Startup News, Policies and Featured Stories fostering insights to the Indian startup ecosystem and various sectors like Fintech, Edtech, Logistics and more.

  • Bira91 – India’s beer brand raises $30 Mn funding from Sequoia India & Sofina Capital

    Bira91 on April 24 made the announcement of its latest bridge investment round of $20 million led by Sequoia India and Belgium’s Sofina Capital.

  • Udaan lays off contractual employees amid COVID-19 – Offers one-month compensation & recommendation letter

    India’s B2B e-commerce startup unicorn has reportedly laid off several employees working on contractual basis with the company.

  • Itilite – Bengaluru-based SaaS startup raised $13 Mn from Greenoaks & Dubai’s Vy Capital

    Bengaluru based software-as-a-service (SaaS) startup Itilite that focuses on business travel on April 18 raised $13 million from Greenoaks and Dubai’s Vy Capital.

  • Sakshi (NGO) launches #MakeHomeASafeSpace to create awareness on Child Sexual Abuse COVID-19

    Sakshi, a rights-based NGO, working towards preventing child sexual abuse has launched a digital campaign #MakeHomeASafeSpace amid COVID-19

  • [Exclusive] Amsterdam-based entrepreneurs launch the global ‘COVID 19 Blockchain Fund’ to synergise Cryptocurrency for COVID-19 relief

    One of such blockchain or crypto-based COVID-19 funds is the COVID 19 Blockchain Fund that aims to support the most affected nations.

  • Live online tutoring platform Vedantu raises $6.8 Mn funding from KB Global

    Bengaluru-based edtech startup Vedantu that offers online tutoring to students on April 20 raised $6.8 million from South Korea’s KB Global Platform Firm.

  • OYO declares pay cuts and temporary leaves amid COVID-19

    Oyo Hotels and Homes on Wednesday announced that it will cut a 25 percent from the salaries of its employees for April-July period

  • [Exclusive] LimeTray – offering 30% discount on its Online Delivery Solution for Restaurants in the Middle East amid COVID-19

    LimeTray will waive-off the set-up fee and also provide 30 percent discount to the restaurants in all Middle East countries including UAE, Egypt, Saudi Arabia, Lebanon, Qatar, and Kuwait…

  • Google CEO Sundar Pichai donates INR 5 crore to Give India for COVID-19 relief

    The CEO of Alphabet and Google, Sundar Pichai has reportedly donated INR 5 crore to a non-profit organisation Give India amid COVID-19

  • SIDBI launches ‘Startup Assistance Scheme’ amid COVID-19

    The Lucknow, India headquartered financial institution has recently introduced a scheme called COVID-19 Startup Assistance Scheme (CSAS)

  • Best-selling author Amir Hegazi launches Ecosystem Arabia book

    The renowned author, Co-founder & Managing Partner of intoMENA Group, Amir Hegazi has recently launched his new book, Ecosystem Arabia.

  • Swiggy bags another $43 Mn funding from China’s Tencent, Samsung & more

    India’s online food delivery unicorn Swiggy on March 6 raised $43 million from its existing backer China’s Tencent, Samsung, Mirae Asset Capital Markets…

  • Reliance Industries injects INR 500 Cr in edtech startup Embibe

    Reliance Industries invested INR 500 crore in the Bengaluru-based edtech startup Embibe. Back in February, Reliance invested INR 90 crore in Embibe.

  • Zoho founder Sridhar Vembu contributes INR 25 Cr to PM-CARES Fund for COVID-19

    The founder of India’s software behemoth Zoho Corp, Sridhar Vembu has reportedly donated INR 24 crore to PM-CARES Fund for Coronavirus relief.

  • World Bank approves $1 billion aid to India to fight Coronavirus

    The World Bank have reportedly approved a benefaction of $1 billion towards India Covid-19 Emergency Response and Health Systems Preparedness Project.