India’s digital payments journey is incomplete without Juspay, a company that has quietly built the infrastructure behind billions of UPI and card-based transactions. Founded in 2012, Juspay’s growth is a masterclass in scaling deep-tech products that power the financial plumbing of India’s internet economy. 🔍 1. Financial Snapshot (FY24) Despite scaling revenue 39x over the…
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India’s private markets heated up this past week, with ₹1,660 Cr raised across 28 deals between April 11 and 17, 2025. While the volume remained steady, the value was concentrated among a handful of large-ticket raises—particularly in energy, electronics, and aerospace. Let’s unpack the Top 5 deals that powered this week: 1. Goldi Solar Private…
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India’s startup ecosystem has witnessed remarkable growth, with numerous companies achieving unicorn status—valuations exceeding $1 billion. However, profitability remains a key differentiator among these giants. Based on the latest available financial data, here are the top 10 most profitable unicorns in India, highlighting their Profit After Tax (PAT) figures: These profitable unicorns exemplify the potential…
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Until a few years ago, India was primarily seen as a market for investment, but exits remained a challenge. Over the past five to seven years, public markets have emerged as a viable exit route for many General Partners (GPs), and strategic exits have also gained traction. However, liquidity constraints still pose challenges, prompting the…
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India’s EV funding landscape is witnessing an unprecedented surge, reshaping the country’s automobile sector. Between Q3 FY23 and Q3 FY24, Indian electric vehicle (EV) startups attracted a massive ₹24,741 crores in funding, accounting for 95% of deal volume in the automobile sector. This remarkable growth highlights the increasing investor confidence in India’s EV market. What’s…
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The Indian private market recorded a total investments of ₹10,330 crore across 99 deals in in February 2025. While this was lower than the December 2024 peak of ₹19,788 crore, it still shows strong investor confidence early in the year. How Many Deals Happened? After a strong finish in December 2024 (142 deals) and January…
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Unicorn startups are huge employers in the country. In August 2024, India’s 116 unicorns collectively employed 4,10,829 people, a drop from 4,17,561 just a year earlier. While these numbers might seem like small ripples in a vast ocean, they reflect larger trends around hiring efficiency, attrition, and regional workforce dynamics. According to an analysis by…
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India’s startup ecosystem has grown rapidly over the last decade, producing more than 100 unicorns – companies valued at over $1 billion. While the spotlight often shines on these unicorns’ market dominance and innovation, an equally compelling story lies beneath: the entrepreneurial journey of the founders. According to an analysis by PrivateCircle Research, about 60%…
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Indian startups typically take a median of 7 years from incorporation to achieve unicorn status (companies with a valuation of $1 billion or more). However, each business is different and so are their growth trajectories. For instance, Ananth Narayanan-led Mensa Brands became a unicorn in just 6 months, while Five Star Business Finance took over…
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The startup ecosystem in India continues to evolve dynamically, with significant fluctuations in funding patterns across various city tiers. In July 2024, the landscape showcased a blend of traditional powerhouses and emerging hubs, with notable shifts in investor activity and deal sizes. This blog delves into the city-wise startup funding recap for July 2024, highlighting…
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