NamRiitz LLC, a dynamic and purpose-driven women-led startup, announced its official launch on Presidents Day, February 17, 2025.
With a mission to redefine the future of work, NamRiitz offers innovative talent, outsourcing, and consulting solutions while embedding a strong commitment to social impact, dedicating 30% of its profits to initiatives focused on child and women empowerment.
A delegation of 16 Indian tech startups recently visited Silicon Valley, aiming to expand their footprint in the U.S. and explore new opportunities for collaboration. The delegation, led by the National Association of Software and Service Companies (NASSCOM), participated in a workshop organized by TiE Silicon Valley in partnership with the Consul General of India.
A total of 51 founders of 28 Indian new-age startup companies in the country took home Rs 283.5 crore ($33.42 million) as an annual salary in FY24.
According to the Inc42 report, “The average salary of startup founders in India declined by 26.9% on year-on-year (YoY) basis to Rs 5.55 crore in FY 24 from Rs 7.6 crore in FY23.”
If space is the new frontier, then a startup and two rocketeers from India have made it their mission to make shooting payloads into Earth’s orbit easier and cheaper.
AgniKul Cosmos, an Indian aerospace startup, is on a mission to make space travel more affordable and accessible, with a focus on small-lift launch vehicles.
Nexus, a premier business incubator hosted at the American Center in New Delhi, is currently accepting applications for its 20th cohort which will begin a nine-week training program on February 2, 2025, the U.S. Embassy in New Delhi said in a statement on Tuesday, December 3.
The Nexus cohort program provides an invaluable opportunity for 15 Indian start-up companies to receive specialized training from Indian and American experts to sharpen their value propositions, define their target markets, get market feedback on product/technology and create milestones to bring their companies to the market.
Indian edu-tech company Byju’s founder Byju Raveendran is facing allegations of covertly trying to buy back a software company using loan money he hid from American lenders, reports said
According to a Bloomberg report, Raveendran attempt to regain control of his collapsing startup, which is currently dealing with bankruptcy in India and legal troubles in America.
By Ritu Jha- At the recent Best Whiskey in the World competition, a small but impassioned upstart outshined larger, established brands in whiskey making. San Jose-based 10th Street Distillery came away with the Best Whiskey in the World award. Co-founder Virag Saksena said the achievement culminates years of hard work and overcoming obstacles in pursuit […]
A billionaire entrepreneur of Indian origin has launched Silicon Valley startup Aetherflux to harvest solar power from space for remote parts of the globe. He plans to build a network of solar power stations in orbit to transmit energy to Earth.
Overhead should be the most scrutinized line-item of Business
When I first started my company, the idea of hiring a Human Resources (HR) person felt like an unnecessary overhead. I wasn’t alone in that thinking, either. Many founders believe that HR simply adds to the costs without delivering enough tangible value in return. The personnel department of decades past has been rebranded into “human resources” or “employee relations.” Today, HR is nominally tasked with “curating company culture”, advocating for diversity, ensuring competitive salaries and benefits. All too often, HR also becomes a legal instrument, protecting the company against lawsuits (or, sometimes inviting them inadvertently). What HR is not great at is identifying the right talent. Hiring the right people is one of the most critical job of a startup CEO. And, in many ways, HR always felt somewhat disconnected from the heart of my business. I would advise founders to hold off on HR as long as possible.
National Association of Software and Service Companies (NASSCOM), a leading trade association representing India’s $250 billion technology industry, brought in 35 DeepTech startups to Silicon Valley where they got an opportunity to meet potential investors, meet entrepreneurs and talk about their products.
Established in 1988, NASSCOM has over 3,000 member companies that span from DeepTech and AI startups to multinationals and from products to services.
The Indian government on Sunday, October 6, said it has earmarked Rs 1,000 crore for venture fund to space startups, an indication of high priority that the government gives to the space sector.
Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said the decision was taken within first 100 days of the Prime Minister Narendra Modi 3.0 government.
The government of India announced Sunday, September 15, that it will launch a ground-breaking digital platform aimed at bolstering the startup ecosystem in the country.
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, is set to launch the ‘Bharat Startup Knowledge Access Registry’ (BHASKAR) initiative, under the Startup India programme.
Top startups from across the globe are vying for top honors and a $1 million investment prize at the Startup World Cup 2024.
Startup World Cup, organized by Pegasus Tech Ventures, a Silicon Valley-based global venture capital firm, is a series of global startup conferences and competitions, powered by Pegasus Tech Ventures. It consists of over 100 regional startup competitions in more than 20 countries, leading up to the Grand Finale in Silicon Valley. The Startup World Cup 2024 Silicon Valley Regional was held at the Computer History Museum, Mountain View, Aug 1.
Indian startups successfully raised $1.03 billion in July after the government abolished the angel tax on foreign investors in the Union Budget 2024-25, according to a report released on Saturday, August 3.
An Indian startup in the student gig economy has raised ₹2 crores ($239K) from two US-based angel investors.
Founded by Mythri Kumar and Apoorv Sharma Prasad, Timbuckdo is an innovative platform designed to connect students with part-time gig opportunities, bridging the gap between students seeking flexible employment and businesses in need of part-time support.
The National Democratic Alliance (NDA) coalition government under the leadership of Modi 3.0 might be better than the two earlier terms says US-based venture capitalists, policy advisors, and academia. Talking to indica they also hope that the Modi government will come up with more favorable policies to boost funding, and hope he repeals the Angel Tax.
Prime Minister Narendra Modi on Wednesday, May 22, emphasized again that the government is committed to providing a conducive environment for startups to flourish.
It was the IIT Startups Bay Area spring mixer that brought in IITians to network, connect, and reminisce about their yesteryears on the rooftop of the Hewlett Packard Enterprise at America Center Dr, San Jose held in Santa Clara, on April 25.
Indian startups continued to raise funds at a normal pace, and last week, as many as 30 startups secured over $172.71 million in the country. This included eight growth-stage deals and 16 early-stage deals, reports Entrackr. “As many as six early-stage startups did not disclose the amount raised,” the report mentioned.
Indian startups continued to raise funds at a normal pace, and last week, 22 startups secured nearly $450 million in the country. This included nine growth-stage deals and 11 early-stage deals, reports Entrackr. “Two startups kept their transaction details undisclosed,” the report mentioned.
India is home to more than 8,000 startups that have women founders with a cumulative funding of nearly $23 billion, a report showed on Thursday. Women entrepreneurs’ share of startups in the Indian tech industry exceeds 18 per cent, and among funded companies, the share is more than 14 per cent, according to the report by Tracxn, a leading market intelligence platform.
Innovation hub and ecosystem enabler T-Hub on Thursday collaborated with the Indian government’s Department of Science and Technology (DST) to inaugurate one-of-its-kind machine learning and artificial intelligence technology hub (MATH). Operating as a Center of Excellence (CoE), MATH aims to generate over 500 AI-related jobs by 2025 and nurture more than 150 startups annually.
Indian startups have raised $732.7 million across 107 deals in January 2024 amid layoffs, shutdowns and top-level exits. According to TheKredible’s data, there were 70 early-stage deals with a total value of $314.4 million, and 21 growth-stage deals worth $418.3 million. There were 16 undisclosed rounds.
The government on Saturday launched the ‘Digital India FutureLABS’ initiative that will enable partnerships between the government, startups, and large enterprises to foster the next-generation electronics design ecosystem, thus catalyzing the next wave of startups from the country.
In what is being dubbed one of the largest acquisitions in the Indian startup sector, SentinelOne a global leader in AI-powered security based in California has acquired Bengaluru-based cloud security platform PingSafe for $100 million.
