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Savvy founders don’t just focus on iterating their own products – they look to other industries and niches for inspiration and opportunity as well. To find out which industries tech founders should look to next, I asked a panel of 13 founders the following: What is one industry (or niche) tech founders should be exploring now, and why?
Nearly all post-harvest interventions that exist in India today are focused largely toward major agriculture centres such as Kota in the northern Indian state of Rajasthan and Azadpur Mandi in capital New Delhi, explained Prasanna Rao, co-founder and chief executive of Arya, in an interview with TechCrunch.
DeHaat, an online platform that offers full-stack agricultural services to farmers in India , has raised $115 million in what is the largest funding round for an agritech startup in India, where farm produce yields two-thirds of the country’s $1 trillion in annual retail spending. DeHaat has grown 5x in the past seven months, he said.
The new investment, especially from high-profile global investors, shows the appetite many have for the buy now, pay later space, a category that has made deep inroads globally in recent years, and their bullishness on young firms in India. Is India’s BNPL 2.0 set to disrupt B2B?
UrbanPiper, a restaurant management platform that processes 18% of all online food orders in India, has raised $24 million in a new financing round from a number of investors including Swiggy and Zomato, the three firms said Monday. UrbanPiper has also expanded to seven nations outside of India, including some in MENA and EU regions.
The Open Network for Digital Commerce, an Indian government-backed initiative that is attempting to “democratize” e-commerce , has set its eyes on another industry it would like to disrupt. India government-backed open e-commerce network expands to mobility by Manish Singh originally published on TechCrunch
A startup that is improving the way construction and real estate companies in India procure materials and handle logistics for their projects has received the backing of three new investors. We don’t own the asset and are creating private label brands,” he said in an interview with TechCrunch.
Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the most successful hardware startup story in the world’s second-largest internet market. There aren’t many hardware startups in India. More to follow…
Prismforce, an India-U.S. million in a Series A round led by Sequoia Capital India. But finding those employees from the ever-growing talent market and deploying them effectively to get adequate results is one of the most significant pain points for the industry worldwide. domiciled companies. and Europe.
On a clear afternoon, Laxmi (name changed) was sitting in her office in Gujarat, India, when she received a message from her distant relative, saying that they received some of her “morphed” nude photos from multiple phone numbers on WhatsApp along with a text that reads, “loan thief.”
Jio Platforms, the biggest telecom operator in India and which has raised over $20 billion from Facebook, Google and other high-profile investors this year, is leading a financing round of a San Francisco-based startup that develops augmented reality mobile games. billion in India’s Reliance Jio Platforms. Google invests $4.5
For most people in India, having to engage with banks doesn’t instill a sense of joy. If you really want to change the banking industry, you cannot operate from the side. It’s a very time-consuming process and requires a lot of initial capital and experience with banks,” he told TechCrunch in an interview. Image: BofA.
Once overlooked, agritech startups are beginning to have a moment in India. RTP Global and existing investors Sequoia Capital India, FMO, Omnivore and AgFunder also participated, bringing the startup’s to-date raise to over $46 million. Agritech startup DeHaat raises $12M to reach more farmers in India.
A startup by an Apple alum that has become home to millions of low-skilled workers in India said on Tuesday it has raised an additional $12.5 One-year-old Apna said Sequoia Capital India and Greenoaks Capital led the $12.5 Existing investors Lightspeed India and Rocketship VC also participated in the round. “The
Gogoro is branching out of home country Taiwan in the biggest way yet, as it just announced a partnership with major two-wheeler manufacturer Hero MotorCorp to bring its swappable battery and scooter tech to India. In comparison, they’re practically absent in India. Partnering with Hero is a way to quickly change that.
The title, PUBG Mobile, amassed over 50 million monthly active users in India, becoming the most popular mobile game in the country, until it landed on the list of apps New Delhi ordered to block over national security concerns. Krafton’s investments in India so far. Krafton’s India team (Image credits: Krafton India).
Cashfree has been profitable for the past three years, Sinha, who serves as the startup’s chief executive, told TechCrunch in an interview. India’s Razorpay becomes unicorn after new $100 million funding round. Based on its offerings, Cashfree today competes with scores of startups , but it has an edge — if not many.
Industry veteran Jitendra Gupta’s neobank for consumers in India — Jupiter — has raised $45 million in a new financing round as the Bangalore and Mumbai-based startup gears up for its platform’s public launch in about a month. Jupiter has built a neobank for consumers in India. Image Credits: Jupiter.
India’s path to SaaS leadership is clear, but challenges remain. By 2030, India’s SaaS industry is estimated to comprise 4%-6% of the global market and generate between $50 billion and $70 billion in yearly revenue, according to a SaaSBOOMi/McKinsey report. Image Credits: Thitima Thongkham / Getty Images.
You get the order, you find manufacturers and workshops that make them,” explained Amrit Acharya, co-founder and chief executive of Zetwerk, in an interview with TechCrunch. The opportunity in India itself is gigantic. According to industry reports, manufacturing today accounts for 14% of India’s GDP.
The firm is one of the earliest startups in India that has demonstrated success with blending content and commerce to drive sales. POPxo’s userbase, in the meantime, has ballooned to 88 million users, up from 60 million in July, said Gill in an interview. In the offline space, we have 30,000 retail touch points of sale.
