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Indian Startups Raise $12 Bn in First Three Months Of 2022: FinTracker Report

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Indian Startups Raise $12 Bn in First Three Months Of 2022: FinTracker Report

Domestic startups in India raised over $12 billion (INR around 90,000 Crore) in Q4 of 2021-22, compared to $4 billion (INR around 30,000 Crore) in the same period last year. Data Tracking Platform FinTracker has given information about this stating that a total of 528 Indian startups, of which 324 are in their infancy and 123 are in their development phase, have announced their funding round of $12.06 billion during Q4FY2021-22.

Also Read: Crypto Assets Will Face The Tax Noose From April 1, 2022

82 Startups Become Unicorns

According to FinTracker, 82 startup companies were also added to the “Unicorn” list. Companies with a valuation of 1 billion become unicorns. As per their stats, Between December 2014 to December 2021, Indian startups have raised a total of $38.40 billion.

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According to Hurun Research Institute, In 2021, India has emerged as the third-largest startup ecosystem after the US and China.

According to PwC India’s report, In Q3FY2021-22, Indian startups obtained record funding of $10.9 billion in 347 deals.

Meanwhile, seeing accelerated funding activities, a recent report states that over 100 unicorns are expected to be created in India in 2022.

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Also Read: Gautam Adani earns $21 billion in Q4; More than Musk, Gates, Bezos, And Ambani

India News

PM Modi will inaugurate projects worth Rs 2 lakh crore in Bihar: Samrat Choudhary

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PM Modi will inaugurate projects worth Rs 2 lakh crore in Bihar: Samrat Choudhary

Prime Minister Narendra Modi is set to virtually inaugurate projects worth Rs 2 lakh crore in Bihar, as announced by Deputy Chief Minister Samrat Choudhary. The inauguration is scheduled for March 2, with various projects in health and railway sectors on the agenda.

Choudhary highlighted that PM Modi’s visit aims to dispel the notion that Bihar has been neglected, stating, “I want to inform them that he is going to virtually inaugurate and lay the foundation stones of various projects worth Rs 2 lakh crores within the next ten days.” The Prime Minister’s visit will also include programs and rallies in Aurangabad and Begusarai districts.

In addition to PM Modi’s visit, Home Minister Amit Shah and Defence Minister Rajnath Singh are slated to visit Bihar separately in the lead-up to the Lok Sabha elections. This strategic move indicates the significance of Bihar in the upcoming political landscape. Stay tuned for more updates on these significant visits and projects in Bihar.

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Give all 29 LS seats to BJP: Amit Shah to MP voters

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Give all 29 LS seats to BJP: Amit Shah to MP voters

Home Minister Amit Shah urged the voters in Madhya Pradesh to give all 29 Lok Sabha seats to BJP in the upcoming general election. Addressing a public rally in Khajuraho, he emphasized the need to make PM Modi stronger by ensuring a massive victory for the party.

Shah welcomed Congress leaders who feel suffocated or sidelined to join BJP, stating, “Those who are not respected in Congress and want to join the BJP, they should be welcomed.” The party aims to increase 370 votes at every booth to achieve their target of 370 seats in the upcoming elections.

In the 2019 Lok Sabha elections, BJP won 28 out of 29 seats in Madhya Pradesh, with only one seat lost in Chhindwara, the stronghold of veteran Congress leader Kamal Nath. Despite a wave of support for PM Modi, Kamal Nath’s son Nakul Nath emerged victorious in Chhindwara.

On a day-long visit to Madhya Pradesh, Home Minister Amit Shah also reviewed poll preparations for Parliamentary seats in the Gwalior-Chambal region. Following a public rally in Khajuraho, he is set to interact with prominent citizens in Bhopal. BJP aims to secure a strong mandate in the upcoming general elections.

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Haryana launches 'Savera' programme for early screening, detection of breast cancer

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Haryana launches 'Savera' programme for early screening, detection of breast cancer

Haryana Chief Minister Manohar Lal Khattar launched the ‘Savera’ program for early detection of breast cancer in Gurugram. The initiative focuses on utilizing visually impaired women for breast cancer screening. The program will expand to other districts after successful implementation in Gurugram.

The ‘Savera’ program will be implemented in Gurugram’s Civil Hospital of Sector-10, Polyclinic of Sector-31, and Primary Community Center of Wazirabad village. Breast cancer is often diagnosed late, affecting different parts of the body. The program aims to detect the disease in its early stages, particularly in urban women.

Manohar Lal Khattar highlighted the unique qualities of visually impaired women, like heightened sense of touch, which will be utilized for effective breast cancer screening in the ‘Savera’ program. The initiative is a collaboration between the Medanta Foundation and the Health Department in Gurugram, aiming to empower patients to take charge of their health.

“The ‘Tactile Breast Examination’ system was introduced in India six years ago to train visually impaired women in breast diseases and examination. This training has equipped them to conduct clinical internships under expert guidance at Medanta Gurugram,” said Pankaj Sahni, Group CEO & Director of Medanta. The program reflects Medanta’s commitment to innovation and patient empowerment in healthcare.

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