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Quick service restaurant chain Wow! Momo has recently raised funding (Startup Funding) of 49 million dollars i.e. about Rs 410 crore. The funding has been raised under the Series D round, led by Malaysia s sovereign wealth fund Khazanah Nasional Berhad and OAKS Asset Management.

India is an innovative country; we have a large number of entrepreneurs, especially in the tech industry. If you look at the government s approach, it wants to set up Centres of Excellence (CoE) that will partner with startups. MeitY has come up with a proposal around how to fund these startups and funding upscaling, said Banerjee.

Tamil Nadu has emerged as a best performer state for the year 2022 in Startup India s rankings announced on Tuesday from occupying the bottom rung in 2018 and 2019, categorised as an emerging startup ecosystem, the state was adjudged a leader in 2021, and based on developments in 2022, it has reached the topmost level as best performer

Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Shri Piyush Goyal said that startups are playing a pivotal role in India s journey towards becoming a developed nation by 2047. While addressing the Startup Awards & State Ranking Awards function in New Delhi on Tuesday, the Minister commended the significant progress made in the startup sector over the last eight years, stating that what was once a novelty has now become an integral part of the national mainstream.

According to the DPIIT release, Avinya Infinity Solutions Private Limited, Palakkad won National Startup Award (2023) under category the NextGen Innovator category . Himachal Pradesh emerged as the Best Performer in category B (including States and UTs with a population of less than 1 crore).

Senior Digital Content Producer Saurabh Dixit is Senior Digital Content Producer at NavbharatTimes.com. He contributes to the business section here. He has more than 10 years of experience in journalism. He started journalism in 2016 from Hindustan. Initially worked on reporting in Noida and Ghaziabad.

Piyush Goyal to meet 40 unicorn startups on January 17 Commerce and Industry Minister Piyush Goyal will hold discussions with senior representatives of 40 unicorn startups like Lenskart, Zerodha, and Boat today, an official said. Issues which will figure in the deliberations include ways to further promote sustainable growth of the sector, risks, domestic capital mobilisation and position India on the global startup landscape, the official said.

Gujarat, Karnataka, Kerala and Tamil Nadu were ranked as the best performing states in India at the Startup Awards ceremony held in Delhi on the occasion of National Startup Day. Addressing the Startup Awards and State Ranking Awards ceremony, Commerce and Industry Minister Piyush Goyal said that startups are playing an important role in India s journey towards becoming a developed nation by 2047.

Odisha has emerged as a top performer in Startup Ranking2022, showing significant growth in the startup ecosystem and initiatives to nurture entrepreneurs. The ranking was announced by the Ministry of Commerce and Industry at New Delhi on Tuesday.

In 2024, the entrepreneurial landscape in India is buzzing with excitement as the nation celebrates National Startup Day, a dedicated occasion to applaud the achievements and potential of the thriving startup sector. This year’s theme, celebrating 8 Years of Innovation, reflects the remarkable journey of India s startup ecosystem, which has evolved into the third largest globally.

As serious as the whole space junk problem is, this Japanese startup has come up with a very fun way of dealing with it! Space Invaders, the 1978 shoot em up arcade video game developed and released by Taito in Japan, went on to become the highest grossing video game of all time. The game s template was simple: a fixed shooter would use a laser cannon to fire at aliens overhead.

Gujarat again emerged as the top performer in the States Startup Ranking 2022: National Report by Department of Promotion of Industry and Internal Trade (DPIIT) of the ministry of commerce and industry The report was launched by commerce minister Piyush Goyal on Tuesday in New Delhi

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ZestMoney raised around $125 million in its lifetime which also included a significant debt component. It closed its Series C round worth $58 million in September 2021 but stringent regulation on BNPL startups coupled with a challenging funding environment led ZestMoney to go for complete shutdown.