Startup – storyboard18

Top startups raise big bucks in 2024: From Zepto to Meesho, new-age firms see rise in funding

Indian startups raise $16.77 billion in VC funding in 2024. (Photo source: Unsplash)

Zepto was the funding leader in 2024, raising more than $1 billion in three rounds by institutional investors such as avra, Glade Brook Capital, General Catalyst, Epiq Capital Advisors, according Tracxn data.

Talent drain hits India’s unicorn startups, attrition rate reaches 4.5%: Report

Between January and August 2024, a total of 253,516 employees departed from unicorn startups. (Image: Unsplash)

More than 39,000 employees left unicorn companies in September 2023, the highest between August 2023 and 2024. This could be a result of layoffs or employees quitting their jobs.

Spring Capital invests in Agilitas, will help develop brand and launch strategies

In April of this year, Agilitas Sports acquired the India license for the Italian shoe brand Lotto for 40 years, at an undisclosed price.

In December 2023, Agilitas Sports received Rs 100 crore in funding from Nexus Venture Partners, a venture capital firm that partners with entrepreneurs building product-focused companies in India and the US.

Bengaluru intern quits after securing funding for his own AI startup

The incident was shared by Karthik Sridharan, CEO of Flexiple, on the social media platform X. (Image source: X)

An unexpected career twist for a Bengaluru intern goes viral as he informs his CEO he’s leaving – the reason: his own startup’s success.

Sachin Tendulkar to launch sports athleisure brand in India

Filings show Tendulkar and Whiteboard Capital are currently on the board of directors of the holding firm named SRT10 Athleisure Pvt Ltd.

Nearly 80% of Indian startups investing in AI, other advanced technologies: Report

Almost 80% of the startups believe that adopting enterprise applications integrated with new-age technologies such as AI is essential for scaling and improving unit economics

Sports For All appoints Kumar Darpan as its first Chief Revenue Officer

Darpan will be the first CRO of the SFA

Kumar Darpan has nearly two decades of expertise in media and entertainment across diverse regions specialising in monetising TV and OTT platforms

Deepika Padukone’s 82°E plans to raise Rs 50 crore: Report

Deepika Padukone's self-care startup 82°E is planning to raise Rs 50 crore for expansion, growth, and corporate purposes.

82°E board had passed a resolution to issue 50 lakh series seed 2 CCPS at an issue price of Rs 100 each to raise Rs 50 crore

MoS IT Rajeev Chandrasekhar addresses startups’ concerns over Google’s billing policy, assures long-term solution

In India, Google allows app developers to sell in-app content only on the pre-condition that its own payment system, GPBS, is integrated as a payment option within their apps.(Image source: News18)

On March 1, Google said it would start removing 10 Indian app developers from its Play Store in India if developers do not adhere to the platform’s billing policies.