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…
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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…
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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…
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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…
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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…
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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,…
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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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In the ever-evolving world of e-commerce, a new player has emerged, not just to participate but to dominate. Meesho, a nine-year-old startup, has quickly outpaced giants like Amazon and Flipkart in user growth. With a sales run rate exceeding $5 billion and significant investments from heavyweights like Prosus, Softbank, and Peak XV, Meesho’s ascent is…
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Challenging the status quo and setting new benchmarks in the industry, Swiggy has emerged as a dominant player in the fast-paced world of food delivery. About Swiggy Swiggy Limited (formerly Bundl Technologies Private Limited) is a key player in India’s food delivery sector, offering a seamless platform for customers to order from nearby restaurants. Swiggy’s…
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Formed by ex-staff of the food delivery titan Zomato, this consortium of startups totalling 31 startups has garnered acclaim for its remarkable accomplishments, shaping the entrepreneurial terrain. Highlights of the Zomato mafia; Collective Valuation Blinkit makes the major portion of the collective valuation of ₹8,850 cr. We did a deep dive on Blinkit recently, check…
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