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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Posts that explain reports that we release periodically around unlisted markets. All reports are downloadable freely from privatecircle.co.
Monthly 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 moreMinimalist: From Startup to Standout in FY24
If you’ve been scrolling through social media looking for honest, science-backed skincare, chances are you’ve come across Minimalist. The brand that made “Transparency in Skincare” its core philosophy has done more than just clean up our skincare routines – it has made waves in India’s personal care industry. With a strong D2C + retail strategy…
Read moreIndian Automobile Sector: 2025 Deals Summary Report
The Indian automobile sector has been on quite the rollercoaster ride over the past couple of years. What started as a funding boom in FY2023 Q4 – hitting a peak of ₹7,058 crore – has since taken a winding road downhill, landing at ₹2,164 crore in FY2025 Q3. Investors seem to be pressing the brakes,…
Read moreMonthly Funding Recap: January 2025 – A Strong Start to the Year
India’s Private Markets is off to a powerful start in January 2025, with ₹9,482 crore ($1.1 billion) raised across 141 deals. This shows robust investor confidence and a thriving market. Let’s break it down and take a look at the highlights from January, using some real-world insights to add color to the numbers. City-Wise Funding…
Read moreMokobara’s Journey: From Startup to Standout in the Luggage & Gear Industry
In the bustling world of travel gear, one brand has been making waves with its innovative designs and impressive growth trajectory. Let’s explore Mokobara‘s performance in the fiscal year 2024 (FY24) and explore what sets this company apart in the competitive luggage market. A Snapshot of FY24 About Mokobara Founded in 2020 by former Urban…
Read moreCred Mafia 2024
CRED, founded in 2018 by Kunal Shah, is an Indian fintech company based in Bengaluru. It operates as a members only platform that rewards individuals for timely credit card bill payments, offering exclusive perks and privileges to its users. The term CRED Mafia refers to the network of startups (16+) founded by former CRED employees….
Read moreStartup Funding Recap: December 2024
The year 2024 ended with some exciting developments in India’s startup world. December 2024 showcased the resilience and strategic growth of the ecosystem, setting a strong tone for 2025. Let’s break it down: Blog Outline | Data and Insights by PrivateCircle Research Job Creation & Economic Impact Mumbai led the way in December, raising ₹3,072…
Read moreAnnual Deal Summary Report 2024
PrivateCircle Research offers an in-depth look at India’s private market in 2024-a year defined by strategic investments, record-breaking deals, and a maturing startup ecosystem. Here are the key highlights: Startup Funding Soars to ₹1,00,154 Cr In 2024, Indian startups raised an impressive ₹1,00,154 crore, even as the total deal count dipped to 1,321. This reflects…
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…
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