In a First, RBI includes ‘startups’ under Priority Sector Lending Category

In an unprecedented move, RBI for the time has included startups under the Priority Sector Lending category. This was announced as part of RBI’s monetary policy statement for 2020-21 that was unveiled by Governor Shaktikanta Das on Thursday morning. RBI Governor Shaktikanta Das This is the first time that India’s Central Bank has reviewed the guidelines for…

ByGirish ShettiAugust 6, 20200Comments

News

Startup Morning News Updates & Scoops

Amid growing demand for online tutorials, Vedantu has raised $100 Mn in a series D round at a valuation of $600 Mn. The round was spearheaded by US based investors Coatue Management and also witnessed participation from several existing investors. With eye-popping $600 Mn valuation, Vedantu is now the second most valued edtech company…

ByGirish ShettiJuly 17, 20200Comments

Startup Resources

Semi-Annual Factsheet of Indian startups in 2020 – (January to June)

Stung badly by coronavirus pandemic, the last six months of the year 2020 has turned out to be one of the most challenging periods not only for the Indian startups but also for the entire global economy. But to decode just how Indian startups fared during these six months including in the last three months…

ByGirish ShettiJuly 11, 20200Comments

News

Twitter backed ShareChat is the latest Startup to opt for Mass Layoff

Bengaluru based ShareChat has joined the layoff bandwagon, after the company announced on Wednesday that it will lay off 101 employees as a part of cost cutting measure. ShareChat’s Co-founder and CEO Ankush Sachdeva announced the layoff decision through a mail that was sent to all employees on early Wednesday morning. Economic Times accessed the copy…

ByGirish ShettiMay 20, 20200Comments

Funding News

Udaan’s Valuation may touch $2.2 Bn with Fresh Funding Round

True to its name, online marketplace for SMEs and small businesses Udaan is taking flight to new horizons. After achieving the fastest unicorn tag last year, the Bengaluru headquartered startup is now inching closer to double its market valuation with a new funding round. People privy to the matter claim that the startup is in…

ByGirish ShettiJuly 29, 20190Comments

News

Top 5 Updates for Startups from Union Budget 2019

India’s Union Finance Minister Nirmala Sitharaman is currently presenting Budget 2019 in the Lok Sabha. Like all industries, India’s burgeoning startup community is all glued up to the budget presentation with hope of some good news. And the good news has already started trickling in as Sitharaman has given reprieve on the contagious issue of…

ByGirish ShettiJuly 5, 20190Comments

News

It’s Official: Paytm is Breathing down the Neck of BookMyShow But….

It is not that we didn’t know it, but now it has become far too obvious. Simply put, the latest figures thrown out by BookMyShow in its regulatory filings unanimously indicate that company’s movie ticketing business is feeling the pressure. The pressure is all thanks due to Paytm, which is steadily eating into BookMyShow’s main…

ByGirish ShettiOctober 30, 20180Comments

Featured Startups

Hive: A platform that aims to improve workplace productivity

Is your company being seriously plagued by workplace productivity issues and you simply don’t have an idea how to get over it? Well, a young startup ‘Hive’ has created project management & collaboration platform that can easily solve all your workplace productivity problems. The Hive platform, which can be used by companies of all sizes,…

ByGirish ShettiOctober 18, 20180Comments

interviews

Vishal Gondal: GOQii is trying to bring Human touch in tech enabled Fitness world

Vishal Gonadal: GOQii is trying to close motivational gap in the tech-enabled Fitness world A boy at the tender age of 16 starts a gaming company and spearheads it for more than 13 years before selling it to Walt Disney. Vishal Gondal has indeed seen it all during his decade long stint with his first gaming startup.…

ByGirish ShettiSeptember 15, 20180Comments

News

Spicejet’s Chief Ajay Singh may invest in Silicon Valley based startups: Sources

Spicejet’s chairman Ajay Singh is reportedly holding discussions with an American venture capital firm for investing in Silicon Valley based startups. The VC firm has been identified as JetBlue Technology Ventures - the venture capital arm of U.S. based low cost carrier JetBlue Airways. According to sources, Singh is interested in startups that could contribute to…

ByGirish ShettiAugust 24, 20180Comments

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