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News on Medial
From Phool to ZunRoof: 5 unconventional startups making waves in India
YourStory
·
2y ago
Medial
The rise of outsiders in the Indian startup ecosystem is a testament to the power of unconventional thinking and innovative ideas. These ventures are rewriting the rules of business and challenging the status quo. Read the article on the source link below to know more-
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Related News
Zunroof spent Rs 60 Cr to make Rs 30 Cr in FY23
Entrackr
·
1y ago
Medial
Rooftop solar startups faced a slowdown in funding after a flurry of activity in 2016-19. ZunRoof, a six-year-old player in this sector, saw its revenue dip by 36% in FY22. However, in FY23, its revenue from operations increased by 15.5% to Rs 29.85 crore. ZunRoof focuses on rooftop solar solutions, leveraging AI for efficiency and diversifying into 'smart home' products. Despite investments, its losses grew by 10.2% to Rs 29.48 crore in FY23, impacted by high costs. ZunRoof competes in a market estimated to have a 200 GW potential for rooftop solar in India.
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53 Cleantech Startups Working Towards Making India’s Future Cleaner & Greener
Inc42
·
1y ago
Medial
Indian cleantech startups are leading the way in developing innovative solutions to address environmental challenges. From startups focusing on renewable energy generation to those working on waste management and air and water purification, these companies are making significant contributions towards India's clean energy goals. Some notable startups in the space include 75F, which offers smart building solutions for energy efficiency, Ace Green Recycling, a battery recycling startup, and AirOk, which has developed a patented air filter for air purification. Other startups like CleanMax Enviro Energy Solutions, Chakr Innovation, and Proklean are also making waves in their respective fields. Overall, the Indian cleantech startup ecosystem is vibrant and diverse, with a wide range of innovative solutions to address environmental challenges.
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Swaayatt Robots: Why Everyone’s Watching This Autonomous Vehicle Startup
Inc42
·
1y ago
Medial
Bhopal-based startup Swaayatt Robots has been making waves in the autonomous driving space in India. The company, founded by Sanjeev Sharma in 2015, claims to have developed Level 5 autonomous vehicle (AV) technology, which allows vehicles to operate without human intervention. Swaayatt has conducted over 80 demonstrations of its technology on Indian roads, showcasing its capabilities in challenging conditions. The company aims to revolutionize the Indian AV market, which is predicted to be worth $300 billion to $400 billion by 2035. Swaayatt is currently in talks for a $10 million Pre-Series A funding round and plans to launch its first product by the end of 2025.
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Peyush Bansal to invest Rs 2.5Cr in WeHear; Anupam Mittal says 'Aap bohot tigdambaaz ho'
IndianStartupNews
·
1y ago
Medial
In a recent episode of Shark Tank India, entrepreneurs Kanishka Patel and Raj Shah pitched their affordable hearing aid technology called WeHear. The sharks expressed initial interest but raised concerns about the company's valuation and unconventional funding. Despite the skepticism, Peyush Bansal of Lenskart offered Rs 2.5 crore for a 2.5% equity stake. Kanishka and Raj agreed, emphasizing their commitment to delivering good returns and making India a focal point for their business.
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30 Startups To Watch: Startups That Caught Our Eyes In April 2024
Inc42
·
1y ago
Medial
Indian founders are known for their focus on creating value rather than raising funds. The Indian startup ecosystem has seen a surge in early-stage cleantech ventures, reflecting a commitment to environmental stewardship. Other sectors such as D2C, agritech, and AI are also contributing to the disruption in the ecosystem. Despite challenges such as regulatory hurdles and funding declines, the innovative spirit of Indian startups remains strong. This list highlights 30 startups to watch, including companies in various industries such as office space technology, AI-based tutoring, lunchbox solutions, health-conscious cutlery, and more. These startups are making waves in their respective fields and have the potential for significant growth and success.
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Legal tech startups power India's digital legal revolution
Inshorts
·
2m ago
Medial
Legal IT startups in India are transforming access to legal services for startups and SMEs. Platforms like Vakilsearch and SpotDraft use AI and automation for affordable legal aid, from compliance to contracts. As India eyes a $5 trillion economy, these legal tech innovators are boosting transparency, easing operations, and laying the groundwork for a digitally empowered business ecosystem.
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49 cleantech startups working towards making India greener
Inc42
·
1y ago
Medial
Inc42 has compiled a list of 51 Indian cleantech startups that are contributing to India's clean energy goals. These startups are working on various innovative solutions such as rooftop solar energy, biomethanation technology, air and water purification, and more. The startups mentioned in the list include 75F, Ace Green Recycling, AirOk, Bambrew, Buyofuel, Chakr Innovation, Clairco, altM, CleanMax Enviro Energy Solutions, Devic Earth, EdgeGrid, Electriq, Freyr Energy, Gegadyne Energy, GPS Renewables, Greenjoules, Greenko Group, h2e Power Systems, Hygenco, Inficold, ION Energy, Log9 Materials, Lohum, Loom Solar, Metastable Materials, MYSUN, Nepra, NewTrace, Orb Energy, Oorjan Cleantech, OxyGarden, Pi Green Innovations, Prescinto, Proklean, reNew Power, rePurpose, Sea6 Energy, SenseHawk, Skilancer Solar, Solar Ladder, SolarSquare, Swajal, The Energy Company, Uravu Labs, Varaha, WEGoT, Zenatix, and ZunRoof.
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Bessemer closes $350 million India-only fund to boost play
Economic Times
·
5m ago
Medial
Bessemer Venture Partners (BVP) has launched its second India-focused fund with $350 million, targeting startups in AI, SaaS, fintech, digital health, consumer brands, and cybersecurity. The fund, capped at this amount despite being oversubscribed, follows BVP's first India fund of $220 million. Investments will range from $5 million to $40 million for early-stage startups, supporting growth stages. BVP's Indian operations have backed over 80 startups, including successful names like BigBasket and PharmEasy.
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Meet the entrepreneurs and leaders working to change status quo
YourStory
·
1y ago
Medial
In 2024, several visionary leaders are making waves in various sectors with their innovative approaches. Aravind Arasavilli, Chairman of Exxeella Education Group, provides comprehensive support for international education and career aspirations. Prateek N Kumar, the CEO of NeoNiche, is redefining brand engagement through creativity and technology. Gaurav Aggarwal, the Founder of Savaari Car Rentals, offers reliable and convenient car rental services across India. Nitin Jain, the CEO of India PR Distribution, introduces innovative and cost-effective PR solutions. These leaders, along with others like Gaurav Garg, Sunil Pandita, and Nayan Verma, are reshaping their respective industries through their expertise and forward-thinking strategies.
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AI start-ups generate money faster than past hyped tech companies
Money Control
·
10m ago
Medial
Artificial intelligence start-ups are generating revenues at a faster pace than previous waves of software companies, according to data from fintech group Stripe. Analyzing payments information, the data reveals that top AI groups are making millions of dollars in sales within a year, much quicker compared to non-AI tech companies. This suggests that the transformative technology is generating strong businesses at an unprecedented rate. The findings have raised questions among investors about the growth and potential of AI companies.
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Early and growth-stage investments in disruptive technology companies with...
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