Posts that explain reports that we release periodically around unlisted markets. All reports are downloadable freely from privatecircle.co.
For decades, India’s military strength was paradoxical: a global powerhouse in manpower, but structurally dependent on foreign nations for its critical defence needs. Whether it was surveillance systems, loitering munitions, naval tech, or satellite propulsion, the heart of India’s defence capabilities came stamped with a foreign label. But not anymore. In the past few years,…
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India’s defence sector is undergoing a profound transformation. Traditionally one of the world’s largest arms importers, India is now witnessing a surge of private players building indigenous military technologies aligned with the vision of Atmanirbhar Bharat. Among the most compelling examples of this shift is Sanlayan Technologies, a Bengaluru-based defence electronics startup that’s rising fast…
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India’s digital wealth management story just hit another milestone. Groww, one of the most prominent fintech startups in the country, has raised $200 million in a Series F round at a staggering $7 billion valuation, confirming its place among India’s elite unicorns. More importantly, this round comes at a time when They reportedly tripled its…
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India’s aerospace and defence landscape is undergoing a silent revolution, led not just by traditional giants like HAL or BEL, but by nimble, innovation-first startups. Fuelled by liberalised drone policies, rising defence budgets, and the push for Atmanirbhar Bharat, the Indian drone market is projected to more than double from ~$654 million in 2024 to…
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In just 8 years, Vivriti Capital has emerged as one of India’s fastest-growing debt capital providers for mid-market enterprises. For those interested in Vivriti Capital: The Financial Story of India’s Emerging Mid-Market Lender, this report presents Vivriti Capital’s financial and strategic evolution from FY20 to FY25, detailing how the fintech NBFC scaled into a profitable,…
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India’s e-commerce sector is undergoing a digital revolution, fueled by increased internet penetration, affordable smartphones, and growing consumer aspirations across Tier II and III cities. While giants like Amazon and Flipkart have dominated the metro and upper-middle-class segments, a new breed of e-commerce players, such as Meesho, is emerging, built for Bharat. These platforms are…
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India’s aerospace and defense sector in 2025 signals a structural shift – away from isolated milestones and into a broad, consistent growth narrative. The Aerospace & Defense Sector 2025 truly represents a transformation. With ₹3,580+ Cr deployed across sub-sectors, a rise in diversified investor participation, and companies posting >70% growth over two years, the signals…
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After a strong rebound in April, which saw deal activity hit a 12-month high of 134 transactions, May 2025 witnessed a sharp pullback with only 99 funding deals in the Indian private markets, returning to the same volume last seen in February this year. Despite this, funding value remained robust, crossing ₹11,000 crore, showcasing that…
Read moreDriving the EV Logistics Revolution in India India’s electric mobility landscape is shifting gears fast, and Euler Motors is accelerating right at the center of it. When it comes to Euler Motors: Charging Ahead in India’s EV Cargo Race, the company has been making significant strides. In just three years, electric three-wheeler adoption has skyrocketed,…
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The “Ather Mafia” – former employees of the electric vehicle pioneer Ather Energy – has emerged as a significant entrepreneurial force, collectively achieving a valuation of ₹1,424.11 crores by May 2025. Prominent among these startups are Exponent Energy, Lectrix Technologies, and Bullwork Mobility, reflecting the group’s strong presence in the electric mobility and energy sectors….
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