After crossing the 1 Lakh mark in March, electric two-wheeler registrations in the country dipped to almost an eight-month low at 64,013 units in April👇📉
🔶 Total registrations declined over 53% MoM from over 1.37 Lakh units in March, as per Vahan data on May 1, amid lowered…
Okie Gaming has received an undisclosed amount from actress
@MsKajalAggarwal
. She has picked up a 15% equity stake in the company and will be joining Okie Gaming as a board member.
#KajalAggarwal
▪️ As part of the 9th edition of 2022 in Review series, we bring you the list of Indian actors and actresses who made investments in startups this year.
@deespeak
@iamRashmika
A petition to reduce the 30% crypto tax being proposed in the Budget and introduce ‘more reasonable crypto policies’ in the country has gained a lot of steam, with more than 30k signatures at the time of reporting.
@CryptooAdy
From 2014 to 2023, Hyderabad has emerged as a powerhouse in the Indian startup landscape – the city now has more than 240 funded startups, supported by 550+ domestic and international investors 👇
In the initial years, investors primarily concentrated on top-tier cities such as…
#Inc42Exclusive
🚨 | Varun Satyam, Yuvraj Chhibber and Yash Jejani-led Strip Finance, which aims to provide enhanced liquidity of the marketplaces, has closed a seed and private round at INR 11 Cr.
#Funding
@StripFinance
#Exclusive
: Koo, the Indian microblogging app once seen as a rival to X (Twitter), has stopped paying salaries to all its employees from April 2024 onwards citing financial constraints👇
Multiple Koo employees had raised concerns about salaries being halted from April, and the…
Checkout the top 10 startup hubs of the country.
#Bengaluru
is at the first position in terms of deal count as well as funding amount followed by
#DelhiNCR
,
#Mumbai
,
#Chennai
and so on.
While
#business
sustainability has always been a question for most heavily funded companies in edtech.
Bootstrapped test prep company,
@studyiq
claims to be profitable from day one with majority of its users joining organically.
cc:
@DrGauravGarg4
India, the 3rd largest startup ecosystem in the world is bound to cross 1 Lakh startups and 200 unicorns by 2025 according to an Inc42 Plus analysis.
Let's take a look at the cities which are frontrunners in harbouring the Indian
#startup
ecosystem.
*Data as of 7th August 2021
After investing in
@MyNykaa
and StyleCraker, actor
@aliaa08
has launched a
#startup
called Ed-a-mamma which caters to the kidswear category. It offers clothes for children in the age group of 2-14 years
#AliaBhatt
🔸Traveltech major
@EaseMyTrip
has acquired a non-controlling stake of about 13% in Eco Hotels and Resorts Limited in a share swap deal to enter the hotel and hospitality industry👇
🔸The online travel aggregator said the primary objective of the strategic investment in Eco…
In a bid to further fuel the rapidly evolving AI landscape in the country –
@Google
has shortlisted 20 AI-first startups for its startup accelerator in India. Let’s take a look 👇
The accelerator offers a 3-month equity-free programme where selected startups get mentorship and…
.
@balajis
believes that the rise of India shouldn’t simply be a reaction against the US and China, but should emanate from a spirit of cooperation with the rest of the world.
Important takeaways from his talk at
#TheMakersSummit2021
Launched three weeks ago, Bollywood couple
@geneliad
and
@Riteishd
's 'plant-based meat'
#D2C
venture Imagine Meats offers nine products across biryani, seekh kabab, keema, chicken nuggets and burger patties in the ready-to-eat category.
@ImagineMeats
🔹Price comparison between
#ONDC
and
#Swiggy
\
#Zomato
— key metrics, location and time being the same — revealed that Swiggy, even after discounts, was 95% more expensive on the pocket compared to ONDC.
#HealthTech
| The parent company of
#epharmacy
platform PharmEasy, API Holdings, is investing INR 307 crore in Aknamed, a healthcare supply chain startup.
@pharmeasyapp
Bollywood actor and entrepreneur
@SonuSood
launched an AI-enabled social media app
@explurger
.
