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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Posts that explain reports that we release periodically around unlisted markets. All reports are downloadable freely from privatecircle.co.
Aerospace & Defense Sector 2025 – A Strategic Growth Snapshot
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…
Read moreMonthly Funding Summary: Highlights & Insights from May 2025
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 moreEuler Motors: Charging Ahead in India’s Electric Cargo Vehicle Revolution
Driving 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,…
Read moreAther Mafia 2024 – India’s Rising Entrepreneurial Wave
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….
Read moreIndia Startup Funding Report (May 9–15, 2025)
₹1,357 Cr raised across 18 deals Indian startups continued to attract investor interest in the second week of May 2025, securing a total of ₹1,357 crore across 18 disclosed deals. From MSME platforms to hygiene product manufacturers and AI tech service providers, funding this week reflected a diverse and maturing ecosystem. Here’s a breakdown of…
Read moreUrban Company: From Plumbers in Delhi to IPO Dreams
In 2014, three IIT graduates—Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra—faced a frustratingly common problem: finding a reliable plumber. What followed was UrbanClap, now Urban Company, India’s largest tech-enabled home services marketplace. A decade later, the company is prepping for an IPO—backed by marquee investors and data that shows a bold, if loss-laden, growth…
Read moreMonthly Funding Recap: April 2025
April 2025 saw Indian startups attract robust investor interest, signaling a vibrant start to FY26. The month recorded a significant uptick in both deal volume and deal value, highlighting growing confidence among investors. Bangalore startups raised the highest cumulative funding in April 2025 reaching ₹ 4485 cr (27 deals). This was followed by Delhi NCR…
Read moreAther Energy: Accelerating India’s EV Revolution
Ather Energy, a Bengaluru-based electric vehicle (EV) startup, has emerged as a significant player in India’s rapidly evolving EV landscape. Founded in 2013 by IIT Madras alumni Tarun Mehta and Swapnil Jain, Ather has been at the forefront of designing and manufacturing intelligent electric scooters, notably the Ather 450 series. Financial Performance In the fiscal…
Read moreDrone Manufacturing and Management Sector 2025: An In-Depth Analysis
The drone manufacturing and management sector in India has gained considerable momentum, driven by regulatory tailwinds, increasing defense and commercial demand, and significant investor interest. This report provides a detailed analysis of key funding, valuation, and operational trends shaping the sector in 2025. Company Stages: Funding Activity Overview The first quarter of FY2025 was the…
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