Indian Startup News @indstartupnews

Billionaire Elon Musk is reportedly visiting China, Tesla's second-biggest market, to meet senior officials in Beijing. According to a Reuters report, the discussions will focus on the rollout of Full-Self-Driving (FSD) software and obtaining approval to transfer data collected…

India filed 83,000 patents in FY23, marking a 24.6% growth—the highest in two decades—as reported by Nasscom's Patenting Trends. The number of patents granted also more than doubled from FY2019 to FY2023, with projections showing over 100,000 patents could be granted from March…

Indian IT services company HCLTech is aiming to onboard over 10,000 freshers in the fiscal year 2025. Speaking at the company’s fourth-quarter earnings conference, Ramachandran Sundararajan, chief people officer said, “For FY25, our go in position is about 10,000. So the…

U.S. Ambassador to India, Eric Garcetti, highlighted the significant representation of Indian-origin CEOs in Fortune 500 companies, noting that over one in ten are now Indian immigrants. "The successes have happened, more than 1 in 10 CEOs of Fortune 500 companies now are…

Norwest Venture Partners, a global venture capital and growth equity investment firm, has closed a $3 billion fund, NVP XVII, LP (NVP 17). The new fund aims to support multi-stage investments across the enterprise, consumer, and healthcare sectors. Read the full story here👇…

Zomato rival Swiggy is reportedly preparing to file confidentially for an IPO with the SEBI next week, according to a report by Moneycontrol. The report said the foodtech giant plans to use the confidential filing option introduced in 2022, which allows companies to keep their…

WhatsApp has warned the Delhi High Court that it will cease operations in India if required to compromise its encryption, stating this would violate user privacy. According to media reports, The company's lawyer emphasized, "As a platform, we are saying, if we are told to break…

WhatsApp has warned the Delhi High Court that it will cease operations in India if required to compromise its encryption, stating this would violate user privacy. According to media reports, The company's lawyer emphasized, "As a platform, we are saying, if we are told to break…

WhatsApp has warned the Delhi High Court that it will cease operations in India if required to compromise its encryption, stating this would violate user privacy. According to media reports, The company's lawyer emphasized, "As a platform, we are saying, if we are told to break…

Former Shark Tank India judge Ashneer Grover took to X to react to the RBI's action against Kotak Mahindra Bank, which barred the bank from onboarding new customers online and issuing fresh credit cards. "LOL! Irony: Banks se Tech nahi ho rahi Fintech se Banking nahi ho rahi…

The Central Consumer Protection Authority has reportedly asked quick commerce companies like Blinkit, Zepto, BigBasket (BB Now), and Swiggy Instamart to prove that they are actually delivering in "10 minutes or less", as they have claimed in their advertisements. According to a…

MatchLog Solutions, a sustainable container logistics and supply chain optimization player, today announced the close of $1.5 million in pre-series A funding. The round was led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital,…

Indian tech company Wipro has announced a substantial severance package for its outgoing CEO, Thierry Delaporte, amounting to Rs 92.1 crore (approximately $11 million), following his unexpected early resignation. Delaporte will officially depart from his role on May 31, 2024,…

Good news for Senior Citizens! Ride-hailing platform Rapido will offer free auto and cab rides to differently-abled and senior citizen voters in Bengaluru on polling day, April 26. The initiative is in collaboration with the Election Commission and Bengaluru's civic body,…

Control One AI, an AI-first Robotics Startup, has raised $350,000 in a pre-seed funding round led by a group of prominent investors in the United States and India. Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), and Amit Singh (ex-MD, Avendus Capital), Silicon…

Endimension Technology, an IIT Bombay-incubated healthcare AI startup, has raised Rs 6 Crore in a pre-Series A funding round led by Inflection Point Ventures, a Gurugram-based angel investment firm. The round also saw participation from Sucseed Indovation, SINE IIT Bombay and…

Good news for Senior Citizens! Ride-hailing platform Rapido will offer free auto and cab rides to differently-abled and senior citizen voters in Bengaluru on polling day, April 26. The initiative is in collaboration with the Election Commission and Bengaluru's civic body,…

Lendingkart, an Ahmedabad-based fintech firm, announced on April 24, 2024, that Mukund Barsagade will take over as its Group Chief Financial Officer (CFO). Read the full story here:👇 indianstartupnews.com/news/lendingka…

Perplexity AI, a startup using AI to build a search engine to compete with giant Google, has raised $62.7 million in funding led by Daniel Gross, former head of AI at Y Combinator. Other investors who invested include Stan Druckenmiller, NVIDIA, billionaire Jeff Bezos, Tobi…

Boba Bhai, a quick-service restaurant (QSR) brand specialising in bubble tea and other food items, has raised Rs 12.5 crore in seed funding from investors led by the Snapdeal founders' venture fund, Titan Capital and Global Growth Capital UK. Read the full story here: 👇…