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This round aids Skyroot to build critical infrastructure early on and helps accelerate towards their launch of 'Vikram 1' in 2022. This fresh investment round brought up the total capital raised by the startup to around $17 million, which was the largest raised by an Indian space start-up as of January 2022. [20]
The number of newly founded startups has increased from 733 in 2016–17 to over 14000 in 2021–22, making India the third largest startup ecosystem in the world after the US and China. [3] Among them, around 6600 startups have been in the FinTech industry, evaluating a market value of US$31 billion in 2021. [4]
The department has created an online portal called the India Investment Grid (IIG), an interactive investment portal providing details of sectors, states and projects in which domestic and foreign investors may sink in capital. [3] in association with Invest India, [4] India's national investment and facilitation agency. The initiative not only ...
T-Hub (Technology Hub) is an innovation intermediary and business incubator based in Raidurg, Hyderabad, Telangana, India. [1] Based on the triple helix model of innovation, it is a partnership between the Government of Telangana, three academic institutes in Hyderabad (the International Institute of Information Technology, the Indian School of Business and the National Academy of Legal ...
The easiest way for a non-accredited investor to invest in a startup company is to do so through an equity crowdfunding platform. These platforms help fund companies by pooling investments from a ...
The company announced a Series B extension funding of $24 million from M&G Catalyst and Glade Brook Capital Partners, bringing the total Series B funding to $60 Million. This funding puts Pixxel as one of the highest-funded space-tech startups in India and the highest-funded hyperspectral imaging company globally.
logo Fintech valley Vizag. In September 2016, Chief Minister Naidu declared the Fintech Valley Project through a document titled 'Sunrise Andhra Pradesh Vision 2029' stating its objectives and the proposed state growth achievable by 2029 [4] and focusing on Fintech Valley will be developed as an innovation valley, and as one of the best financial centers in the world.
Dreamplug Technologies Pvt. Ltd. d/b/a CRED is an Indian fintech company, based in Bangalore. [2] [3] [4] Founded in 2018 by Kunal Shah, [5] [6] it is a reward-based credit card payments app. [7] CRED also allows users to make house rent payments [8] and provides short-term credit lines.