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2 mins read

DPIIT recognises 1.40 lakh entities as startups as on June 30, 2024

Under Fund of Funds for startups, Rs 805.86 crore was invested in the startups by supported AIFs (A…

PTI   


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Startups demand angel tax elimination, incentives on investments in upcoming budget

Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…

ANI   


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Aereo, India's leading commercial drone solutions startup, secures USD 15 million in Series B funding round

The round saw participation from long-standing investors StartupXseed Ventures and Navam Capital.

ANI   


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4 mins read

Could India host 200+ unicorns in next five years? Hurun index identifies 46 gazella and 106 cheetah startups

India's startup ecosystem is thriving with 67 unicorns as of 2024, with 152 startups poised to achi…

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Defence ministry allocates Rs 300 cr for technology development fund to promote Make in India products

The Ministry of Defence has sanctioned over Rs 300 crore through its Technology Development Fund (T…

ANI   


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Abolition of angel tax a landmark reform benefiting India's startup ecosystem; will attract global investors: USISPF

The USISPF said this action creates parity between domestic and foreign players and will be an impo…

PTI   


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1 min read

AI startup Neysa raises $20 mn from Matrix Partners, Nexus Venture Partners & more

AI cloud and platform-as-a-service (PaaS) startup Neysa on Wednesday said it has raised $20 million…

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4 mins read

Indian startups raise $3.1 Billion in VC funding in four months even as funding winter continues in the West

Indian startups raised $3.1 billion in VC funding during the first four months of 2024, marking a Y…

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Record drop in future unicorns as funding winter, regulatory actions bites startup valuations

The number of unicorns — startups valued at over USD 1 billion — slipped by one to 67 in 2023. The …

PTI   


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4 mins read

India’s fintech funding shrinks over 60% to $2 billion

In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…

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4 mins read

Founders that pitch on Shark Tank can do better than those who come from IIT or IIM, says Anupam Mittal

Unlike elitist founders who are used to being served everything on a platter, the aspirants on Shar…

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5 mins read

A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …

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1 min read

VC firm Accel to nurture eight early-stage startups in India

Leading venture capital firm Accel on Thursday announced eight early-stage startups in India which …

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1 min read

Fintech firm Perfios becomes India's second unicorn of this year

B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million…

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4 mins read

Startups in 2024: Innovation can't override a profitable bottom line

In 1999, amidst the dot-com frenzy, Warren Buffett's prophetic words at the Allen-Sunny Valley Conf…

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2 mins read

Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’

It has been a tough few years for India’s flagship entertainment industry, Bollywood! Very few movi…

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3 mins read

Zephyr Peacock India looks to raise $200 mn in the midst of funding winter

Global investors are still interested in India’s private markets. New York-based global investment …

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1 min read

Indian startups on track to raise $8-12 billion this year: Peak XV MD Rajan Anandan

Indian startups are expected to raise USD 8-12 billion this year, a top official of venture capital…

PTI   


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3 mins read

2023: The year that startups started to grow up

The year of 2023 was tough for many startups which had to survive without the VC funding bottle. Un…

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5 mins read

With the onset of funding winter, founders are now better behaved, says Mukul Gulati of Zephyr Peacock

With the go-go days of funding behind us, private equity players say that founders are no longer be…