Posts that explain reports that we release periodically around unlisted markets. All reports are downloadable freely from privatecircle.co.
₹567 Cr Raised Across 19 Deals | QpiAI, Fractal, and Burger Singh Lead the Pack India’s startup funding momentum held steady in the second week of July, with ₹567 Cr raised across 19 disclosed deals. While deal volume stayed healthy, capital concentration shifted away from mega-rounds and into a more balanced mix of deeptech, QSR,…
Read more
India’s fintech ecosystem has undergone a radical transformation in the past decade. As traditional banks grapple with legacy systems, high documentation requirements, and a preference for prime customers, millions of underserved and new-to-credit users have been left behind. This vacuum has been quickly filled by nimble digital lending startups that use technology to assess, approve,…
Read more
India’s private funding ecosystem continues to pulse with momentum. Between July 04 and July 10, 2025, Indian startups raised a total of ₹769 Cr across 22 disclosed deals. While the number of deals was moderate, the top 5 alone contributed over 80% of the capital raised, driven by fintech, healthtech, SaaS, and embedded finance. Here’s…
Read more
Two fintech giants. Two growth playbooks. One digital economy. In the heart of India’s $1Tn+ digital commerce revolution, two companies are redefining how businesses transact, bank, and grow: Pine Labs and Razorpay. While one built its empire through POS terminals across retail counters, the other scaled through APIs powering the internet economy. As India moves…
Read more
India is undergoing a quiet but powerful shift in defense and aerospace. Leading this transformation is a homegrown deep-tech player; Raphe Mphibr, a Noida-based startup redefining what it means to build drones for both combat and humanitarian use. Raphe is doing more than just manufacturing drones. It is creating the critical systems that will define…
Read more
Over the past decade, India has witnessed a dramatic transformation in its entrepreneurial landscape. Driven by digitization, policy reforms, and a surge in startup culture, new company incorporations have become a critical indicator of regional economic momentum. This report analyzes incorporation trends across India’s top Tier 1 and Tier 2 cities, based exclusively on Ministry…
Read more
India is fast emerging as a global hub for artificial intelligence and deep tech innovation. Gone are the days when Indian startups merely built consumer apps or outsourced tech services. Today, a new generation of R&D-heavy companies is laying the groundwork for AI infrastructure, foundational models, and indigenous IP that can compete globally. This shift…
Read more
A Deep-Dive Into India’s Fastest-Scaling Digital Lender for Small Businesses Why SME Lending Matters Small and Medium Enterprises (SMEs) are the backbone of India’s economy. They contribute over 30% to the GDP and account for nearly half of the country’s exports. Yet, they remain vastly underserved when it comes to credit access. According to the…
Read more
After transforming how India sleeps, Wakefit is ready for a new milestone, its ₹468 Cr IPO. From selling mattresses online to building a full-blown D2C lifestyle brand, Wakefit’s journey has been anything but sleepy. Now, it wants to scale stores, deepen distribution, and challenge the legacy furniture giants, with public capital backing it up. So…
Read more
India’s legal system is undergoing a quiet digital revolution, and at the heart of it lies legal tech. Once dominated by paperwork, court delays, and inaccessible legal help, the industry is now being transformed by startups that blend law with technology. From AI-powered contract analysis to digital compliance dashboards, legal tech startups in India are…
Read more