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STARTUP ACCELERATOR RAINMATTER
West Bengal's electronics factory push; Fed jitters hit TCSWest Bengal is exploring ways to expand electronics manufacturing under EMC 2.0. This and more in today's ETtech Top 5.- Galaxeye eyes 8-week timeline to begin commercial data rollout; defence demand to anchor early revenuesGalaxEye is set to launch commercial sales of satellite imagery from its new Mission Drishti satellite in eight weeks. Defence and security...
- Sports startups cash in on India’s everyday athlete economy boomA surge in sports participation is fueling a boom in platforms for everyday athletes. Startups are making it easier to book courts and find...
- Infosys weighs CEO change; Groww's Lalit Keshre on next growth betsHappy Wednesday! Infosys is set to discuss CEO Salil Parekh's tenure and a succession roadmap as it reports Q4 results. This and more in to...
- Robotics startup AquaAirX raises Rs 12.5 crore from Zerodha's Rainmatter, Prime Venture Partners, othersRobotics startup AquaAirX, which builds drones, has raised Rs 12.5 crore in a round led by Rainmatter, the investment arm of Zerodha. The r...
- EV motor startup Naxatra Labs raises $3 million led by Zerodha's Rainmatter, angel investorsThe round also saw participation from several marque startup founders, operators, and angel investors, including Mohit Tandon of Delhivery,...
- Rainmatter-backed Fittr turns profitable in FY25, revenue stood at Rs 128 crorePune-based Fittr closed FY25 with Rs 128 crore revenue and Rs 11 crore profit before tax, returning to profitability after three years of l...
- Smallcase raises $50 million in funding led by Elev8 Venture Partners as wealthtech heats upThe capital will be used to support product expansion and strengthen partnerships. Smallcase, with over 10 million users, aims to capitalis...
- Brigade REAP invests in Settlin, India’s first gig-based real estate resale startupBrigade REAP invested in Settlin, a gig-based residential resale broker. Settlin secured $500,000 in funding. The startup uses data and gig...
- Beyond stock market: Zerodha's Nithin Kamath finds new passion in bambooNithin Kamath, the billionaire behind Zerodha, believes bamboo could combat land degradation and offer income opportunities through cultiva...
- Muted Q2 show from Wipro, LTIMindtree; PhonePe FY23 revenue surgesTwo major Indian IT companies — Wipro and LTIMindtree — posted subdued earnings for the second quarter. While Wipro’s consolidated net prof...
- Tata Digital's Esop delay; inside Nithin Kamath's RainmatterHit by top-deck exits in the past year, Tata Digital, the ecommerce arm of the Tata Group, is trying to assuage senior executives who are s...
- Real sports gaming platform Game Theory raises $2 million in funding from Nithin Kamath’s Rainmatter, othersGame Theory said the funds raised would be used in tech development.
- Shock and awe for online gaming industry; IRDAI’s transformational journeyThe bells have begun to toll for India’s online gaming industry. The 28% GST levy looks set to deal the sector a knockout blow, with a few ...
- Ola’s losses widen, revenue doubles; Zerodha allocates Rs 1,000 crore to fund startupsBhavish Aggarwal's Ola finally disclosed its financials for FY22 after a year-long delay. This and more in today’s ETtech Top 5.
- Zerodha allocates an additional Rs 1,000 crore to back startups through RainmatterZerodha said in a blog post Friday that it has now partnered with over 80 startups and has invested close to Rs 400 crore over the last sev...
- BluJ Aero secures $2.25 million in funding led by Endiya PartnersAviation startup BluJ Aero has raised $2.25 million in a seed funding round to develop a vertical take-off and landing (VTOL) aircraft powe...
- Ossus Biorenewables raises $2.4 million in funding from Nikhil Kamath's Gruhas, Rainmatter ClimateThe startup said it would use the funding to accelerate the deployment of Ossus' OB HydraCel — a bioreactor for on-site hydrogen gas genera...
- Cleantech startup SolarSquare raises Rs 100 crore in Series A fundingThe round was led by Elevation Capital and LowerCarbon, and also saw participation by existing investors Good Capital and Rainmatter, as we...
- Global network of accelerators look to cash in on India’s fintech goldrushThese accelerators and incubators expect to see global products emerging out of the Indian financial services and insurance industry.
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