Page 3 - Startups In India

Atomic Capital closes ₹400 cr first fund for early growth consumer startups

Venture capital firm to invest in 10-12 homegrown consumer and consumer-tech companies, with focus on capital-efficient, sustainable growth models

India's much-maligned factory floor gets a radical deep-tech makeover

Deep-tech startups target $1.3 trillion manufacturing goal with robotics, AI, and precision engineering, as Indian manufacturing gets a much-needed technological reboot

Retail chain SuperK raises Rs 100 cr from Binny Bansal, Sacheti and others

SuperK to use Series B funding to expand its tech-driven franchise network across 300 towns, targeting underpenetrated retail markets in AP, Telangana and Karnataka

Google, IIT Bombay team up to build Indic language AI speech models

Google has partnered with BharatGen at IIT Bombay to build AI models for Indian languages, support local startups, offer free AI tools to students, and expand training for developers in India

Indian techie accused by 5 US CEOs of scamming startups: What did he do?

Soham Parekh, an Indian software engineer, has been accused by five US startup founders of moonlighting and lying his way into multiple jobs under false credentials

Eggoz raises $20 mn in series-C funding to scale India's branded egg biz

Backed by Gaja Capital, Eggoz aims to expand its footprint, build supply chain tech, and compete in India's $12 bn egg market with traceable, hygienic products

Startups use AI, omnichannel push to expand globally, reach deeper locally

A report by Meta in collaboration with Alvarez & Marsal India outlines six key strategies fueling scale, as young firms expand globally and deepen domestic reach

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

Agnikul, GalaxEye, ePlane Co among 10 Indian startups on WEF list

Indian startups in AI, space tech, energy and data analytics make it to WEF's 2025 top 100 list, affirming India's rising presence in deep-tech innovation

Operator-led startups outpace peers in funding speed and deal size

A Tracxn report commissioned by RTP Global finds operator-led startups outperform others in funding speed, size and Seed-stage success across 2022-24 in India

Quadria closes $1.07 bn healthcare fund, seeks growth in India and S Asia

Singapore-based company says it has largest dedicated healthcare PE fund for South and Southeast Asia

360 ONE Asset launches Rs 500 cr VC fund to tap early-stage startups

360 ONE Asset's Rs 500 crore VC fund will invest in seed and Series A startups across sectors including AI, fintech, spacetech, defence, and precision manufacturing

CloudSEK raises $19 million for AI-led innovation, global expansion

CloudSEK secures funding from Indian and US investors to boost AI capabilities and expand internationally, with the US emerging as its fastest-growing revenue region

IndusInd Bank signs pact with AIC STPINEXT to support startups, MSMEs

IndusInd Bank on Monday said it has signed a pact with AIC STPINEXT to provide early-stage startups and MSMEs essential financial solutions and structural support. AIC STPINEXT is a special purpose vehicle of Software Technology Parks of India (STPI) under the Ministry of Electronics and Information Technology (MeitY). "Under this collaboration, IndusInd Bank will deliver a range of tailored banking solutions to support early-stage startups associated with STPI/STPINEXT. "The Bank will offer a specialized Current Account product with no quarterly average balance requirement, making it easier for startups to manage their finances," IndusInd Bank said in a regulatory filing. Additionally, the Bank will offer support such as expert guidance, and conduct workshops around financial management including banking basics, equity infusion, Employee Stock Ownership Plan (ESOPs), segment-based funding etc. To further support operational efficiency, the bank will offer payroll and attendance .

Delhi govt to set up food incubators, hi-tech labs to boost startups

The Delhi government will set up two new incubation centres for micro food processing firms and three advanced technology labs for startups, Industries Minister Manjinder Singh Sirsa said on Saturday. Under Prime Minister Narendra Modi's flagship PMFME scheme, Rs 4.5 crore will be invested in food processing incubators at Delhi Skill and Entrepreneurship University's World Class Skill Centres in Jhandewalan and Wazirpur. Delhi Skill and Entrepreneurship University has already received an initial Rs 50 lakh tranche and begun procuring bakery line equipment, Sirsa said. He also said that separately, a Rs 3.06 crore corporate social responsibility grant from the Delhi State Industrial and Infrastructure Development Corporation will finance two Internet of Things labs and a fabrication lab on Netaji Subhas University of Technology's East and Main campuses. The facilities will offer prototyping, testing and upskilling support to students, faculty and local entrepreneurs, he added. Unde

Zopper eyes expansion after raising $25 mn, IPO likely in 3-5 years: COO

Insurtech firm Zopper is currently focussed on scaling up its operations and may consider going public in the next 3 to 5 years, a top company official said. The company has recently raised USD 25 million in growth capital from investors to accelerate its expansion and invest in new-age technology. "As such, our business has a positive gross margin. But in a growth company, you keep investing the profits into future growth, which we have also been doing for many years," Zopper co-founder and Chief Operating Officer Mayank Gupta told PTI. He also said the company is not looking to break even at this stage but is instead investing every earned money towards expansion. "If we want, we can break even today, but that will mean that we stop investing in the future, and growth will become stunted," he said. The B2B insurance infrastructure company is even open to inorganic routes for expansion. "We are not actively looking at any acquisition, but keep doing a sense check of the market.

Govt clears revised credit guarantee scheme for startups, max cover ₹20 cr

The government on Thursday approved a revised Credit Guarantee Scheme for Startups (CGSS), under which the maximum guarantee cover per borrower has been doubled to Rs 20 crore. The broad objective of CGSS is to provide guarantee up to a specified limit against credit instruments extended by member institutions to finance eligible startups. This scheme would help provide the much needed collateral-free debt funding to startups, the department for promotion of industry and internal trade (DPIIT) said in a notification. This notification supersedes the earlier notification dated October 6, 2022 on the scheme and comes into effect from May 8. "Maximum guarantee cover per borrower shall not exceed Rs 20 crore," it said. It was earlier Rs 10 crore. Member institutions include a financial intermediary (banks, FIs, NBFCs, AIFs) engaged in lending/investing and conforming to the eligibility criteria duly approved under the scheme. To further catalyse entrepreneurship by providing enhanced

HexaHealth closes Series A round of $12 mn to redefine India surgical care

Other participants included Enzia Ventures and ITI Growth Opportunities Fund, along with existing investors Chiratae Ventures and Omidyar Network India

Uniqus Consultech raises $20 mn in Series C funding, round led by Nexus

The round was led by Nexus Venture Partners, with participation from Sorin Investments. Both are existing investors in the company

India's agrifoodtech startups raised $2.5 bn in 2024, 3X rise from 2023

Investments in India's agrifoodtech startups jumped over 3-fold to USD 2.5 billion last year, driven by funds raised by quick commerce company Zepto, according to a report. Omnivore, in collaboration with AgFunder, a global investment platform, on Wednesday released a report titled 'Developing Markets AgriFoodTech Investment Report 2025'. As per the report, investment in India's agrifoodtech startups stood at USD 2.5 billion in 2024 as against USD 806 million in the preceding year. Zepto raised USD 1.4 billion last year in multiple rounds. "Top rounds for India in 2024 highlight continued investment into eGrocery and restaurant-related startups, which are well-suited to the country given its dense urban settings and high population. Midstream Technologies has also been a high-performing category for India agrifoodtech investment," the report said. According to a statement, agrifoodtech investment in developing markets reached USD 3.7 billion in 2024, up 63 per cent from 2023 and .