Tuesday, December 06, 2022
Outlook India
Outlook Business

Start Ups

The Ritesh Agarwal-backed hospitality aggregator is planning an IPO in the first quarter of the FY 2023 with a target valuation of $7 billion to $8 billion

The Atoms programme offers $2,50,000 as the primary capital in the pre-seed rounds to each start-up

Deep tech or deep technology start-ups are enterprises that work in the area of emerging technologies like artificial intelligence (AI), robotics, quantum, blockchain, Internet of Things (IoT), drones and augmented reality (AR)

The investment includes co-investments to the total fund size

Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital and VentureSouq participated in the funding round

This acquisition will help the fintech to intensify its product offerings as it attempts to assist over 10,000 small business owners in India

Selected start-ups will receive a pre-seed funding of $2,00,000, and an additional funding of $1.5 million after completing the programme

IFSCA Chief Technology Officer Joseph Joshy said Indian Fintechs have started applying for the IFSCA Fintech Incentive Scheme, 2022, which has six types of grants

Employees shared their experiences on Twitter after being laid off

The fintech's net expenses grew to Rs 543.8 crore in FY22, compared to 89.3 crore in FY21