Startup Ecosystem

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Addressing The Achilles Heel Of The Startup Ecosystem – Expectations F...

After the detrimental impact of the third wave…
30th January, 2022
Venture Catalysts Launches $100 Mn FIntech Exclusive Fund With 9Unicorns Summary It plans to invest $8 Mn to $10 Mn in the Series B and C rounds of growth-stage startups led by high-quality founders It also aims to build a portfolio of a dozen fintech startups that will collectively be worth more than $200 Bn by 2025 Eleven new Indian fintech unicorns were minted last year including two crypto startups that entered the club. Well-known startup incubator Venture Catalysts has launched a growth capital fintech fund called Beams FinTech Fund that will invest in India-based fintech startups. It is being launched by an integrated incubator from Venture Catalysts and 9Unicorns.
News

Venture Catalysts Launches $100 Mn Fintech Fund For Backing Growth Sta...

Well-known startup incubator Venture Catalysts has launched a…
27th January, 2022
Exclusive: SoftBank Backed Juspay Increases ESOP Pool By 232X To INR 552 Cr
News

Exclusive: SoftBank Backed Juspay Increases ESOP Pool By 232X To INR 5...

Bengaluru-based fintech startup Juspay has increased its ESOP pool scheme size by…
21st January, 2022
Web3 Gaming Giant YGG’s India Unit IndiGG Bags $6 Mn From Sequoia, Lightspeed IndiGG, Sub-DAO Of YGG, Raises $6 Mn In Seed Funding For Web3 Gaming Summary IndiGG is a sub-DAO of YGG that aims to create a blockchain-powered play-to-earn gaming guild on the Polygon network Gamers earn digital assets like NFTs by participating that can then be sold and exchanged on different marketplaces According to Reddit cofounder Alexis Ohanian, who invested in IndiGG, 90% of the games in the market will be play-to-earn games in the next five years Web3 gaming startup IndiGG has raised $6 Mn in seed funding from Sequoia Capital India, Lightspeed Venture Partners, Variant Fund, Play Ventures Dune Ventures and Jump Capital among others.
News

Web3 Gaming Giant YGG’s India Unit IndiGG Bags $6 Mn From Sequoia, Lig...

Web3 gaming startup IndiGG has raised $6 Mn in seed funding from…
20th January, 2022
Success Rate Of Indian Startups Higher Than The Rest Of The World: Piyush Goyal
News

Piyush Goyal Asks VC Funds To Promote And Invest In Small City Startup...

Union Minister of Commerce and Industry, Piyush Goyal, has urged global venture…
15th January, 2022
Prime Minister Narendra Modi declared the 16th of January as “National Startup Day” while speaking to over 150 startups at an event that is part of the government’s Amrit Mahotsav celebrations. The date 16th January is a historic day for the Indian startup ecosystem since 2016. Six years back the government of India under Modi’s leadership had announced the Startup India Action Plan aimed at building a strong foundation for the startup ecosystem in the country.
News

PM Modi: Golden Era Of Startups Has Just Begun, Declares January 16th ...

Prime Minister Narendra Modi declared the 16th of January as “National Startup…
15th January, 2022
Y Combinator's $500K Deal: What It Means For Indian Startup Founders, Early Investors
In-Depth

Y Combinator $500K Deal: What It Means For Indian Startup Founders, Ea...

Investors claim that Y Combinator is effectively bullying its way into a future deal...
13th January, 2022
Anicut Capital Announces Final Close Of Second Debt Fund At INR 875 Cr For Early Stage Startups
News

Anicut Capital Announces Final Close Of Second Debt Fund At INR 875 Cr...

Chennai-based alternative financing firm Anicut Capital has announced the final close of…
12th January, 2022
SoftBank Backed Ecommerce Rollup Unicorn GlobalBees Backs Three D2C Brands
News

SoftBank Backed Ecommerce Rollup Unicorn GlobalBees Backs Three D2C Br...

Continuing its portfolio expansion, rollup ecommerce unicorn, GlobalBees, has backed three new…
11th January, 2022
Gurugram-based venture capital (VC) firm Elevation Capital has promoted Mukul Arora from partner to co-managing partner.
News

Elevation Capital Promotes Mukul Arora To Co-Managing Partner

Gurugram-based venture capital (VC) firm Elevation Capital has promoted Mukul Arora from…
11th January, 2022
Indian Startups Have Created 6.5 Lakh Jobs To Date: DPIIT Secretary
News

Indian Startups Have Created 6.5 Lakh Jobs To Date: DPIIT Secretary

Addressing the achievements and initiatives undertaken by the government in the startup…
7th January, 2022
Local Language-Focussed OTT Platform STAGE Raises Funds; Plans To Take Paid Subscriber Base To 1 Mn
News

Local Language-Focussed OTT Platform STAGE Raises Funds; Plans To Take...

Delhi NCR-based local languages and dialects-focussed OTT platform STAGE has raised $2.5…
6th January, 2022

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