In the ever-evolving landscape of India’s private market, startups are continuously making waves with innovative solutions to everyday problems. One such rising star is Iluvia Professional, a brand that has caught the attention of major venture capitalists, including Fireside Ventures and Multiply Ventures. Founded in 2015 by Nishant Gupta and Palash Pandey, Iluvia is tackling…
Read moreAuthor: Ananth Monnappa
The Rise of Ola Mafia: Unveiling Its Valuation and Sectoral Spread
The Ola Mafia is a remarkable phenomenon in the Indian startup ecosystem, where former employees of Ola have gone on to establish their own successful ventures. As of July 17, 2024, these companies have made significant strides across various sectors, collectively creating immense value and job opportunities. This report delves into the collective valuation of…
Read moreIndian Consumer Finance 2024: A Comprehensive Overview
The Indian consumer finance sector has witnessed significant activity and transformation over the past few years. The latest report, covering the period from Q1 2022-23 to Q4 2023-24, provides an in-depth analysis of funding trends, investor participation, regional performance, and sector-specific insights. Let’s dive into the key findings and understand the dynamics shaping this vibrant…
Read moreCity-Wise Startup Funding Recap: June 2024
In June 2024, the startup funding landscape saw significant activity, with Delhi NCR leading the charge in funding, followed by Bengaluru and Kolkata. Tier 2 and 3 cities like Jaipur and Bhopal also made notable contributions, reflecting a broader geographical spread of startup activity. Key Highlights: Delhi NCR Leads the Pack Delhi NCR emerged as…
Read moreStartup Funding Recap: June 2024
Overview June 2024 was a dynamic month for Indian startups, with significant funding activity. The month saw a total of ₹7,056 crores raised across 111 deals. This represents a robust ecosystem that continues to attract substantial investor interest despite broader economic uncertainties. Notably, most of the reported deals were sourced from press reports, as the…
Read moreThe Rise of NoPo Nanotechnologies: Pioneering a Greener Future
NoPo Nanotechnologies is making waves in the tech world with its recent $3 million funding from Inflexor Ventures and Micelio Fund. Specializing in high-purity single-walled carbon nanotubes (SWCNTs), NoPo aims to revolutionize industries like aerospace, automotive, and renewable energy. These nanotubes offer remarkable strength, electrical conductivity, and thermal stability, making them ideal for a range…
Read moreZoho Mafia 2024: The Rising Titans of the Indian Startup Ecosystem
In the dynamic world of Indian startups, a unique group known as the “Zoho Mafia” has emerged as a force to be reckoned with. Much like the PayPal Mafia in Silicon Valley, this cohort comprises former Zoho employees who have ventured out to create their own successful enterprises. Let’s dive into the fascinating journey of…
Read moreAroa Ventures’s Portfolio Overview 2024
Aroa Ventures is the family office of OYO’s founder Ritesh Agarwal, focused on growth-stage businesses. With assets under management totalling ₹418 Cr and a portfolio boasting combined revenues of ₹23,858 Cr, Aroa Ventures is a key player in the industry. The firm focuses on investments ranging from ₹4 Cr – ₹41 Cr, having made 45…
Read moreCity-Wise Startup Funding Recap: May 2024
In our latest report for May 2024, we delve into the data to reveal the emerging trends shaping the startup ecosystem across major Indian cities. Highlights: Top Ten Cities Deal Size (₹ cr) Delhi NCR raised the maximum funding in May followed by Bengaluru, Mumbai and Chennai. In terms of tier 2 & 3 cities,…
Read moreStartup Funding Recap: May 2024
The startup ecosystem experienced significant fluctuations in May 2024. While total funding reached ₹4,398 crores across 100 deals, there was a notable 46% decline in amount raised from the previous month. However, this downturn is offset by a year-over-year growth of 33%, indicating a robust increase in funding activity over the past 12 months. Highlights…
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