Posts that explain reports that we release periodically around unlisted markets. All reports are downloadable freely from privatecircle.co.
Rainmatter, backed by Zerodha, exemplifies the convergence of patient capital and impactful mentorship in driving innovation within India’s entrepreneurial ecosystem. With an emphasis on fintech, health, climate action, and storytelling, Rainmatter nurtures startups along with funding. The latest insights reveal how strategic investments are creating ripples across multiple sectors, reinforcing Rainmatter’s mission of sustainable, long-term…
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Aarin Capital, chaired by TV Mohandas Pai, operates as a proprietary venture fund with a strategic focus on technology-driven businesses in life sciences, healthcare, and education. The fund also supports entrepreneurial fund managers whose investment theses complement its primary areas of interest. This report provides data-driven insights into Aarin’s activities for FY 2024-25, highlighting key…
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In October 2024, India’s Tier 1 cities such as Bengaluru, Mumbai, and Delhi NCR led the startup funding landscape, raising a combined ₹6,205 crore across 80 deals. Tier 1 locations, known for established infrastructure and investor confidence, saw this funding mainly fuelled by VC/PE firms, accounting for 56 of the total deals. Notably, angel investors…
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Overview In October 2024, India’s startup ecosystem saw a funding flow of ₹7,948 crores across 108 deals, reflecting resilience in the face of global economic headwinds. This marks a 1% month-on-month increase in deal volume, although the deal value saw a 37% decline from the September high of ₹12,715 crores, indicating a shift in investor…
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Lenskart has emerged as a key player in India’s eyewear market, revolutionising accessibility to eye-care products across cities through its dual online and offline presence. Founded as an online eyewear portal, Lenskart has grown into a nationwide brand with over 320 stores across tier-1 and tier-2 cities, processing about 300,000 monthly orders. This reach and…
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The PhonePe Mafia, much like its Paytm and Flipkart counterparts, is a growing network of startups founded by ex-employees of the fintech giant. As of August 2024, the collective valuation of the PhonePe Mafia companies was an impressive ₹11,707.39 crores. This reflects not only the growing success of these companies but also the impact that…
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Overview The Indian retail sector has shown remarkable resilience and growth, with significant funding activity from Q2 FY 2023 to Q2 FY 2025. This comprehensive analysis dives into the evolving trends across company stages, investor participation, key locations, and sectoral performance. With late-stage companies attracting most of the capital, the industry’s landscape is marked by…
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Overview September 2024 witnessed a dynamic yet slightly declining phase for the Indian startup ecosystem in terms of funding activity. With total funding reaching ₹12,715 crores across 107 deals, the figures indicate a 13% dip from the previous month of August. However, compared to September 2023, both the deal volume and the total value represent…
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The Swiggy Mafia 2024 report offers a detailed snapshot of the burgeoning ecosystem spawned from the success of Swiggy, one of India’s leading food delivery platforms. The collective valuation of the Swiggy Mafia companies stands at an impressive ₹6,277.16 crore as of July 2024, highlighting the entrepreneurial spirit and innovation flourishing within this network. This…
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Overview The Indian personal products sector has seen dynamic growth from Q2 2023 to Q2 2024, marked by varying trends in funding, sector participation, and geographical dominance. While late-stage funding has consistently attracted the largest investments, early and seed-stage rounds have been more volatile. With Mumbai emerging as a dominant player in deal volumes and…
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