Indian startups raise $8.3 bn in Q1-Q3, over 50% YoY growth
Growth in $100 mn plus big-ticket deals surges to 15; notable ones include Zepto, Meesho, PharmEasy, PhysicsWallah, OYO, and Radiance
Growth in $100 mn plus big-ticket deals surges to 15; notable ones include Zepto, Meesho, PharmEasy, PhysicsWallah, OYO, and Radiance
Rapido plans to use the fundraise to grow its operations across all categories, including bike-taxis, three-wheelers, and taxi-cabs.
Despite a fall on a year-on-year basis, funding in India’s tech startup space sees a 4% increase from $3.96 billion in H2 2023
Companies will face stiff competition from the retail sector for bank funding as retail loans face high demand and have higher yields relative to corporate loans, says Moody's.
Only two new unicorns were created in 2023 — Incred and Zepto — as against 23 in the previous year.
The present capital infusion builds upon the company's previous raise in 2022, bringing its total funding to $95 million, which is the largest ever for an Indian space-tech startup.
Investors and entrepreneurs have been overestimating the market, says the Infosys founder at the Fortune India 40 Under 40 Awards.
The overall figure of unicorns reduced to 83 from 84
Young Yuvraj Mahanaaryaman Scindia of Gwalior is a natural entrepreneur whose start-ups have already attracted funding — from events accompanied by music and food, as well as app.
Unit economics, scale, profitability and other classical principles of doing business take centre-stage for India Inc.'s GenNext leaders.