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Thursday, December 18, 2025
TopicStartups

Topic: startups

‘Not typical young startup founders’ — BillDesk trio reap $500 mn each selling stakes

M.N. Srinivasu, Ajay Kaushal and Karthik Ganapathy are selling their payment gateway firm BillDesk to Prosus NV for $4.7 billion.

Khatabook, bookkeeping app for kirana stores, raises $100 million from Tribe, Moore

An Indian fintech startup, Khatabook in 2019 launched a mobile app version of handwritten ledgers that owners of tiny businesses traditionally use to keep track of daily accounts.

Mindtickle, funded by Softbank, is the latest unicorn in India’s fast growing tech industry

Mindtickle, based in Pune and San Francisco, hit a valuation of $1.2 billion. It provides what it calls sales readiness technology that companies can customise with their own content and data.

Electric scooters are becoming a rage and Bengaluru’s Ather has quietly raced ahead

Nearly three years since it launched its first scooter in 2018, Ather Energy’s revenues have increased from Rs 11.7 crore in FY19 to Rs 48.8 crore in FY20.   

Zomato IPO pushes CEO Deepinder Goyal closer to India’s $1 billion club

Zomato IPO is a triumph not just for 36-year-old Deepinder Goyal, but also scores of Indian entrepreneurs. With the 66% stock jump, Goyal is now worth $650 million, based on his 4.7% stake.

Will Zomato deliver? IPO listing today will be barometer for India’s unprofitable unicorns

Zomato has generated a seldom-seen frenzy among the investment community. Investors will now get a taste of the food delivery giant when it debuts today after a $1.3 billion IPO.

Lenskart raises $220 million as India’s tech industry mints more unicorns than ever before

Valued at $2.5 billion, according to founder Peyush Bansal, Lenskart plans to use the capital to expand online sales and add brick-and-mortar stores in India, Southeast Asia and the Middle East.

How Zomato, Paytm IPOs show India’s homegrown startups have arrived

Zomato and Paytm’s popularity among institutional investors is also prompting the other unicorns to consider going public.

Job losses, business closure — Covid hit female entrepreneurs. Here’s how to support them

Studies show 10 to 30% of enterprises registered as ‘women owned’ are not actually owned or run by women. Covid has worsened the situation.

Jeff Bezos, Mark Zuckerberg are exception not rule — not all startup founders should be CEOs

In ‘Everything Started as Nothing’, Bhaskar Majumdar writes on how to build and sustain startups and scalable businesses in today’s ruthless marketplace.

On Camera

MGNREGA was democratic state-building. VB-GRAMG turns welfare back to mai-baapism

MGNREGA empowered citizens to engage the state on equal terms. VB-GRAMG recasts them as labharthis, who must prove eligibility to receive the largesse of a benevolent leader.

Steady growth rooted in ‘Dravidian model’. How Tamil Nadu more than doubled its GSDP in 10 yrs

RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.

Israel has ‘realised who its real friend is’, eyes defence expansion in India amid arms curbs by others

It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.