Bengaluru-based aerospace startup, Pixxel, raises $5 million for the development and launch of its earth imaging satellites. The startup is working to create a group of satellites to take images of the earth while in space, every 24 hours. “Pixxels satellites will collect information-rich data at a much higher quality than todays satellites that will […]
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Bengaluru-based short video and social media startup, Chingari, raises $1.3 million for its mobile platform. The company’s platform allows users to create and upload content, as well as engage with other users, similar to other social media sites. Creators then receive 30 percent of the revenue made from the platform from companies. “Sumit and team […]
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Hyderabad-based T-Hub launches the fourth round of its startup incubation program, Lab32. Lab32 will be hosted in a hybrid-learning model, making it a digital four-month process due to the Covid-19 pandemic. “The current global crisis has hit the growth trajectory of our startups.” T-Hub’s CEO and Telangana’s Chief Innovation Officer, Ravi Narayan, said, as reported […]
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Small business-focused financial lending startup, Aye Finance, raises Rs 210 crore in new investment round. The Gurugram-based company distributes funding to small businesses based on predictive analytics and other research and statistics-driven methods, rather than traditional reports, which opens up funding opportunities for those smaller companies. The startup has provided around Rs 3000 crore in […]
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By Varun Alagh and Ghazal Alagh The Prime Minister’s clarion call to support local brands has captured the country’s imagination during these challenging times. Whether it’s Fevicol or Asian Paints or Mahindra & Mahindra, local brands have always found a way to retain market share and build brand loyalty. But today, there is a massive […]
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