Number of deals down 20% Y-o-Y to 284 in this period
The Bengaluru-based company, which operates as a technology service provider (TSP), plans to strengthen its artificial intelligence capabilities
Piyush Goyal, the commerce minister, launched the second edition of "Startup Mahakumbh" today. About 3,000 companies, more than 1,000 investors and incubators from 50 countries will participate
According to the Tracxn Geo Quarterly India Tech Report, out of the $2.5 billion, three startups Erisha E Mobility, Darwinbox and Infra Market received funding of over $100 million each
The Series A funding will allow TrueFoundry to accelerate its mission towards building a universal platform to develop and deploy AI applications with zero infrastructure hassles
The company claims to process transactions worth $80 billion annually. It has a base of 8,00,000 merchants, including internet startups and enterprises
VuNet's observability solution, built using big data and machine learning, helps to monitor business journeys and improve payment experience of users
OrbitAID plans to use the funds to conduct an in-space demonstration of docking and refuelling operations, expand facilities for on-orbit servicing operations
Quick commerce platform Zepto led major funding rounds this year, raising a total of $1.35 billion
Indian startups are set to ramp up hiring by 20-30 per cent in 2025 as funding improves, reversing a prolonged slowdown. Layoffs dropped 46 per cent YoY in 2024, signalling sector recovery
Company plans to use the funding to expand its operations, hire talent, and for brand building
The funding round, oversubscribed by prominent investors, will include top Indian family offices and ultra-high net worth individuals
Investment growth despite a cautious global investment climate, says analytics company
The firm operates in Bengaluru and plans to scale operations in India, targeting 10x growth in 2024
The fresh capital will fuel Atlys' expansion strategy, empowering the company to enhance its product and engineering capabilities, enter new markets, and scale operations globally
The Tamil Nadu government-backed StartupTN has secured funding of Rs 80 crore and has formed partnerships with over 200 venture capital firms, a top official said on Friday. The agency was actively working to bring in more venture capitalists to invest in the state through the fund aggregator platform TANFUND (The Startup Funding Platform), StartupTN Managing Director and CEO Sivarajah Ramanathan said here. StartupTN aims to nurture a vibrant startup ecosystem in the state to encourage innovation and entrepreneurship-driven employment and economic growth. "Our goal is to create a vibrant startup ecosystem that drives innovation and growth. Today, we are taking this mission further by launching a credit course for engineering students under the 'Naan Mudhalvan' initiative and introducing the Campus Startup Circle model in collaboration with EDII (Entrepreneurship Development and Innovation Institute)," Ramanathan said at the Confederation of Indian Industry, Tamil Nadu Startup Summit
General Catalyst, Dragon Fund, Epiq Capital led the round
Why quick commerce, having failed elsewhere in the world, is scripting a success story in India
Funding in first half of this calendar year is at $795 mn, a decline of 11% from second half of 2023
Anandan also said India had the largest number of STEM graduates. "We just need to make sure we invest in them over a period of time"