Category: Start-up

Weeks after questioning the lack of innovation by several new Indian companies, Commerce and Industry Minister, Piyush Goyal met several players from the country’s startup ecosystem in New Delhi. The closed-door meeting was organised by the industry body Startup Policy Forum. The Forum is slated to share updates from the meeting next week. The people […]

More than 28,000 startups have closed in the last two years – 15,921 in 2023 and 12,717 in 2024 – with reasons ranging from bankruptcy to being inactive for more than a year. According to the data intelligence platform Tracxn, the number of startups in India which closed shop in these two years are much higher […]

During a session on ‘Building a diverse startup ecosystem: inclusion and gender equality’, panelists discussed the power of inclusive technology, role of academic institutions in fostering the same and how inclusion must be unbiased. Even as Tamil Nadu is heading towards a vibrant and tech-led startup ecosystem, there is a need for a policy framework […]

According to Wadhwa, Indian entrepreneurs are overlooking a significant chance to apply cutting-edge hardware for public benefit, instead opting for “brain-dead” projects aimed at short-term gains over lasting impact. Vionix Biosciences CEO, Vivek Wadhwa has taken aim at India’s startup ecosystem, criticizing it for being overly focused on “brain-dead” ventures that ignore pressing societal needs. […]

Commerce and Industry Minister, Piyush Goyal said he has faced criticism from former Infosys, CFO Mohandas Pai for urging Indian startups to focus more on innovation. “I have been bashed up a little bit by Mohandas Pai in the last few days for my appeals for startups to focus on innovation,” Goyal noted, describing the backlash as “unfortunate.” The […]

Startup Mahakumbh 2025, the world’s largest startup event is poised to return with an ambitious vision to ignite innovation, empower entrepreneurs and elevate India’s position on the global startup stage. Scheduled to take place from April 3 to 5, 2025, the second edition of this flagship event is set to foster collaboration, inclusivity and technological […]

Out of 1.52 lakh startups recognized under the Startup India initiative by the Department for Promotion of Industry and Internal Trade (DPIIT), 5,063 startups—around 3.3% of the total—have been shut down, according to data shared by the Ministry of Corporate Affairs as of December 5, 2024. This information was disclosed by Jitin Prasada, Minister of […]

Swiggy’s largest investor Prosus could realise more than $500 million from the food and grocery delivery firm’s upcoming IPO as it plans to offload 5% stake during the listing. The amount is calculated based on Swiggy’s estimated listing valuation at $11-12 billion. It may change depending on the final issue price. Besides Prosus, other investors […]