From Anonymous Chatter to Matrimonial Match: Hood Rebrands as KnotDating, Targeting Professional Romantics.
In a dramatic pivot, Hood, the formerly pseudonymous social networking platform, has unveiled its new identity as KnotDating, an AI-powered matchmaking service aimed at professionals seeking serious relationships. This strategic shift marks a significant departure from its previous focus on anonymous online conversations, signaling a move towards fostering deeper, more meaningful connections. KnotDating distinguishes itself […]
Redcubical Systems: Revolutionizing E-commerce and Beyond
Introduction In an exclusive conversation with Indian Startup Times, Ashish Uniyal, the visionary founder of Redcubical Systems, shared his inspiring entrepreneurial journey, innovative business strategies, and ambitious future plans. From navigating the uncertainties of the pandemic to building a company that is reshaping the e-commerce and software development landscape, Ashish’s story is one of resilience, […]
Jumbotail Acquires Solv India to Build a Multi-Category B2B E-Commerce Powerhouse.
Jumbotail, a leading B2B marketplace for food and grocery, has announced the acquisition of Solv India, an SC Ventures-incubated platform specializing in digital commerce and supply chain finance for MSMEs. The deal positions Jumbotail as a comprehensive multi-category B2B e-commerce platform catering to India’s small retailers (kiranas) and micro, small, and medium enterprise (MSME) entrepreneurs. […]
IFC Backs Alteria Capital’s Shorter Duration Scheme in First SME Credit Investment
Alteria Capital, a leading venture debt firm, has secured the International Finance Corporation (IFC) as an anchor investor for its Shorter Duration Scheme (SDS). This marks IFC’s first-ever investment in the global SME credit segment, a significant milestone for both the investment firm and the broader startup ecosystem. While the exact size of SDS remains […]
NuVentures Launches $75 Million Fund to Back Indian-Linked Startups
NuVentures, the venture capital firm founded by seasoned investor Venk Krishnan in 2015, has announced a new $75 million fund aimed at supporting startups with strong ties to India. Headquartered in the US, the firm is looking to bolster early-stage ventures through strategic funding and mentorship. Krishnan has been an active player in India’s startup […]
OSSO Raises $250K Pre-Seed Funding to Revolutionize Orthopaedic Care
OSSO, a health startup specializing in orthopaedic care, has secured $250,000 in its pre-seed funding round, led by Blume Ventures Founders Fund. The round also saw participation from notable investors, including Sahil Jindal (MD, DS Jindal Group), Akash Gupta (Founder, Zypp Electric), Varun Sheth and Zaheer Adenwala (Founders, Ketto), Brijraj Bhuptani (Founder, SPRY), and Umesh Agarwal (Haldiram’s […]
2am VC Unveils Fund II to Strengthen Early-Stage Investments in India
2am VC, an early-stage India-focused venture capital firm, has officially launched 2am VC Fund II, aimed at investing in startups leveraging the New India opportunity. The fund will focus on high-growth sectors, including consumer tech, fintech, food & beverage, artificial intelligence (AI), and global SaaS. With Fund II, 2am VC plans to invest in up […]
Indian Government to Launch Sahkar Taxi: A Cooperative-Based Alternative to Ola, Uber.
In a bid to offer an alternative to private ride-hailing giants like Ola, Uber, and Rapido, the Indian government has announced the launch of Sahkar Taxi, a cooperative-based taxi service. The initiative, revealed in Parliament on Wednesday, aims to empower drivers by ensuring they receive the full share of profits, unlike the existing aggregator model where […]
Inflection Point Ventures Delivers 14 Successful Exits in 2024, Maintaining Strong Returns for Investors.
Angel investment network Inflection Point Ventures (IPV) has recorded 14 successful exits in 2024, delivering an Internal Rate of Return (IRR) of 36% to its investors. With 47 exits over the past five years from a portfolio of over 200 startups, IPV has outperformed industry standards in exit frequency and investor returns. Among IPV’s major exits this year, Prescinto AI was acquired by IBM, while Parablu was bought […]
MeitY Pushes for Digital Independence with Indian Web Browser; Startup Ajna Named as Second Runner-Up
Union Minister Shri Ashwini Vaishnaw Honors Ajna with ₹50 Lakh as Second Runner-Up in India’s Browser Development Challenge The browser “Bharat Web Navigator” by Ajna is the world’s first and only browser with built-in support for non-custodial Self-Sovereign Identity (SSI), the main feature of their browser, enables users to manage their digital identities securely and […]
