Honda
Growth in New Business Registrations for 2024-25
This uptick in new business formations for the fiscal year 2024-25 follows a notable 15% increase in company registrations during 2023-24, compared to 159,000 in 2022-23. This ongoing rise signals a positive shift in the country's business environment, according to a senior official.
Indian Startups Secure Over $1 Billion in Funding for July, Report Reveals
According to a report by Entrackr, for the month of July, Indian startups closed 126 funding deals worth $1.03 billion. Of this, 28 were growth or late-stage investments of $725 million, whereas 72 were early-stage investments pegged at $311 million. The details of 26 such early-stage deals were not disclosed.
MSME Employment Surges: Exceeds 20.2 Crore, Up by 66% from Previous Year
As of now, 46.8 million MSMEs are registered under Udyam. Out of these, 46 million are micro-enterprises, which are really contributing to the bulk of employment. A micro-enterprise shall be an enterprise in which the investment in plant and machinery or equipment does not exceed one crore rupees, and the turnover does at all not exceed five crore rupees.
Indian Tech Startups Secure $4.1 Billion in First Half of 2024, Maintain Fourth-Highest Global Funding Position
Globally, India is the fourth highest in terms of tech startup funding. The United States tops the list, followed by the United Kingdom and China, as per data from Tracxn, a premier market intelligence platform.
India's Deeptech Startups Total 3,600, Securing 6th Place Globally, Says NASSCOM
According to joint findings by the Nasscom and Zinnov, over 480 of such startups have been set up in just the last year alone, compared to the preceding year of 2022, rising two times higher.
Unlocking Entrepreneurial Success: Narayana Murthy's Insights on Speed and Competitive Edge
According to Murthy, anyone can embody the entrepreneurial spirit by fostering a mindset geared towards efficiency and innovation. He emphasized the significance of continuously striving to enhance processes, reduce costs, and deliver superior outcomes. Murthy's message resonated with the audience as he underscored that in essence, we all possess the potential to be entrepreneurs.
Kiwi, Fintech Startup, Secures $13 Million Funding Round Led by Omidyar Network India
Established in November 2022, Kiwi highlighted that this infusion of funds will serve as a catalyst for further amplifying its 'credit cards on UPI' offerings within India's financial landscape.
CEA Nageswaran Highlights Startups Vital Role in India's Ascent to Third-Largest Economy
Speaking at the Huddle Global 2023 event hosted by the Kerala Startup Mission (KSUM), Nageswaran emphasized the emergence of Tier-2 and Tier-3 cities, including Thiruvananthapuram, as burgeoning hubs for startups.
Rocket startup Agnikul raises Rs 200 Cr capital
According to Agnikul Cosmos, the latest round saw participation from venture capital investors such as Celesta Capital, Rocketship.vc, Artha Venture Fund and Artha Select Fund, Mayfield India, along with participation from existing investors pi Ventures, Speciale Invest, Mayfield India and others.
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