In the bustling streets of Bengaluru, often hailed as India’s Silicon Valley, innovation knows no bounds. A recent example of this entrepreneurial spirit is Samuel Christy, an auto-rickshaw driver who has transformed his vehicle into a platform to pitch his ...
Community @ 100X Venture Hub Latest Articles
Blitz Secures INR 51 Crore in Series A Funding Led by IvyCap Ventures
Blitz, a Bengaluru-based quick commerce logistics enabler, has successfully raised INR 51 crore in a Series A funding round led by IvyCap Ventures. This significant investment aims to enhance Blitz’s 60-minute delivery infrastructure and expand its dark store network across ...
Deepinder Goyal's Unconventional Job Offer at Zomato Sparks Widespread Debate
In a move that has ignited extensive discussion across social media and professional circles, Zomato CEO Deepinder Goyal announced a unique job opening for the position of Chief of Staff. The unconventional terms of this role—requiring candidates to pay a ...
Government Notifies Amended Forex Rules for Startups
In a significant move to bolster the startup ecosystem, the Indian government has notified amendments to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019. These changes, effective from August 16, 2024, aim to simplify cross-border investments and provide clarity on ...
Swish Secures $2 Million Funding from Accel to Revolutionize 10-Minute Food Delivery
In a significant development for the food delivery industry, Bengaluru-based startup Swish has raised $2 million in seed funding led by venture capital firm Accel. This investment aims to bolster Swish’s ambitious plan to deliver food within 10 minutes, setting ...
Indian Edtech Startups Shift Focus to Healthcare Upskilling: Bridging Critical Skills Gaps
India’s edtech sector is undergoing a strategic transformation, shifting its focus toward professional upskilling in healthcare fields such as nursing and allied health. This shift comes as the demand for skilled healthcare professionals grows both domestically and internationally, driven by ...
Indian Startups Secure $182 Million in Weekly Funding: A Boost to the Ecosystem
Indian startups have achieved a significant milestone, raising over $182 million in funding during the past week. This surge in investment showcases the resilience and growth potential of India’s startup ecosystem, even amid global economic uncertainties. The funding spans across ...
Reverse-Flipping: Why Indian Startups Are Returning to India Amid Regulatory Reforms
India’s startup ecosystem is witnessing a significant trend known as reverse-flipping, where startups that initially set up corporate structures abroad are returning to the country. This shift, fueled by favorable regulatory reforms, tax benefits, and attractive IPO valuations in India, ...
Indian Government Approves $119 Million Fund for Space Startups: A Boost to the Space-Tech Ecosystem
In a groundbreaking move aimed at bolstering India’s space sector, the government has approved a ₹10 billion ($119 million) fund to support the country’s burgeoning space startup ecosystem. The decision, announced on October 24, 2024, reflects India’s commitment to strengthening ...
Swiggy's IPO, Employee Rewards, and Legal Challenges: Key Developments in 2024
Swiggy, one of India’s largest food delivery and quick-commerce platforms, has been making headlines with its recent achievements, milestones, and challenges. Here’s a comprehensive look at Swiggy’s latest developments, including its successful IPO, employee benefits, strategic expansions, and antitrust investigations. ...