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…
Read moreAuthor: Yatti Soni
What is driving the EV funding surge in India? | It’s a big deal Ep #20
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…
Read moreMonthly Funding Recap: February 2025
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…
Read moreMore employees left unicorn startups than joined between Aug 2023 – Aug 2024: PrivateCircle Research
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…
Read moreHow many attempts does it take to build a unicorn?
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%…
Read moreHow long does it take Indian startups to become a unicorn?
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…
Read moreCity-Wise Startup Funding Recap: July 2024
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…
Read moreUnicorn Founder Salaries in 4 Charts
Your startup has just hit over a billion dollars in valuation and there are a couple of million dollars in the bank – how much do you pay yourself? Let’s see what the data says. The median annual salary for Indian unicorn founders in FY23 was Rs 1.5 crores. Of course, there are some outliers…
Read moreHow much money do IPL teams make?
If cricket is a religion in India, Indian Premier League (IPL) is an important festival for its followers. This Twenty20 cricket league is organised annually where 10 Indian city-based teams compete for the winner’s trophy. In December 2022, consulting firm D and P Advisory estimated IPL’s valuation at $10.9 billion. Like any festival, IPL too…
Read moreHow long does it take Indian unicorns to exit?
Whether it is Zomato’s bumper IPO, or Blinkit’s strategic acquisition, Indian startup ecosystem has hit an inflection point. We have transitioned from celebrating big funding rounds to now anticipating startup exits. Some say it is a sign of maturing ecosystem. Others see it as a direct impact of investors demanding a clear path to profitability…
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