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1 min read

First 7 months of FY25 see significant surge in VC funding to India's startups: GlobalData

India's startup ecosystem experienced a surge in venture capital (VC) funding during the first seve…

ANI   


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3 mins read

Fearless Virender Sehwag aims to back bold entrepreneurs through his strategic investment in a major venture builder

Sehwag aims to support budding entrepreneurs, indicating the growing interest in India's startup ec…

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2 mins read

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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11 under-30 founders named in Hurun India’s Future Unicorn Index 2024

Hurun India, through its Future Unicorn Index 2024, has shined a spotlight on India’s 11 trailblazi…

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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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Minicorns, Unicorns tripled in USD 100 billion Indian fintech ecosystem: BCG, Z47

The Fintech ecosystem of the country now cumulatively valued at over USD 100 billion, is at a pivot…

ANI   


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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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3 mins read

India to host Global India AI Summit 2024 in New Delhi on July 3-4

According to a press release by the Ministry of Electronics and IT, the summit aims to foster colla…

ANI   


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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…

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India marked 1.4 lakh registered Startups; UP ahead of Gujarat and closer to Delhi

The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of …

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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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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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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EV startup Vidyut raises $10 mn to build full-stack ecosystem

EV startup Vidyut on Tuesday said it has raised $10 million in its Series A fundraise (a mix of equ…

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2 mins read

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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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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2 mins read

India's defence exports surge to Rs 210 billion after global shift towards China+1, Russia-Ukraine war: Report

India's defence exports have surged from Rs 15 billion in 2017 to Rs 210 billion in 2024, registeri…

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4 mins read

Global investors eyeing India, don't miss this 'golden chance': PM to India Inc.

Prime Minister Narendra Modi on Tuesday said India is firmly on the path to becoming the world's th…

PTI   


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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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2 mins read

Maruti Suzuki invests in machine learning, artificial intelligence startup Amlgo Labs

With this, Maruti Suzuki will own an equity stake of over 6.44 per cent in the startup, the automak…

ANI