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
Eruditus, the parent company of Emeritus, raises funds from investors led by TPG’s The Rise Fund; to invest in AI products and the growth of enterprise businesses
Tech ecosystem sees 12 funding rounds exceeding $100 million in 2024 year-to-date, with Zepto raising $1 billion across two consecutive rounds
India accounted for around 7% share of the total number of VC deals announced globally during the period, according to latest data by GlobalData
Retail, fintech, and enterprise applications were top-performing sectors in Q1 2024, with enterprise applications receiving $448 million, a growth of 48% YoY
In the first two months of 2024, women-led startups raised $100 million in funding, close to $103 million raised in the first two months of 2023.
Only two new unicorns were created in 2023 — Incred and Zepto — as against 23 in the previous year.
Despite facing the challenges of a funding winter, India ranks as the "fifth highest funded country" in Q3 2023, says Tracxn’s Geo Quarterly Report
Angel investors bet on early-stage start-ups, crack the unicorn code, defying funding slowdown.
While the industry experienced sharp funding growth during FY22 which amounted to approximately $50 billion, onset of the funding winter caused a massive drop to nearly $15 billion in 2023