Indian Startups

Zepto said that with its network of �cloud stores' or micro-warehouses, it is able to consistently deliver in 10 minutes through a combination of technical and operational excellence. Aadit Palicha and Vohra, both computer science graduates from Stanford University in the US, have built Zepto this year with backing from institutional investors like Glade Brook Capital, Nexus and Y Combinator, along with individual investors.

The premium office bus service will continue to use the brand name 'Shuttl'. The Shuttl's current team will also continue under their current roles. Chalo recently raised $40 million Series C funding and currently has more than 15,000 buses live on its platform.

With more than 15 million users in India, CoinSwitch Kuber has become a new unicorn, and the most valuable crypto company in the country valued at $1.9 billion. Started in 2017 by Singhal, Govind Soni and Vimal Sagar, CoinSwitch launched its India operations in June 2020.

The proposal was made by Minister of State for Commerce and Industry Anupriya Patel, in her intervention, at the 20th meeting of the SCO Ministers. Stressing on the need for effective cooperation between the member states for a balanced and equitable growth in trade and commerce, Patel proposed the creation of a new Special Working Group Start-ups and Innovation

BetterPlace recently raised $24 million in Series C funding from multiple investors, like CX Partners, Jungle Ventures, CDC Group, Capria Ventures and 3One4 Capital, among others. "We are thrilled to welcome Oust as part of the BetterPlace family and help organisations and employees achieve efficiency and excellence. We will make it available to 1,000+ of our enterprise customers and their massive distributed workforce," said Pravin Agarwala, CEO, Co-Founder, BetterPlace.

The startup said the new funds will help it invest into expanding its hospital, diagnostics and e-pharmacy network across the country and building tech-driven care delivery products for both acute and chronic conditions patients.

Besides this, 19 startups from the Kerala Startup Mission will also participate in the event. A majority of the IT companies are from the Technopark in Thiruvananthapuram, while the rest are from the IT parks in Kochi and Kozhikode. Kerala IT Parks CEO John M. Thomas said that the state will organise a special business-to-business meet for expatriate industrialists and entrepreneurs to explore global market opportunities.

Bouncing back from the Covid slump, the Indian economy has started growing at a brisk pace once again. India’s GDP grew at 20.1% in the quarter ending June 2021. Flipkart co-founder Sachin Bansal's Navi Group -- a financial service company -- found a place at 11 in the list.

All of them have Indian founders who started off in India. A significant number have operations and their primary market in India. Nearly all have developed their IP using Indian resources in India (human, capital assets, government support etc.). Experts say flipping results in materially adverse impact on national economic interest as the nation loses out on significant tax revenues while ownership of critical data.

The startups are recognised by Department for Promotion of Industry and Internal Trade (DPIIT) and as of July 14, more than 5.7 lakh jobs have been reported by more than 50,000 startups, Minister of State for Commerce and Industry, Som Parkash, told the Lok Sabha in a written reply.