“From an investment and financing point of view, when we talk about the financing gap, I think most of us don’t even understand what the gap looks like… when you walk into a room as an entrepreneur trying to raise some funds?” asked Shabori Das, Senior Assistant Editor, ET Prime, as she began moderating a … Read more
Secret Alchemist, an aromatherapy-based holistic wellness brand, has brought on board versatile actress Samantha Prabhu as co-founder. The startup also raised $500,000 in a seed. funds round led by Tipping Point Companies (IPV), a Gurugram-based angel investment firm. Focus on growth and increase marketing efforts Secret Alchemist said the latest investment would help further growth, … Read more
This is part of a series of interviews with the winners of The Economic Times Startup Awards 2024. A reboot in the risk investment The industry after the exuberance of 2021 is bringing the sector back to basics, with companies that have compelling business models, customer value propositions and strong results. corporate governance growing rapidly … Read more
Winners and nominees, past and present, will be among the elite speakers at the 10th edition of The Economic Times Startup Awards (ETSA) to be held on October 5 in Bengaluru. In this historic year for ETSA, which has charted the ups and downs of India’s startup ecosystem over the last decade, this year’s jury … Read more
India’s largest stock broking firm growwho competes with the Kamath brothers Zerodhahas more than doubled its revenue from Rs 1,295 crore in FY23 to Rs 2,900 crore in FY24, according to data from rating agency ICRA. The company also reported that its net profit quadrupled from Rs 73 million in the previous fiscal year to … Read more
Zerodha recently reported a 21% rise in revenue, reaching Rs 8.32 billion, along with a 62% rise in profits in FY24. The company has seen double-digit growth since the COVID-19 pandemic, driven by massive participation of retail investors in the stock market. Despite this impressive growth, the company employs only about 1,150 people, a stark … Read more
Educational technology startup Plus class has demonstrated remarkable financial growth in FY24, doubling its revenue to Rs 213 crore, up from Rs 102 crore in the previous fiscal year. Classplus primarily supports creators in launching their online coaching businesses by providing them with mobile apps and customized websites to sell online courses. The startup’s operating … Read more
DeepTech accelerator SanchiConnect recently raised an undisclosed amount in a funds round led by Baring Private Equity Partners-India (STPL), Seafund and 8X Ventures, with participation from other investors including Ogma, Arctic Innovations and InnovHer. The company plans to use the raised capital to enhance its recently launched software offerings and expand its presence in India, … Read more
Sugar.fit, a health technology A startup focused on managing and reversing type 2 diabetes and prediabetes has announced cricket legend Sachin Tendulkar as its brand ambassador and strategic investor. The partnership aligns Tendulkar’s commitment to fitness with Sugar.fit’s mission to revolutionize diabetes care. Sugar.fit offers science-backed, data-driven, and evidence-based solutions to help people better manage … Read more
Gifting platform Ferns N Petals (FNP) has announced the appointment of Gaurav Sharma as its new chief technology officer (CTO). Sharma, a seasoned professional with more than two decades of experience in the technology sector, will be responsible for leading the company’s technological advancements, improving customer experiences and driving innovation across FNP’s global operations. Subscribe … Read more
