Indian Startup Funding and Acquisitions News [02 – 07 Sep]
During the week, 26 Indian startups raised around $421.29 million in funding. These deals count 4 growth-stage deals and 16 early-stage deals while 6 startups kept their transaction details undisclosed.
Highlights:-
🚀26 startups
💰$420 Mn+ total funding
🌱22 early stage deals
🧑💻 5 key hirings
🤝 2 M&A
🚶2 layoffs (70 employees)
New Post has been published on https://petn.ws/ceOLe
9 TIPS FOR MAKING YOUR CAT HAPPY
There are 11 million cats in the UK, so it’s fair to say we are a nation of cat lovers. Felines provide companionship, fun and affection. Plus, they’re low maintenance in comparison to their canine counterparts. Don’t let their independence and low maintenance ways fool you. Like us, cats have emotions, which if not met […]
See full article at https://petn.ws/ceOLe
#CatGuides #8220Happy8221, #Advice, #Cat, #CatFood, #CatLitter, #Cats, #For, #Guides, #Kitten, #Making, #News, #Pointers, #StartupNews, #Tippapaws, #Tips, #Your
Vizag Tech Summit 2023 Investor Road Show in Orrisa a Big Hit
Vizag Tech Summit 2023 Investor Road Show in Orrisa a Big Hit @Vizagtechsummit draws Rs 1000 Cr investments, focus on investments and tech innovation knowledge sharing #VizagTechSummit2023 #TechSummit
Bhubaneswar hosted the Vizag Tech Summit 2023 investor-industry road show on December 1-3 drew a good gathering of investors. The team lead by Dr. Srinibabu Gedela, CEO of Pulsus in this meeting highlighted the importance of technology applications in various industry.
The road show brought together some of the top minds in the industry, discussing a range of topics and providing attendees with…
Aasaan Will: Making Succession Plan And Will Writing Easier
“I was amazed to know that the total unclaimed amount lying with RBI is Rs. 48,262.85 Crores (~5.87Billion USD). This is called the DEAF fund – The Depositors Education and Awareness Fund, maintained and managed by the RBI. ” Said Mr Vishnu Chundi
Vishnu Chundi graduated from BITS Pilani with a degree in engineering and began working for Bain and Company. He has done MBA from the London Business School and his Masters in Nanotechnology after which a family crisis made him go ahead withAasaan Will
. When his family suffered an unexpected loss, He wished AasaanWill was around at that time. When his uncle passed away, both his immediate family and the rest of his extended family had a difficult time locating his assets and making sure they were transferred to the right people.The Company Overview And Functioning
Launched in March 2022, Aasaan Will
assist Indians in creating their estate plans and wills. Writing a current will is an expensive, challenging, time-consuming, and offline process.AasaanWill provides 100% legally valid wills within 20 minutes from the convenience of your home for a small fraction of the cost of an attorney. Techstars and a number of great angels from Europe, North America, and India are supporting the company.
For the purpose of assisting financial institutions in better retaining their current clientele and attracting new ones, Their goal is to safeguard your assets both today and in the future. They currently have roughly 10 lawyers spread out over India in different cities, making up a rather small team. They have more than 50 years of combined experience, and the founder, Vishnu, is based in Hyderabad with a small operational and administrative team to support the organization’s efficient functioning.
If you have a will in place, your family, friends, or relatives will be able to carry out your final intentions far more quickly and easily. Without a will, the procedure might take longer, be more stressful, and give rise to more disagreements because there wouldn’t be as much clarity. Without going through a court process, your executor(s) will be able to nearly immediately seize the assets. The amount of inheritance tax owed on the value of the assets and money you leave behind might be decreased with the use of a will. Your tax savings will grow as a result.
“Under this bill, when an item is broken, it could be a cellphone like this, a dishwasher, a washing machine, or a laptop, Coloradans will have the information they need to repair their own equipment or use the repair provider of their own choice,”
This builds on Colorado’s right-to-repair laws that were already introduced for agricultural equipment and powered wheelchairs, extending similar protections to almost any consumer electronic device with a chip.
Like Oregon’s right-to-repair law, Colorado’s HB24-1121 explicitly prohibits electronics manufacturers from using “parts pairing” to prevent replacement components from working unless approved by company software.
Device manufacturers have until January 1st, 2026, to comply
Unicommerce, an e-commerce SaaS platform, reported a 3% increase in revenue and a 22% rise in profit for Q1 FY25 compared to Q1 FY24. Revenue from operations grew to Rs 27.4 crore, while profit reached Rs 3.5 crore. This growth was supported by controlled expenditure, with the firm spending Rs 24.2 crore on employee benefits, server hosting, and other overheads. Unicommerce operates in multiple countries, including India, Indonesia, and UAE, offering integrated e-commerce enablement solutions. The company's IPO, launched in August 2024, was oversubscribed by 168 times, with shares currently trading at Rs 221.97, giving it a market capitalization of Rs 2,273 crore (around $274 million).
If you want to get complete information related to this topic click HERE.
On a weekly basis, startup funding surged 170% to $906.7 million as compared to around $336.45 million raised during the previous week.
The average funding in the last eight weeks stands at around $421 million with 29 deals per week. Visit - TheKredible to get all the latest week-on-week startup funding news.
Aehra Sedan Concept, 2026. The Italian-American startup has revealed their second prototype, an electric saloon designed by former Lamborghini design head Filippo Perini. It is scheduled to begin deliveries, along with its SUV sibling, in 2026