start-ups

Tonal is taking on the likes of Peloton by using artificial intelligence to personalize at-home workouts. Here’s how the company grew sales eight fold in 2020 while attracting investors like Steph…

Tonal, a digital fitness company that uses electromagnetic technology to create resistance training, has become one of the most popular at-home exercise systems. The fitness brand increased sales eight fold in 2020 and to-date it has raised more than $200 million from investors including several high-profile athletes. “Intelligent fitness is the next evolution of the … Read more

Unease of doing business in India

Entrepreneurial intention cannot reach actualization in the absence of a proper industrial and business atmosphere. The society and policymakers have to ensure that the environment for investment is conducive in terms of (1) socio-cultural and political supports, labour and industrial laws; (2) ease of processing and no harassment in registration and certification; (3) helping attitude … Read more

Funding for 33% Indian startups put on hold, 12% cite shutdown: Survey

The ongoing covid-19 crisis has deeply impacted the Indian startup ecosystem with close to 12% startups stating shutdowns, according to a survey jointly conducted by Federation of Indian Chambers of Commerce and Industry (FICCI) and Indian Angel Network (IAN). The nationwide survey on the ‘Impact of covid-19 on Indian start-ups’, conducted across 250 startups, said … Read more

Fractal incubated healthcare startup Qure.ai raises $16 million led by Sequoia India

Healthcare startup Qure.ai has raised $16 million in an equity funding round led by Sequoia India, with participation from MassMutual Ventures Southeast Asia, it said Thursday. MassMutual Ventures is the investment arm of US-based MassMutual Life Insurance Company. Founded in 2016 by Prashant Warier and Pooja Rao, Qure.ai provides interpretations of radiology scans within seconds, … Read more

Theobroma sees sales surge fourfold in 4 years

Private equity firm ICICI Venture Funds-backed patisserie Theobroma Foods Pvt. Ltd has set out on an aggressive expansion plan as it looks to multiply its sales fourfold over the next three to four years, two senior executives of the company said in an interview. “We plan to grow our sales to ₹500 crore, the number … Read more