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Band of angel investors in Indian startup ecosystem grows and with it, angel investments hit new record The pool of angel investors in the Indian startup ecosystem is only getting bigger, backed by their strong belief in startups as an important asset class due to the rising innovation quotient. 0 claps Share on For long, angel investments in the Indian startup ecosystem have largely been driven by the bets made by successful entrepreneurs and tech executives, as startups were viewed by many potential investors as a risky asset class. Today, that’s changing and leading to a spurt in angel ...

[Weekly funding roundup] Venture investments begin on a tepid note for month of March Venture funding for first week of March was little under $50 million with lower number of deals, but debt financing was higher at $55 million 0 claps Share on The first week of March has not begun on a positive note for the Indian startup ecosystem with decline in venture funding when compared to the last week of February. The week saw total venture funding of $49 million spread across 14 deals. This compared poorly with the last week of February, where the amount had touched $403 million. Although, the posi...

ETtech Morning Dispatch on March 3, 2021: All aboard the tech IPO train! Want this newsletter delievered to your inbox? SUBSCRIBE We'll soon meet in your inbox. / Morning Dispatch Hi everyone, Samidha here. This year has been different for me as a reporter-editor who covers the technology and startup sector. In my many years, almost a decade now, of being on the inside track of this industry, I have always asked why startups (especially ones that have scooped up billions of dollars in investor capital) do not go public in India. Isn't that the holy grail for all venture-funded companies? I w...

The ePlane Company closes $1 million seed round March 03, 2021 Investment is led by deep-tech venture capitalist Speciale Invest, Indian-American entrepreneur and investor Naval Ravikant IIT Madras incubated start-up, The ePlane Company, that is betting on eradicating traffic by building electric planes for short range intra-city commute, has received around $1million in seed-funding. The investment is led by deep-tech venture capitalist Speciale Invest, Indian-American entrepreneur and investor Naval Ravikant, and has participation from Java Capital, FirstCheque.vc, and IIM Ahmedabad’s ...

How HackerEarth co-founder’s 7-month-old coding startup made it to Y Combinator’s Winter Batch ’21 Codingal, a live coding and STEM learning startup from Bengaluru, has been selected for Y Combinator’s Winter Batch ’21, after raising undisclosed funds from the Silicon Valley-based tech accelerator. 0 claps As the Co-founder and CTO of HackerEarth since 2012, the IIT Roorkee alumnus built and nurtured a four million-strong community of developers and programmers from all over the world, and even assisted enterprises with their technical hiring needs.  But 2019 onwards, Vivek wa...