This yr, the Indian fintech startups roped in practically $1.7 billion in funding within the first six months of 2020, doubling from final yr’s $726.6 million, regardless of a worldwide pandemic, a KPMG report confirmed. In reality, Indian startups noticed VC financing at a time when world fintechs noticed a stark slowdown, falling virtually to 2017 ranges.
For edtech startup Unacademy — whose “audacious aim” is to construct a Netflix for training — the yr 2020 had some optimistic information. Not solely did it enter the unicorn membership in September, however touched $2 billion in valuation earlier this week.
Every little thing is honest in love and warfare. And, the story of Jaspreet Singh, Founder and CEO of Druva, would offer you some insights into the aggressive world of the startup ecosystem. The Pune and California-based SaaS startup is among the many few non-public corporations to generate $100 million in annual recurring income (ARR).
Keep tuned as we convey you extra prime tales.
A Swadeshi social community
Tooter, a Made in India social community that appears identical to Twitter, has bought folks speaking. It has been constructed by a Telangana-based agency.
Making small companies financially inclusive
Chqbook’s all-in-one monetary providers platform gives bespoke options and makes day by day ops simpler for small enterprise homeowners.
Tracing WhiteHat Jr’s journey
Karan Bajaj, Founder and CEO of WhiteHat Jr.
WhiteHat Jr grew to become well-liked after BYJU’S acquired it for $300 million. Nevertheless, it has been tormented by worrying allegations.
Cost your EVs at kiranas with Charzer
Began in 2020, Charzer is a brilliant, compact IoT-powered station, and a cellular app, that gives quick access to charging amenities.
‘Groww’ your mutual funds, stocks, gold
Neeraj, CTO, Groww
Groww is backed by marquee traders, together with Y Combinator, Sequoia Capital, Curefit Co-founder Mukesh Bansal, and others.
The way forward for luxurious auto sector
Mercedes-Benz India MD Martin Schwenk talks about how the luxurious automotive market is getting back from the pandemic, and extra.
Podcasts hosted by ladies you must hearken to
Tune in to those podcasts hosted by ladies on numerous matters like physique positivity, patriarchy, and on a regular basis life experiences.
How Mad Over Donuts stays related
Tarak Bhattacharya, CEO, Mad Over Donuts
Began in 2008, Mad Over Donuts (MOD) has stayed related regardless of worldwide competitors and doughnuts not being well-liked.
Quote of the day:
“You have to be in the market every day, you need to fight every day, and you need to win every day. The vision and courage of leaders shows up in times of crisis.”
– Manoj Kohli, Nation Head, Softbank India
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