In a rapidly evolving food-tech landscape, HungerBox has emerged as a pioneer in transforming the institutional food services market in India. Co-founded by Sandipan Mitra in 2016, the company digitised the once archaic cafeteria experience using IoT, AI, and data-driven innovation. Under Sandipan’s leadership, HungerBox has grown from a disruptive...
India’s direct-to-consumer (D2C) startup ecosystem saw a sharp funding decline in 2024, reflecting shifting investor sentiment amid global uncertainty and domestic market saturation. According to Tracxn, total investments fell to US$757 million—an 18% drop from US$930 million in 2023. The trend signals a market correction, with investors now prioritizing sustainability...
India has witnessed a remarkable surge in the startup ecosystem, with the Department for Promotion of Industry and Internal Trade (DPIIT) recognizing an impressive 117,254 startups till December 31, 2023. This thriving landscape has not only contributed significantly to economic growth but has also paved the way for the creation...
The India-UAE Comprehensive Economic Partnership Agreement (CEPA), which took effect on May 1, 2022, has served as a vital catalyst for the growth of bilateral trade between the two countries in the past year. In its pursuit of cultivating a thriving startup ecosystem and to double its GDP by 2033,...
Amidst global concerns about depleting natural resources and surging energy demands, sustainable development has emerged as a vital alternative. A wave of startups is emerging to expedite and support this transition. Green Frontier Capital stands as India’s pioneering investment firm exclusively dedicated to nurturing companies that spearhead groundbreaking innovations within...
Indian startups can anticipate a sense of relief in the near future, as investors are foreseeing a resurgence of funding opportunities within the next six to twelve months. This comes after a prolonged period of limited funding availability which is often referred to as the funding winter. About 50% of...
The Indian government has recently implemented tax laws that grant angel tax exemption to boost the startup ecosystem in India. These measures aim to provide a favourable regulatory environment, and encourage entrepreneurs and angel investors alike. IBT examines the recent tax laws in India, highlighting the significance of angel tax...
The startup ecosystem in India has been developing rapidly, leading to an increase in investments directed towards new startups. This indicates that founding teams with innovative ideas are capable of attracting investments, even during the ongoing funding winter. Despite this challenging time, investment in early-stage startups has been witnessed in...
India’s diverse agricultural landscape has earned it the reputation of a global agricultural powerhouse. Off late, the booming Indian agritech industry has captured the attention of investors. Agrifoodtech received US$ 4.6 billion as funding in the year 2022 and the market is projected to grow to US$ 35 billion by...
India as an emerging drone hub has witnessed the transforming technology at a rapid rate over the last decade. IoTechWorld Avigation Pvt Ltd. is one of the fast growing startups that focuses on developing drones with latest technologies including AI/ML features and sensors. Deepak Bhardwaj, Director and Co-Founder, spoke exclusively...
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