- The app creates automatic travelogues using artificial intelligence and gamifies the user experience
#SonuSood
In our upcoming LIVE
#AMA
session,
@shashark
, founder,
@deskera
will address how SaaS enterprises can capitalise on this massive digitisation wave of SMBs in a session moderated by
@vardhanvaibhav
on 7th May at 3 PM.
Register Now!
🔸 Softbank’s funding deals dropped to 0 in 2023 – but now it’s in talks to invest upto $100Mn in 4-5 Indian Startups.
🔸 As of now, SoftBank’s total investment in Indian startups stands at $15 Bn, where it already withdrew $7 Bn.
Bengaluru-based electric vehicle maker
@atherenergy
has entered the Delhi market and inaugurated its first experience centre in the capital’s Lajpat Nagar neighbourhood. This is the company's 10th sales location in India
After announcing his retirement from all formats of international cricket on 15 August, 2020 –
@msdhoni
can now be seen expanding his startup portfolio 👇
Between 2018 and 2021, Dhoni pumped money into 4 startups –
@homelanedecors
, 7InkBrews,
@Khatabook
and
@cars24india
.
In…
#Exclusive
: Bengaluru-based
#Simplilearn
fired around 200 employees citing their poor performance over the last few days, sources told Inc42 👇
A thread🧵: (1/3)
The Karnataka High Court has verbally warned Facebook that it would shut down its operation in India if it does not cooperate with police investigation over a fake profile.
India’s Ecommerce Landscape: Key Players
🔹Here are the list of Unicorns, Soonicorns and Growth Stage startups that have emerged between Jan - Sept 2022.
🔹In terms of unicorns, there are 24 in total, with a total funding of $29 Bn, top hub being Delhi-NCR.
🔸
@phonepe
continued its run as the biggest player in the Indian digital payments space in the first month of 2023.
🔸At 35.18 Cr,
@CRED_club
processed just 0.4% of the total transaction count but accounted for nearly 1.5% of the total transaction volume
#Zilingo
’s House Of Cards Falls: How Founders Ankiti Bose & Dhruv Kapoor Burnt Millions And The Startup To The Ground
Zilingo’s journey has stalled after a great rise amid a slew of controversies.
👉So what exactly went wrong?
1/N
The past decade has seen many celebrities capitalise on the growth of the world’s 3rd largest startup ecosystem. Here’s a closer look at 11 celebrities who turned startup founders ⭐ 💸
🔸 Leading the pack are imminent names like Deepika Padukone and Alia Bhatt, who are…
🔻There could be serious repercussions for many influencers involved in the World Startup Convention if the investigation into the event leads to a police action.
.
@Flipkart
is the mecca of startups in India. As per Inc42 data, as many as 70 former Flipkart employees have emerged as entrepreneurs and founded 50 startups. Let’s take a look 👇👀
Stating the reasons behind Flipsters going ahead to found companies, Flipkart’s ex-COO Nitin…
▪️ How Ecommerce Startup Ecosystems Stack Up Globally: Venture Capital
▪️ In terms of funding (2014 - Q3 2022), United States is way ahead followed by China and India.
As India celebrated the success of Chandrayaan-3’s Moon landing — it’s important to note that many homegrown spacetech startups have emerged as silent knights. Last year alone as many as 100 spacetech startups got registered with the Indian Space Research Organisation👇️…
.
@MotwaniSuhas
is the co-founder of
@TheProductfolks
- India's largest and most engaged community of product professionals & and
@0xTPH
- one of India's fastest growing web3 communities.
.
@LiveTreeHQ
is the world’s first blockchain funding and distribution platform for film and content creators.
Here’s an inside scoop of LiveTree’s incredible journey over the last two years.
Smt.
@AnupriyaSPatel
, Hon'ble Minister of State for Commerce & Industry speaking at the inauguration of the Indian Business Portal - An International Trade Hub for Indian Exporters & Foreign Buyers.
