Commerce and Industry Minister Piyush Goyal on Friday urged global venture capital funds to focus more on startups in the country’s tier 2 and 3 cities and explore new investment sectors. The minister, who was chairing a roundtable with global venture capital (VC) funds, stated that the government has already taken a number of steps to support startups and will continue to do so in the future. Goyal invited venture capital funds to explore new investment sectors, promote and protect intellectual property created by young Indian entrepreneurs, provide expertise to…

INDIAFirst Tech Start-up series is an upcoming event of AICRA to encourage technology startups and AICRA members to work together and create partnerships that are beneficial to both the stakeholders and this event will be taking place at Hotel Le-Meridian, New Delhi on 17th-18th Feb 2022. It is a great opportunity for the new startups to get a platform where they can meet many great leaders , industry experts and get to know how to build your business effectively and efficiently. This conclave brings together various innovators, venture capitalists, government…

For anyone to grow, it requires a perfect place and environment, Things can be changed in a few seconds it just takes courage and risk to be taken by an individual. Today, with Stand-Up India moto Startups have taken a boom to grow as somebody’s passion or somebody’s need or somebody’s desire. AICRA as established in 2014 continuously tries to devote itself to the growth of Individuals by providing various courses and organizing events to provide a place to be explored by people for their sake. This year AICRA decided…

Traya, a holistic hair care platform, has raised $2.2 million (Rs 16 crore) in a new funding round with the goal of changing the hair care industry by providing a holistic solution to manage hair loss. The new pre-Series A round was led by Fireside Ventures and existing investors Kae Capital and Whiteboard Capital. Traya claims that the funds raised will aid the company’s research and development (R&D), acquisition of talent, development of cutting-edge technology to personalise the hair growth experience, and expansion of brand presence. Kannan Sitaram, Partner at…

Startups create new markets or completely transform old markets by introducing products that can change the world. Giants of today such as Apple, Facebook, and Google were once small but ambitious startups. New technologies often create new opportunities that startups take advantage of. Startups then create a massive value over mature businesses, inspiring competition and disrupting the economy to evolve. When it comes to startups, a general perception is that it needs to be in a developed country where all the resources are available. In reality, startups can begin functioning…

Hero MotoCorp Ltd. is investing Rs 420 crore in Ather Energy, an electric scooter maker, at a time when India’s largest two-wheeler manufacturer is preparing its own product for the domestic EV market. According to a regulatory filing Friday, the company’s board of directors has approved the investment in one or more tranches. Hero MotoCorp owned 34.8 percent of the Bengaluru-based startup prior to the proposed investment. “Following the investment, the shareholding will increase, and the exact shareholding will be determined when Ather completes the capital raise round.” This is…