Scaling platform for growth-stage startups xto10x Technologies has raised US$25 million in its Series A financing round led by Flipkart’s co-founder Binny Bansal. The round also saw participation from 28 founders and senior leaders from the startup ecosystem in India and Southeast Asia. xto10x will be using the funding to ramp up its three core […]

South-East Asia’s thriving tech ecosystem has drawn attention from investors around the world. With increasing internet and smartphone penetration, about 400 million internet users, and fundraising unimpeded by the pandemic, the startups are doubling down on the region. The startups in the region raised more than $8.2 billion in the year 2020 which was about […]

Urban Company, formerly known as UrbanClap, joined the Unicorn Club after their last series of fundraising boosted their valuation to $2 Billion. The on-demand home service provider has also seen a significant jump in its revenue during FY2020. Tweets by urbancompany_UC Urban Company- About The Company Founded in 2014 by Abhiraj Bahl, Raghav Chandra and […]

The year 2021 may witness a wave of IPO listings in India of major startups. Several Indian startups like Policybazaar, Flipkart, Zomato, Delhivery, Freshworks, Nykaa, and many others are eyeing public markets in 2021. The IPO market in India has realized the potential of startups that are gathering large market share in various segments and […]

The year 2020 in the Indian startup ecosystem began with over 38,000 startups flourishing rapidly. However, the outbreak of the COVID-19 pandemic jolted the entire startup ecosystem at multiple levels, especially during the lockdown period. With numerous layoffs, many businesses shutting down, and pay cuts, almost 40% of the startups in India were negatively impacted […]

India, the world’s second-most populous country, is making aggressive efforts to contain the spread of the novel coronavirus. With 562 confirmed cases including ten deaths (at the time of writing this article) and counting, Prime Minister, Mr. Narendra Modi, announced the biggest lockdown ever on 24th March 2020 in the fight against COVID-19. For the […]

India, the seventh-largest country by area in the continent is one of the fastest-growing economies in the world. The country offers an incredibly unique environment for startups and entrepreneurship in general. Besides that, India has powerful demographic and economic trends that give a boost not only in the growth of startups but also nation-wide for the […]