India’s Zetwerk raises $120 million to scale its B2B marketplace for manufacturing parts. You get the order, you find manufacturers and workshops that make them,” explained Amrit Acharya, co-founder and chief executive of Zetwerk, in an interview with TechCrunch earlier this year. The new investment values Zetwerk at $1.33
The result is an electric cargo three-wheeler called HiLoad EV that features several industry record-breaking features including a payload capacity of 688 kg (1516 pound). It takes about 10 years to make a dent into anything in India,” he said in an interview. It is powered by a 12.4
Indian electric mobility startup Magenta Mobility has closed a $22 million Series A1 round, backed by $11 million each from Morgan Stanley India Infrastructure and BP Ventures. First mover advantage India has become a fast-growing EV market, with 2.64 First mover advantage India has become a fast-growing EV market, with 2.64
CRED, founded by Kunal Shah, has become one of the most talked-about startups in India, in part because of the pace at which its valuation has soared. Sequoia Capital India didn’t immediately respond to a request for comment. Credit card in India remains an aspirational product. Overtime, the form-factor may evolve (i.e.
Industry veteran Jitendra Gupta’s consumer-focused neobank Jupiter has raised about $86 million in a new financing round as the Bangalore-based startup gears up to offer its customers lending and wealth management services. Launched in beta in June this year, Jupiter has established itself as a market-leading “100% digital bank” in India.
India’s Niyo has raised $100 million in a new financing round as the consumer-facing neobank platform looks to add lending and insurance to its offerings and make deeper inroads in the world’s second largest internet market. Accel and Lightrock India co-led the Bengaluru-headquartered startup’s Series C financing round.
Zenoti, a 10-year-old startup that develops services for the spa and salon industry , is the latest entrant to the coveted unicorn list. Zenoti , which started its journey in India, has built a cloud management solution for health and wellness industries. The startup has raised about $251 million to date. Zenoti did just that.
Launched in 2019, Finin is among the first consumer-focused neobanking startups in India. The startup, which had raised about $1 million from Unicorn India Ventures and others, will see key executives, including the founder and chief executive Suman Gandham, move to Open. Finin complements our offerings to banks.
Facebook moderators located in India were pressured by their employer, third-party contracting firm Genpact, to return to the office despite safety concerns over the COVID-19 pandemic, according to a new report from nonprofit publication Rest of World.
The amount of the investment is not being disclosed, but Aldagram said it will use the funds to sharpen its focus on India, Thailand, the Philippines, Malaysia and other countries in the region. It has been partnering with Aldagram since 2022. More than 10,000 corporates in over 10 countries, including the U.K.,
Two-wheelers have long been a cornerstone of life in India — their smaller size and affordability make these traditionally gas and diesel-powered vehicles a go-to means of navigating the traffic-jammed streets of the country’s most populous cities. River’s launch comes at a fruitful yet fiercely competitive moment in India.
DeHaat, a startup that offers a wide-range of agricultural services to farmers in India , has raised $60 million in a new funding round as it looks to deepen its penetration in the country and reach break-even profitability within two years. DeHaat uses artificial intelligence to help 1.5
India’s Decentro , the Y Combinator-backed startup that helps companies enter the fintech market by deploying its APIs, has raised $4.7 That’s essentially the problem we are solving,” said Rohit Taneja, co-founder and CEO, Decentro, in an interview with TechCrunch. million in a Series A round. It’s not so great.
That paying subscriber figure should more than double this year, said Vamsi Krishna, co-founder and chief executive of Vedantu, in an interview with TechCrunch. India is home to the largest school-age population in the world (over 250 million individuals). Krishna said Vedantu has not raised so much money because it doesn’t need it.
There are thousands of management colleges and institutions in India, but other than those at the top of the charts, most are unable to attract enough students. Sunstone founders said Friday WestBridge Capital led the startup’s Series C financing round. “The colleges are operating at 40% occupancy. “Take MBA, for example.
.” Our staff continues to file their end-of-year stories: We ran a post this morning by Manish Singh that studies India’s massive total addressable market for retail. From India’s richest man to Amazon and 100s of startups: The great rush to win neighborhood stores. “Do the price gains make sense in the short term?
In India’s competitive workspace interior market, traditional providers have long dominated the landscape, often requiring substantial investment of time and resources for clients to achieve their desired results. OfficeBanao is taking a stab at it through a tech suite that elevates the industry standard, the startup says.
It has become one of the largest eyewear players in India by undercutting the competition, offering premium glasses at affordable prices. Lenskart has been able to keep the prices low because it’s bringing more efficiency into the eyewear sector, Peyush Bansal, co-founder and chief executive of Lenskart, told TechCrunch in an interview.
. “We ensure the right pricing for every influencer, and as a platform, we ensure that as a brand, you get the best match and the best price for every creator that you work with,” said Apaksh Gupta, co-founder and CEO, One Impression, in an interview with TechCrunch.
Sequoia Capital India led the San Francisco-headquartered startup’s Series B funding, which included some secondary shares purchase, the two said. billion funds earlier this year for India and Southeast Asia , has invested $19.3 About 80% of the startup’s current workforce is in India, with rest spread over the U.S.,
“What is interesting about this round is the quality of investors who’re coming in and the kind of strong confidence they have shown on the market,” said Sumit Gupta, co-founder and chief executive of CoinDCX, in an interview with TechCrunch. “It It gives a good boost to the overall industry.”.
BlackBuck, one of the handful of startups that is digitizing the freight and logistics across India, has just attained unicorn status after securing new funds. billion (up from about $850 million in 2019 Series D round ), BlackBuck chief executive Rajesh Yabaji told TechCrunch in an interview earlier this week.
The six-year-old startup’s product, which began its journey in India, is today used by more than 17 million developers and over 500,000 organizations, including Microsoft, Salesforce, Stripe, Shopify, Cisco and PayPal. Every company in every industry in the world today uses APIs and needs an API platform. Image Credits: Postman.
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