Let’s take a closer look at India's unicorn club! 👀 🦄
The Indian startup ecosystem minted only 2 unicorns in 2023 – against 21 unicorns in 2022 and 45 in the funding mania-led 2021. As we enter 2024, buckling the current trend and restoring investor confidence would be…
As per Inc42 data, as many as 56 former
@oyorooms
employees have emerged as entrepreneurs and founded 53 startups. Let’s take a look 👀👇
For the uninitiated, a “mafia” refers to the network of founders and employees of a company that go on to start new businesses.
According…
Nearly a month after the high-profile exit of multiple board members, edtech decacorn
@BYJUS
has now appointed former SBI Chairperson
#RajnishKumar
and ace investor
@TVMohandasPai
as members of its newly-constituted advisory council.
India’s 110 unicorns today employ more than 4.5 Lakh individuals directly – among which,
@flipkart
is the biggest employer having a whopping 47,859 employees on its payroll.
A comprehensive breakdown of employment created by Indian unicorns till date👇
A thread🧵: (1/8)
This Kisan Diwas, let’s celebrate 100+ startups that are revolutionizing the Indian agriculture landscape 🌿 👩🌾
🔸India is home to over 1,000 agritech startups that have collectively garnered over $2 Bn in funding since 2014. According to a study, the agritech market is…
The most awaited startup list of the month is out! 🚀
Over the past 3 years, this list has become a milestone for India’s young startups.
We are elated to announce the 30 Startups To Watch series– featuring the 30 hottest startups on our radar for Nov.
A thread🧵: (1/25)
Have a team of PMs? Learn how to manage and build your team of PMs like a product itself!
Learn this and a lot more in the masterclass by
@gvdinesh
from
@kissflow
at
#TheMakersSummit2021
!
Register here:
LIVE now:
#Masterclass
by Rohan Shanbhag, VP, Business Development & Head Of Ecommerce,
@delhivery
on "How D2C Brands Can Drive Up Their Customer's Lifetime Value" at
#TheD2CSummit
Emerging Startup Hubs In India:
Chennai has emerged as the fastest growing startup hub in India, followed by Pune, Hyderabad, Ahmedabad and Jaipur.
The most awaited startup list of the month is out! 🚀
Over the past 3 years, this list has become a milestone for India’s innovative young startups.
We are so excited to announce this month’s 30 Startups To Watch series – featuring the 30 hottest startups on our radar for…
.
@zoho
, the 24-year-old
#Saas
giant has not only been producing world-class products in India to cater to the world, but it has also given wings to entrepreneurial dreams by inculcating the culture of intrapreneurship.
How? Take a look.
With the hope that Cryptocurrency will see a new day in India,
@NischalShetty
sparked off a Twitter campaign to seek the community’s support and government’s attention. Here's all that you need to know about it ↓
India’s Ecommerce Landscape: Key Players
Checkout the list of brands - Unicorns, Soonicorns and the ones that are in their growth stage.
These brands are categorised on the basis of their total funding, combined valuation and top hubs.
#CleanTech
| Mumbai-based cleantech startup Atomberg Technologies has
#raised
an undisclosed amount from KA Enterprises, the investment arm of Deepika Padukone's Family Office, in its Series B round.
@atomberg_tech
@deepikapadukone
The ecosystem summit has kicked off with the launch of an analytical report of
@Inc42
— The State Of Indian Startup Ecosystem 2018 — by Hon’ble Minister of Commerce and Industry and Civil Aviation,
@sureshpprabhu
#42ecosystem
#Zomato
&
#Nykaa
are facing potential removal from the Nifty Next 50 Index.
The Nifty Next 50 Index represents the performance of 50 companies listed on the NSE of India which are considered to be the next group of large-cap companies after the Nifty 50 Index.
India is home to more than 70 Gen-AI startups, which raised $440 Mn+ between 2019 and Q3 2023 — here’s a breakdown of who’s who in the sub sectors 👇
🔹 According to Inc42’s latest report — India’s Generative AI Startup Landscape, 2023 — the country’s Gen-AI market is projected…
Global Startup Ecosystem Comparison: India vs China vs USA
Checkout the comparison between India, China and the US, in terms of total funding, funding CAGR, internet penetration and total internet users.