Page 2 - Startup Funding

Min balance fine removal may benefit PNB in long run: MD Ashok Chandra

Our domestic NIM currently stands at 2.84 per cent. Including our overseas portfolio of Rs 55,000 crore, the global NIM is around 2.70 per cent, says Chandra

India startup funding falls 25% in H1 2025, ranks 3rd globally: Tracxn

India saw a funding slowdown in H1 2025 but rose to third globally as sectors like transportation tech and retail attracted major investments; Bengaluru and Delhi led in total capital raised

Mohandas Pai flags lack of domestic capital for startups, calls for reform

Indian startups are being held back by a lack of adequate domestic investment due to restrictive regulations of the government, according to industry veteran and Aarin Capital Chairman Mohandas Pai, who called for policy reforms and R&D investments to strengthen the ecosystem. Despite India being the world's third-largest startup hub, Pai cautioned that the country risks falling behind in global innovation unless these challenges are addressed. "We have 1,65,000 registered startups, 22,000 are funded. They created USD 600 billion in value. We got 121 unicorns, maybe 250-300 soonicorns. "The biggest issue for startups is the lack of adequate capital. For example, China invested USD 835 billion in startups and ventures between 2014 and 2024, US invested USD 2.32 trillion. We just put in USD 160 billion, out of which possibly 80 per cent came from overseas. So local capital is not coming in," Pai said in an interview to PTI. Pai pointed out that, unlike the US, where insurance ...

Funding in climate-tech startups cools but VCs signal a greener future

Funding in India's climate-tech startups fell from $2.4 billion in 2022 to $1.5 billion in 2024, with capital needs, scale issues and slow adoption posing key challenges

With an eye on IPO, 5 startups in process of reverse-flipping: Bay Capital

Metrics such as customer acquisition cost (CAC), lifetime value (LTV) and retention rates are now well understood, making it easier for startups to communicate their value propositions

India PE/VC investments dip 14% in Q1 amid cautious sentiment: Report

Number of deals down 20% Y-o-Y to 284 in this period

Payments firm Juspay raises $60 mn days after open-sourcing routing layer

The Bengaluru-based company, which operates as a technology service provider (TSP), plans to strengthen its artificial intelligence capabilities

Startup Mahakumbh 2025: Registration, time and what's new this year?

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

Tech startups raise $2.5 bn, India ranks 3rd among top-funded geographies

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

TrueFoundry secures $19 million to transform AI deployment at scale

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

Fintech firm Cashfree Payments raises $53 mn in fresh funding round

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 Systems secures Rs 60 crore in Series B to drive global expansion

VuNet's observability solution, built using big data and machine learning, helps to monitor business journeys and improve payment experience of users

Spacetech startup OrbitAID raises $1.5 million in pre-seed funding round

OrbitAID plans to use the funds to conduct an in-space demonstration of docking and refuelling operations, expand facilities for on-orbit servicing operations

India's tech funding grows 6%, number of deals falls 31.5% to 1,448 in 2024

Quick commerce platform Zepto led major funding rounds this year, raising a total of $1.35 billion

Indian startups to boost hiring by 20-30% in 2025 as funding improves

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

SolarSquare raises $40 million in series B funding from Lightspeed

Company plans to use the funding to expand its operations, hire talent, and for brand building

Zepto to raise $300 mn, doubling initial target amid quick commerce battle

The funding round, oversubscribed by prominent investors, will include top Indian family offices and ultra-high net worth individuals

VC funding for Indian startups up 42% to $6.3 bn in Jan-July: GlobalData

Investment growth despite a cautious global investment climate, says analytics company

Neuron7.ai secures $44 million in Series B led by Smith Point Capital

The firm operates in Bengaluru and plans to scale operations in India, targeting 10x growth in 2024

Visa processing platform Atlys raises $20 million in Series B funding

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