Startups News - Latest Updates & Headlines
EaseMyTrip's Q3 net profit tanks 26.3 pc to Rs 33.6 crore, revenue drops
Mumbai, Feb 15: Online travel service provider Easy Trip Planners Limited, which operates EaseMyTrip, reported a 26.3 per cent year-on-year (YoY) drop in net profit for the third quarter ended December 31, 2024 (Q3 FY25).
Tokyo gears up for SusHi Tech 2025 with cutting-edge innovations
Tokyo, February 14: Tokyo is set to host the third edition of SusHi Tech Tokyo in May 2025, an event dedicated to fostering innovation and sustainability in urban development.
Building space parks across India is crucial, says ex-ISRO chairman
Bengaluru, Feb 13: The quality of technology in space-sector startups must reach greater heights, and establishing 'Space Parks' in all states is essential, said former Indian Space Research Organisation (ISRO) Chairman S. Somanath on Thursday.
Northeast region has 2,054 startups, Assam leads: Centre
New Delhi, Feb 13: Led by Assam, there are at least 2,054 startups in the northeast region now, the Central government informed on Thursday.
PM Modi holds bilateral talks with Macron, France agrees to host 10 Indian Startups
Marseille, February 12: Prime Minister Narendra Modi held bilateral talks with President of France Emmanuel Macron in which they reviewed the progress in the areas of defence, space, civil nuclear corporation, health and people to people corporation.
India, Israel aligned to make very strong business to business relationships: Israeli Minister Nir Barkat
New Delhi, February 11: Israel's Minister of Economy Nir Barkat said that the governments of India and Israel are aligned to make "very strong successful business to business relationships." He stated that Israel is scaling rapidly to becoming a dominant global power.
OYO reports Rs 166 crore profit in Q3, revenue jumps 31 pc
New Delhi, Feb 9: Travel tech unicorn OYO on Sunday reported a strong financial performance in the third quarter (Q3) of FY25, posting a profit after tax (PAT) of Rs 166 crore.
23 Indian startups raise over $138 million in funding this week
New Delhi, Feb 8: At least 23 Indian startups raised more than $138 million in funding this week, which included five growth-stage deals and 20 early-stage rounds.
Indian Embassy organises 2nd India-Nepal Startup Connect: Curtain Raiser for Startup Maha Kumbh
Kathmandu, February 7: The Embassy of India in Kathmandu on Friday organized the second India-Nepal Startup Connect: Curtain Raiser for Startup Mahakumbh (SMK) 2025 in the capital city of Nepal.
Indian ConsumerTech market projected to reach $300 billion by 2027
Bengaluru, Feb 7: The Indian ConsumerTech market is projected to reach $300 billion by 2027, growing at a compound annual growth rate (CAGR) of 25 per cent, according to a report on Friday.
Indian start-ups will showcase their innovations in India Energy Week
New Delhi, February 6: Indian Start-ups will showcase their innovations to over 70,000 energy professionals from 120 countries in the India Energy Week (IEW) Scheduled to be held on February 11-14 at Yashobhoomi, Delhi.
Zomato to be renamed 'Eternal'; platform unveils new logo, aims for lasting legacy beyond food delivery
New Delhi, February 6: Zomato Ltd on Thursday announced that its board has approved the change of name of the company to Eternal Ltd., marking a significant transformation in its corporate identity.
OpenAI CEO discusses AI roadmap with Indian startup leaders
New Delhi, Feb 5: OpenAI CEO Sam Altman on Wednesday met leading Indian startup founders and investors in a closed-door session here, and discussed the ChatGPT maker's plans for the Indian market.
Women-led Indian startups making global mark: Union Minister
New Delhi, Feb 3: Women-led startups in India are making a global mark, and they hold the promise to realise the Viksit Bharat goal, said Jitendra Singh, Union Minister of State (Independent Charge) Science & Technology on Monday.
Union Budget 2025 paves way for India's transformation into a USD 30 tn economy: Amitabh Kant
Jaipur, February 2: NITI Aayog's former CEO Amitabh Kant has hailed the Union Budget 2025 as one of the most progressive and forward-looking financial plans, asserting that it lays the foundation for India's sustained economic growth at 8-9 per cent over the next three decades.
Indian startups raise $240.85 million this week, Bengaluru leads in funding deals
New Delhi, Feb 2: During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds.
Positive, provides direct benefits for middle class: Rajasthan Minister Rajyavardhan Singh Rathore lauds Union Budget 2025
Jaipur, February 2: Rajasthan's industry and commerce minister Rajyavardhan Singh Rathore on Saturday lauded the Union Budget presented by Finance Minister Nirmala Sitharaman and said that the budget for the year is positive and is a roadmap to fulfilling Prime Minister Narendra Modi's resolve of 'Viksit Bharat.'
Union Budget: Key measures to bolster 1 crore MSMEs, 1.59 lakh startups
New Delhi, Feb 1: Union Finance Minister Nirmala Sitharaman on Saturday announced significant measures to bolster more than 1 crore registered micro, small, and medium enterprises (MSMEs), employing 7.5 crore people and generating 36 per cent of the country's manufacturing.
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.
Industry body PHDCCI expects budget to focus on MSMEs, middle class, and technology
New Delhi, February 1: PHD Chamber of Commerce and Industry (PHDCCI), has expressed expectations that the upcoming budget will focus on improving liquidity for Micro, Small, and Medium Enterprises (MSMEs) and providing financial relief to the middle class.
Interesting to see how it goes...: Finland envoy on India Startup event
New Delhi, January 29: Finland Ambassador Kimmo Lahdevirta on Wednesday expressed excitement over the growing cooperation between Indian and Finnish startups.
