Startup Funding News - Latest Updates & Headlines
Pristyn Care faces top level exits, cost-cutting amid cash flow woes
New Delhi, Feb 13: Health-tech unicorn Pristyn Care is facing a series of high-profile exits amid cost-cutting measures, as the company struggles with cash flow issues, mounting expenses and absence of fresh funding to sustain its business model.
Experts welcome Budget's vision for Education sector: AI-driven, inclusive and focused on skilling
New Delhi, February 2: Education experts are applauding the Union Budget 2025-26 for its visionary approach to transforming India's education and skilling ecosystem. The budget's focus on artificial intelligence (AI), emerging technologies, and expanding premier institutions like IITs and medical colleges is seen as a crucial step towards building a future-ready workforce.
Budget 2025: Rs 10,000 crore Fund of Funds proposed for startups
New Delhi, February 1: In boost to Indian startups ecosystem, Finance Minister Nirmala Sitharaman today announced a new Fund of Funds worth Rs 10,000 crore.
Budget 2025: Govt enhances MSME investment limits and introduces credit cards with a Rs 5 lac limit
New Delhi, February 1: In a major push to strengthen the Micro, Small, and Medium Enterprises (MSME) sector, the Union Finance Minister in budget 2025 announced an increase in investment and turnover limits for the classification of MSMEs.
IPO-bound seafood marketplace Captain Fresh posts Rs 229 crore loss in FY24
New Delhi, Jan 13: IPO-bound B2B seafood marketplace Captain Fresh suffered a massive loss of Rs 229 crore in FY24, over 340 per cent decline (or up 4.4 times) from Rs 52 crore in FY23.
IPO-bound seafood marketplace Captain Fresh posts Rs 229 crore loss in FY24
New Delhi, Jan 13: IPO-bound B2B seafood marketplace Captain Fresh suffered a massive loss of Rs 229 crore in FY24, over 340 per cent decline (or up 4.4 times) from Rs 52 crore in FY23.
Startup funding in India rises to USD 115 bn from USD 8 bn in 2016: DPIIT
New Delhi, January 10: The Department for Promotion of Industry and Internal Trade (DPIIT) released figures of Startup performance in India as a curtain raiser to celebrate National Startup Day on January 16.
Global VC firm Accel raises $650 million fund to empower next-gen Indian entrepreneurs
New Delhi, Jan 6: Global venture capital firm Accel on Monday said it has raised a $650 million early-stage fund, dedicated to supporting next-generation of founders in India and Southeast Asia (SEA).
Women-led startup funding in India increases to $930 million in 2024
New Delhi, Jan 5: The Indian startup ecosystem has seen major changes in the last few years and there has been an unprecedented rise in the participation of women entrepreneurs as the funding of female-led startups increased by over 90 per cent in 2024.
DPIIT forms alliance with Stride Ventures to boost India's startup ecosystem and drive global expansion
New Delhi, January 4: The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Stride Ventures, a venture debt firm, to catalyse the growth of Indian startups and widen their global footprint, the firm stated in a release.