Entrepreneur India

With more than 9,000 #fintech companies, India is home to the third-highest number of fintechs globally and holds a 14 per cent share of Indian start-up funding. Our special issue of Fintech 50 covers revolutionary fintech companies with BankingTech, LendingTech, PayTech, RegTech, InsurTech and WealthTech utilizing public infrastructure like the #India Stack, Account Aggregator, ONDC, KYC, and DBU regulations. Adhil Shetty, CEO BankBazaar   Ravi Kumar, Co-founder and CEO of Upstox, Karthikeyan K, Co-founder & CTO, KreditBee Aniban Mukherjee, CEO, PayU #FintechIndia #FintechRevolution #BankingTech #LendingTech #PayTech #RegTech #InsurTech #WealthTech #IndiaStack #AccountAggregator

#Update Hyundai Motor India Ltd. aims to launch five locally-produced models by 2030. The company plans to file with SEBI in May and launch its IPO by Q4 CY24. Additionally, Hyundai Motor and Kia are preparing to introduce their first locally produced EV in India, with production set to begin in 2024 and 2025, respectively. Hyundai Motor Group executive chair Euisun Chung Read: https://ow.ly/HaJg50Rp2zE #FutureOfMobility #AutomotiveIndustry #IndiaProduction #EV #Kia #HyundaiMotor #IPO #SEBI #LocallyProduced #HyundaiIndia

#Update IndiGo (InterGlobe Aviation Ltd) is advancing its future by adding wide-body aircraft to its fleet and introducing an all-electric air taxi service in India. Pieter Elbers, CEO of IndiGo (InterGlobe Aviation Ltd) Rolls-Royce, India & South Asia Read: https://ow.ly/XNel50Rp0Nu Written by: Shrabona Ghosh #SustainableAviation #AirTaxiService #AviationNews #IndiGoIndia #AirTravelTech #FutureOfFlight #AviationInnovation #ElectricAirTaxi #WideBodyAircraft #IndiGoFleet

#Update Capria Ventures has closed its India Opportunity Fund at INR 153 crore after the exit of Awign. Initially announced as Unitus Ventures India Opportunity Fund, it reached its first close at INR 75 crore in February 2023 before Capria and Unitus Capital merged to form Capria Ventures. The completion of fundraising coincides with the full-cash exit from Awign, a tech-driven on-demand work platform, following a buyout by Mynavi Corporation, a Japanese conglomerate. Read: https://ow.ly/jVFo50RoZtg Surya Mantha, Managing Partner at Capria Ventures #businessupdates #technews #venturecapital #startupindia #MynaviCorporation #Capria #UnitusVentures #Awign #IndiaOpportunityFund #CapriaVentures

#Update Audacity Venture Capital is heavily invested in gaming, VR, and early-stage TMT ventures across India and the US. It aims to connect global investors to India's digital landscape while supporting domestic startups in accessing global markets. Kabir Kochhar, its founder and managing partner, shares this vision with Entrepreneur India. Read: https://ow.ly/QX9E50RoXh0 Kabir Kochhar Audacity Ventures Written By: Paromita Gupta #GlobalMarkets #TechStartups #VentureCapitalists #EntrepreneurIndia #DigitalLandscape #GlobalInvestors #StartupIndia #TMTVentures #GamingVR #AudacityVentureCapit

#Update Chargeup aims to onboard 100,000 EV drivers by 2027 as part of its ambitious plan to reach one million drivers across 30 cities within five years. Chargeup is expanding its footprint by adding 1,500 new partner stations to achieve this goal. It's focused on Tier 2 and Tier 3 cities like Delhi and Jaipur, to enhance EV infrastructure and promote clean mobility solutions at a grassroots level. Continue reading: https://ow.ly/O0AG50RoVF8 Varun Goenka, CEO and Co-Founder of Chargeup #FutureOfMobility #RenewableEnergy #SustainableTransport #UrbanMobility #GreenEnergy #EVInfrastructure #SustainableCities #ElectricVehicle #CleanMobility #EVDrivers #Entrepreneur

#Update inDrive, a global mobility and urban services platform, is actively advancing electric vehicles (EVs) as a core element of its future services, establishing itself as a trailblazer in sustainable transportation. The company is implementing various initiatives to encourage EV adoption within its fleet, particularly focusing on India. These efforts encompass global research on EV opportunities, enhancing data analysis systems for registered EV drivers, and driving the electrification of its car fleet. Semen Alekseev, Business Development & Operations Manager at ESG inDrive Read: https://ow.ly/Y5VO50RoRfF #CleanEnergy #SmartMobility #GreenFleet #IndiaEV #FutureMobility #EVAdoption #SustainableTransportation #ElectricVehicles #UrbanMobility #inDriveGlobal

#Update MG Motor India has achieved a significant milestone by installing 500 EV chargers in 500 days as part of its MG Charge initiative. This initiative aims to boost green mobility by providing accessible charging infrastructure across over 50 major cities in India. Launched in mid-2022, the project is committed to setting up 1,000 charging points within 1,000 days, particularly in residential complexes, condominiums, and societies, to facilitate convenient charging for residents and visitors. Read: https://ow.ly/zMOS50RoKKK Gaurav Gupta, Chief Growth Officer, MG Motor India #EVCommunity #UrbanMobility #CleanEnergyFuture #ChargingNetwork #IndiaEV #SustainableTransport #EVInfrastructure #GreenMobility #ElectricVehicleCharging #MGCharge

#Update Norwest Venture Partners, a global venture capital and growth equity investment firm, has closed its NVP XVII, LP (NVP 17) fund at USD 3 billion. This fund is geared towards supporting multi-stage investments across enterprise, consumer, and healthcare sectors. With investments ranging between USD 10 million and USD 30 million, the firm focuses on early- to mid-stage businesses demonstrating strong business plans and revenue traction. Notable investments in India include Amagi Media Labs India, Swiggy Xpressbees (BusyBees Logistics Solutions Pvt. Ltd.), Duroflex, and OfBusiness. Continue reading: https://ow.ly/vS6n50RoKeU Jeff Crowe, Senior Managing Partner at Norwest Venture Partners #GrowthEquity #VentureCapital #HealthcareInvestment #RevenueTraction #BusinessGrowth #StartupFunding #EnterpriseInvestment #MidStageBusiness #GlobalInvestment #InvestmentFirm

Delta, the latest sensation on Apple's software Store, is a game emulator enabling users to play vintage and retro video games. Since its launch just days ago, Delta has swiftly claimed the top spot as the most popular free software in the store. Read: https://ow.ly/QVs650RoJHP #FreeSoftware #MobileGaming #TechTrends #GamingCommunity #iOSGaming #GameEmulator #RetroGaming #VintageGames #AppleStore #DeltaEmulator