Browsing: Startups

Industrial 47, Antler, AC Ventures, Dexter Ventures, and several angel investors participated in the round. This comes at a time of heightened interest in indigenous defence manufacturing and AI-powered security systems, as India looks to reduce import dependence and strengthen domestic capabilities.

The Reserve Bank of India has instructed finance companies to exclude default loss guarantees (DLGs) from fintech firms when provisioning for stressed loans, impacting digital lending service providers. NBFCs must now make full provisions on these loans, diminishing their appeal for new business.

Agritech startup GROWiT India raised $3 million in a round led by GVFL, with participation from several investors. The funds will support expansion, enhance R&D, and improve technology infrastructure. CEO Saurabh Agarwal emphasised using technology to tackle climate challenges and promote sustainable, cost-effective farming for increased yields.

Amid tightening funding conditions, the government has expanded the Credit Guarantee Scheme for Startups, raising the coverage limit to ₹20 crore and slashing annual guarantee fees for 27 priority sectors.

Did you hear about that Indian edtech firm getting snapped up for half a billion?No?…

The FY25 Budget drops a mixed bag of reforms—did it fuel the fire for Indicorns…

The policy also envisions establishing a Centre for Excellence in Space Technologies for skill development and research.

PwC India on Monday announced the launch of its first accelerator programme to support startups in…

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of…

BENGALURU (Reuters) – The Indian National Space Promotion and Authorisation Centre (IN-SPACe) on Wednesday launched…