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 July 2024 marked a dynamic month for the Indian startup ecosystem, showcasing a notable increase in both deal volume and total funding raised. With ₹8,865 crores in total funding across 99 deals, the month exhibited a strong recovery and growth compared to previous periods. Let’s delve into the highlights of the month, key trends,…
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