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Startup News
Startup Pedia
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“Rs. 70 crore challenge money to encourage new startups at the Startup MahaRathi Challenge”: Union Minister Piyush Goyal
- Union Minister of Commerce and Industry Piyush Goyal announced the Startup MahaRathi Challenge with a prize pool of ₹70 crore.
- The challenge aims to foster innovation in sectors like AI, cybersecurity, biotechnology, and more.
- Recognized startups were eligible to register for the challenge, targeting early-growth-stage startups across India.
- Selected startups will receive financial support, coaching, and national recognition.
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Medium
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Instead of unicorns, Southeast Asia needs more Sambal Startups.
- Sambal startups are deeply rooted in local ecosystems and cultural understanding, focused on solving real-world problems, more likely to be B2B and infrastructure-focused, and built by founders who know how to bootstrap, grow sustainably, and stay close to their users.
- Founders should raise strategically, focus on aligned investors who understand regional nuance, and be comfortable saying 'no' to money that pulls them off course.
- Family offices are stepping into startup investing with patient capital, industry experience, and long-term alignment, making them valuable partners for funding, distribution, credibility, and long-term thinking.
- The rise of sambal startups and the understanding around building focused, high-impact companies in Southeast Asia is creating a healthier and more grounded startup culture that values efficiency and solving real problems.
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Yourstory
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21
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AI, logistics, sustainability: Test your business creativity with Edition 182 of our weekly quiz!
- The 182nd edition of the weekly quiz from YourStory, 'Lateral Sparks', presents real-life issues faced by entrepreneurs.
- The quiz challenges participants to think creatively and provide solutions for various challenges in domains such as data and financial services, environmental impact, adoption of sustainable energy, affordable healthcare, and freight and logistics.
- The entrepreneurs' solutions include an identity verification aggregator for banks and fintechs, a company that recycles cigarette butt waste, a green financing company for sustainable energy, a dialysis center operator, and an AI-driven platform connecting truckers with shippers.
- By participating in the quiz, readers can test their business acumen and compare their solutions with the actual actions taken by the entrepreneurs.
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Inc42
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From Scapia To Pratilipi — Indian Startups Raised $144 Mn This Week
- Indian startups raised a total of $144 million in funding between March 31 and April 5, 2025.
- The funding momentum remained stable, with small deals contributing to a 32% increase in investment activity.
- Key funding rounds included Scapia raising $40 million, Pratilipi securing $20 million, and Tonbo Imaging raising $20.4 million.
- Fintech startups dominated the funding landscape, with significant investments in companies like Aerem, Sweet Karam Coffee, and Infinity Fincorp.
- Healthtech and ecommerce sectors also received funding, albeit at lower amounts compared to fintech.
- Startup funding highlights included active investors like Peak XV Partners, Y Combinator, and Antler.
- Seven startups at the seed stage collectively raised about $11 million during the week.
- In other developments, IPO-related news featured companies like Kissht, Navi Fintech, DevX, and IndiQube exploring public listings.
- Additional highlights included Flipkart infusing $379 million, Spinny reportedly raising $131 million, and SpaceBasic acquiring CAMPUS.
- Overall, the Indian startup ecosystem saw diverse funding activities with a focus on fintech, healthtech, and ecommerce sectors.
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Inc42
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India Needs Strong Deeptech Foundation To Fuel Startups Growth: Amitabh Kant
- Former NITI Aayog CEO Amitabh Kant emphasizes the need for a strong deeptech foundation in India to fuel startup growth.
- Kant believes that India should focus on deeptech sectors such as AI, mobility, battery storage, and green hydrogen, as they offer significant market opportunities for startups.
- He highlights the importance of building an end-to-end AI ecosystem and urges startups to focus on AI, machine learning, blockchain, and big data.
- Kant also emphasizes the need for good corporate governance and praises government initiatives to support emerging startups in the country.
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Yourstory
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397
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The future is now: VR Bengaluru hosts month-long exhibition on art and technology
- The Whitefield Art Collective (WAC) festival is being hosted at the VR Bengaluru mall with the theme Future is Now.
- The month-long festival features diverse paintings, art installations, sculptures, and photography, both from local artists and international collaborations.
- The festival aims to highlight regional diversity and the integration of technology in art, exploring new mediums such as digital art and immersive installations.
- The WAC festival also includes exhibitions and works addressing global issues like climate change, creating a platform for meaningful conversations and a more inclusive and creative future.
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Yourstory
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Paytm aims to be profitable in Q4 of FY25
- One97 Communications, the parent company of Paytm, aims to be profitable in the last quarter of FY25.
- During an earning call, Paytm Founder and CEO Vijay Shekhar Sharma stated that the path to profitability will be driven by the core business and new areas of investment.
- For the third quarter, Paytm reported a narrowing of consolidated loss to Rs 208.5 crore, mainly due to cost reduction and a recovery in business performance.
- Paytm has launched a display-enabled soundbox, catering to the demand of premium merchants who seek confidentiality in in-store transactions.
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Yourstory
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38
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Impact of Trump’s tariffs: Markets crash, China hits back, no deal on TikTok
- President Trump's imposition of additional tariffs has led to a global stock market crash, with the S&P 500, Dow Jones, and Nasdaq indices plummeting significantly.
- China retaliated by imposing a 34% tax on all US imports, escalating the trade war further and causing losses in markets worldwide.
- The trade war's impact has been felt across various sectors, with European stocks dropping, oil prices hitting record lows, and concerns about weakening the global economy.
- The US job market showed some strength in a recent report, but market fears persist about future uncertainties.