Union Budget 2025: IT and Electronics industry calls for focus on Make in India, AI R&D, and digital infrastructure
New Delhi, January 29: Information Technology (IT) and Electronics industry players, just ahead of the Union Budget 2025-26, have demanded incentives for Make in India initiatives, investments in semiconductor manufacturing, funding for artificial intelligence research and developments, tax relief for tech startups, infrastructure development, skill development programs, and support for digital infrastructure, among others.
Gujarat paves way for national economic growth with 12,000 start-ups: Minister
Gandhinagar, Jan 28: The ‘BRICS - Youth Council Entrepreneurship Pre-Consultation’ event was inaugurated on Tuesday at the National Forensic Sciences University (NFSU) in Gandhinagar.
Centre paves way to propel startups in J&K
New Delhi, Jan 28: The Centre's Department for Promotion of Industry and Internal Trade (DPIIT) and the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) have signed a Memorandum of Understanding (MoU) aimed at fostering collaboration, mentorship, and support for startups in the region, according to an official statement issued on Tuesday.
Minister Jayant Chaudhary honors 100 entrepreneurs; highlights global demand for skilled workforce
New Delhi, January 27: On the occasion of the 76th Republic Day, Union Minister Jayant Chaudhary celebrated the achievements of 100 distinguished entrepreneurs from across India from the skill ecosystem at a special event hosted at Kaushal Bhawan.
Assam govt to roll back New Pension Scheme, announces CM Sarma
Guwahati, Jan 26: Assam Chief Minister Himanta Biswa Sarma on Sunday announced that the state government is set to roll back the new pension schemes, and instead, the Central government's Unified Pension Scheme will be implemented for employees from April.
30 Indian startups raised $250 million in funding last week
New Delhi, Jan 26: At least 30 startups raised $248.87 million in funding last week as the Indian startup ecosystem continues to shine due to strong fundamentals of the economy.
Time that Indian investors and startups should be seen in WEF, says Rukam Capital's Archana Jahagirdar
Davos, January 24: At the World Economic Forum (WEF) Annual Meeting 2025, Archana Jahagirdar, Managing Partner at Rukam Capital, highlighted India's burgeoning entrepreneurial spirit and its evolving global presence.
DPIIT partners with Apna to boost startup talent and create job opportunities for youth
New Delhi, January 22: Department for Promotion of Industry and Internal Trade (DPIIT) and Apna, India's leading jobs and professional networking platform, have entered into an alliance for talent hunt, the Ministry of Commerce & Industry said in a release on Tuesday.
CM Sarma pitches strengthening collaboration between energy industries, semiconductors, and startups of Assam and Korea
Seoul, January 21: Assam Chief Minister Himanta Biswa Sarma held a series of meetings with various stakeholders to explore collaboration opportunities in key sectors such as renewable energy, semiconductors, small and medium enterprises (SMEs), and startups on Tuesday (local time), according to an official statement.
Indian space economy projected to touch $44 bn in next decade: Jitendra Singh
New Delhi, Jan 21: In the next 10 years, the Indian space economy is projected to touch $44 billion, said Union Minister of State (independent charge) for Science and Technology Dr. Jitendra Singh on Tuesday.
WEF chief forecasts 7 to 8 pc growth for India on back of economic reforms
New Delhi, Jan 20: World Economic Forum (WEF) president and CEO Borge Brende has forecast a 7 to 8 per cent GDP growth for India on the back of higher investments driven by economic reforms.
India emerges as global hub for startups and innovation: Minister
Mumbai, Jan 19: India has emerged as a global hub for startups and innovation under the visionary leadership of Prime Minister Narendra Modi, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, has said.
Gujarat Chief Minister Bhupendra Patel inaugurates GIFT International Fintech Institute and Innovation Hub in Gandhinagar
Gandhinagar, January 17: Gujarat Chief Minister Bhupendra Patel inaugurated the GIFT International Fintech Institute (GIFT-IFI) and the GIFT International Fintech Institute Innovation Hub (GIFT-IFIH), marking a new approach to fostering startups in GIFT City.
National Startup Day: Maharashtra CM Devendra Fadnavis inks MoU with SIDBI to create 100 crore fund
Mumbai, January 17: Maharashtra Chief Minister Devendra Fadnavis on Thursday inked a Memorandum of Understanding (MoU) with the SIDBI (Small Industries Development Bank of India) to establish a Rs 100 crore fund.
Maha leads start up revolution in the country: CM Fadnavis
Mumbai, Jan 16: Maharashtra Chief Minister Devendra Fadnavis on Thursday said that the state is not only participating in India's startup revolution but is also leading it.
Assam creating robust startup ecosystem: CM Sarma
Guwahati, Jan 16: Assam Chief Minister Himanta Biswa Sarma on Thursday said the government was creating a strong environment to support the startups in the state.
Success of 'StartUp India' means that today's India is dynamic, future-ready: PM Modi
New Delhi, Jan 16: This success of the 'StartUp India' initiative reflects that today's India is dynamic, confident and future-ready and the government reaffirms its commitment to continue fostering an entrepreneurial ecosystem that uplifts every dream and contributes to 'Aatmanirbhar Bharat,' Prime Minister Narendra Modi said on Thursday.
S. Korea seeks to become one of 5 global leaders in biotechnologies by 2027
Seoul, Jan 15: South Korea will work to export 30 trillion won ($20.5 billion) worth of biotechnologies over the next three years to become one of the five leading nations in the industry, the startups ministry said on Wednesday.
Startup Policy Forum launches 'Startup Baithak' and 'Startup Baatcheet' to celebrate National Startup Day 2025
New Delhi, January 14: Startup Policy Forum (SPF), with the support of the Department for Promotion of Industry and Internal Trade (DPIIT) and Startup India, are launching flagship initiatives- Startup Baithak and Startup Baatcheet, to commemorate National Startup Day 2025.