Posts that explain reports that we release periodically around unlisted markets. All reports are downloadable freely from privatecircle.co.
India’s MSME sector is the backbone of the economy, contributing roughly 30 % of GDP and employing over 110 million people. Yet chronic credit gaps remain. Traditional banks are often risk-averse; informal lenders are prohibitively expensive. In this void, NBFC startups are emerging as the new frontier, combining technology, alternative data, and customer-centric credit models…
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Introduction India’s robotics and automation landscape is no longer futuristic; it’s a fast-scaling reality. With applications spanning consumer education, warehouse logistics, cardiac surgery, sanitation, solar cleaning, and defence, robotics is moving from niche pilots to mainstream deployment. These startups represent the intersection of hardware, AI, and industrial design, where high capital intensity is matched by…
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If there’s one question people often ask, it is this: “Who’s got my delivery?” And most of the time, logistics is the one that answers. To start with, from groceries ordered late at night to big shipments crossing ports, logistics has always been important. But in the last few years, things have changed a lot….
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Introduction October 2025 marks a significant surge in corporate borrowing among India’s unlisted companies, led by large-scale investments in technology, housing finance, real estate, and renewable energy. At the forefront is Cg Semi Private Limited, securing ₹8,400 crore, indicating a growing strategic push toward semiconductor self-reliance. Close behind, Tata Capital Housing Finance continues to fuel…
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October closed on a strong note for India’s private markets, with investors doubling down on themes such as renewable manufacturing, digital credit infrastructure, enterprise automation, and electric mobility. Despite a selective funding environment, founders who demonstrate regulatory readiness, operational discipline, and scalable unit economics continued to draw meaningful capital. This month, late-stage rounds dominated headlines,…
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India’s real estate sector is undergoing a digital transformation, from listings and brokerage to rentals and resale management. These five PropTech and Real Estate Operations (RE Ops) platforms are shaping the housing revival through scale, technology, and trust. 1. Square Yards Technology Private Limited (Square Yards) City: GurgaonFounding Date: 2014FY 2024 Revenue: ₹1009.42 CrLatest Valuation:…
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Electronic Payment Solutions are the backbone of India’s digital economy. From UPI and payment gateways to API-led banking and embedded lending, these platforms ensure seamless transactions for millions of businesses and consumers every single day. With over 130 billion UPI transactions in FY24, India now operates the world’s largest digital payments ecosystem. This explosive growth…
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Introduction India’s waste management and recycling sector is undergoing a profound transformation, from an informal, fragmented system to a structured, technology-driven industry that supports the country’s circular-economy ambitions. Every year, India generates more than 62 million tonnes of solid waste, out of which nearly 70% is collected and only 20–25% is effectively treated or recycled….
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India’s sports and wellness ecosystem is undergoing a major transformation. Fitness is no longer just about gyms or diets; it’s about integrated platforms, AI-driven health tracking, community-first coaching, and accessible equipment. From metabolic biohacking wearables to grassroots sports enablers, these startups are redefining how Indians train, eat, and recover. Together, they are creating a healthier,…
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India’s coffee landscape is rapidly evolving. Once a niche for enthusiasts, it’s now a thriving lifestyle market driven by demand for premium, origin-led, and experience-focused brews. The speciality coffee segment, valued at USD 2.9 billion in 2024, is set to double by 2030 with a 13–14% CAGR (Grand View Research). The broader coffee market, including…
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