- In response to Trump's tariffs, China suspended imports, imposed export controls on rare earth minerals, and launched investigations into companies like DuPont.
- President Trump extended the deadline for a TikTok sale in the US, citing ongoing negotiations and national security concerns, as China's stance on the deal complicated matters.
- Federal Reserve Chair Jerome Powell warned that the new tariffs could lead to higher inflation and slower economic growth, emphasizing the need to monitor and address potential long-term effects.
- The tariffs' impact on inflation may influence the Fed's decision on interest rates, with a focus on managing inflation while supporting economic stability amidst ongoing trade tensions.
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Startup Pedia
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Sarla Aviation To Start Air Taxi Services Soon In 3 Indian Cities—Bengaluru, Mumbai, & Delhi
- Sarla Aviation, an aerospace startup, plans to launch electric air taxis in Bengaluru, Mumbai, and Delhi.
- The company aims to provide air taxi services in 'every corner' of India within five years of launching.
- Sarla Aviation has expanded its team from 20 to 47 employees and plans to have 80-120 employees by the end of the year.
- Each air taxi will be able to carry six passengers with a total load capacity of 680 kg and reach speeds of up to 250 km/h.
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Yourstory
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Unified lending identity: The next UPI moment for India
- Unified Lending Identity (ULI) aims to standardize and streamline digital lending in India, similar to how UPI revolutionized digital payments.
- ULI aims to create a single, portable, and universally accepted credit identity that allows real-time, data-driven credit assessments and transferable credit histories.
- ULI can simplify borrower identities and make lending interoperable, allowing borrowers to switch lenders without reapplying and access competitive interest rates.
- ULI can enable faster credit approvals by leveraging real-time data access and behavior-based risk modeling, similar to how UPI made instant digital payments possible.
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Yourstory
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Founders push back on Piyush Goyal's remarks; Weaving sustainability into textiles
- US President Donald Trump unveiled tariffs described as 'kind', causing potential harm to India's GDP growth and impacting IT firms, gem and diamond industry.
- India's economic growth may slow by 20-40 basis points due to US tariffs, leading to deeper interest rate cuts by RBI.
- IT firms are preparing for impact as clients in various sectors adjust to new levies, affecting gem and diamond industry as well.
- Confidence in India's IPO pipeline remains strong amid uncertainties in various industries.
- Founders push back on Piyush Goyal's remarks towards Indian startup ecosystem, highlighting the importance of driving innovation.
- Startup Mahakumbh event saw discussions on deeptech innovation, government support, and the need for strong local champions in the internet space.
- Two textile scientists from Jiwya are working on creating a sustainable textile supply chain by leveraging India's artistic heritage.
- Jiwya's luxury fashion brand focuses on ethical handcrafted products in limited quantities, showcasing sustainability and supporting artisans.
- Floodlighting, a new dating trend, involves oversharing intimate details early on to build quick intimacy and assess compatibility.
- In the news, China imposes tariffs on US goods, Meta Platforms plans AI model release, and Amazon introduces AI-generated recaps for Kindle users.
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Medium
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Episode 8: David Hirschfeld — Founder and CEO of Tekyz
- David Hirschfeld, CEO and founder of Tekyz, shares insights on sustainable business growth, emphasizing product-market fit, problem-focused development, and strategic partnerships.
- David highlights the importance of product-market fit for B2B SaaS companies, stressing profitability and reinvestment for sustainable growth.
- Successful founders prioritize understanding customer problems over falling in love with their solutions.
- David emphasizes deep customer engagement and problem-focused development for long-term success.
- Relying solely on referrals can limit scalability, prompting David to explore strategic referral partnerships for predictable growth.
- Tekyz is developing internal products, including a referral partner portal and an AI-powered project estimation tool, to streamline operations and create new revenue streams.
- David's journey offers valuable lessons for entrepreneurs seeking predictable growth and sustainable business practices.
- The article also explores Rebecca's coaching approach, focusing on revenue, roles, strategy, and the importance of culture in businesses.
- David aims to transform Tekyz into an equivalent product and service company, emphasizing the importance of product offerings for growth.
- David compares Tekyz's resilience and ability to adapt to a Phoenix rising from the ashes, evolving towards becoming an 'eagle' in the business world.
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Killerstartups
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30
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Bill Gates reflects on Microsoft’s 50th anniversary
- Bill Gates reflects on Microsoft's 50th anniversary
- Bill Gates reminisces on the code he wrote 50 years ago that played a critical role in creating Microsoft
- The code became the basis for the Altair's first operating system and paved the way for software like Word, Excel, PowerPoint, and the Windows operating system
- Gates reflects on his tempestuous relationship with Steve Jobs and the success of Microsoft under current CEO Satya Nadella
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Killerstartups
2w
69
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Trump’s auto tariffs to hike car prices
- President Trump's auto tariffs went into effect, potentially raising the cost of cars in the US.
- A 25% tariff has been imposed on all imported cars, which account for almost half of new car purchases.
- The cost of manufacturing cars in the US will increase due to expected tariffs on auto parts.
- Higher car prices and potential job losses are expected as a result of the tariffs.
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Economic Times
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Fintech startups feel the glow of retail gold rush
- Fintech startups offering investment options such as fixed deposits and gold are attracting venture capital funding.
- Gullak and Stable Money are among the startups catching the eye of venture capitalists in the wealth management space.
- Gullak is in talks to secure a funding round of $5-6 million, while Stable Money is closing a $20-25 million round.
- Regulatory clarity and economic models pose challenges for these startups, but Indian investors' affinity for gold and fixed deposits provides traction.
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