Deals Roundup (Jul 18–24, 2025): ₹656 Cr Raised Across 16 Startup Bets India’s venture ecosystem remained resilient in the third week of July, clocking ₹656 Cr in total capital raised across 16 disclosed startup deals. The week saw a healthy mix of early-stage innovation and large-format bets across sectors like semiconductors, real estate, rural commerce,…
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The IPO Watchlist: Indian Startups Filing Soon
A fresh wave of Indian startups is lining up to hit the public markets. As you compile your IPO Watchlist, here’s what investors need to know from who’s next to who’s winning. The startup party is changing venues from private rounds to public markets. After years of VC funding and growth at all costs, many…
Read moreThe Engine of Indian Lending Is IPO-Ready: Meet Perfios
In 2008, when most Indian fintechs were still a distant dream, Perfios was quietly laying the foundation for what would become the core digital plumbing of the financial sector. Founded by Debasish Chakraborty and V. R. Govindarajan, Perfios began with a bold but unglamorous vision: to clean, structure, and analyze messy financial data at scale….
Read moreBig Loans, Bigger Ambitions: India’s 10 Debt-Funded Startups
In India’s startup ecosystem, 2024–25 was a year of financial recalibration. With venture capital flows slowing and equity valuations facing a reset, many founders found themselves at a crossroads: scale back, raise equity at lower valuations, or find a smarter alternative. A growing number chose the third path. Instead of tapping VCs, these startups turned…
Read moreWeekly Deals Tracker (July 11- July 17, 2025)
₹567 Cr Raised Across 19 Deals | QpiAI, Fractal, and Burger Singh Lead the Pack India’s startup funding momentum held steady in the second week of July, with ₹567 Cr raised across 19 disclosed deals. While deal volume stayed healthy, capital concentration shifted away from mega-rounds and into a more balanced mix of deeptech, QSR,…
Read moreBorrow Now, Scale Later: How Fibe and KreditBee are Redefining Credit in India
India’s fintech ecosystem has undergone a radical transformation in the past decade. As traditional banks grapple with legacy systems, high documentation requirements, and a preference for prime customers, millions of underserved and new-to-credit users have been left behind. This vacuum has been quickly filled by nimble digital lending startups that use technology to assess, approve,…
Read moreWeekly Deals Tracker: Indian Startups Raise ₹769 Cr Across 22 Deals (Jul 04–July 10, 2025)
India’s private funding ecosystem continues to pulse with momentum. Between July 04 and July 10, 2025, Indian startups raised a total of ₹769 Cr across 22 disclosed deals. While the number of deals was moderate, the top 5 alone contributed over 80% of the capital raised, driven by fintech, healthtech, SaaS, and embedded finance. Here’s…
Read morePine Labs vs Razorpay: Battle for India’s Fintech Frontier
Two fintech giants. Two growth playbooks. One digital economy. In the heart of India’s $1Tn+ digital commerce revolution, two companies are redefining how businesses transact, bank, and grow: Pine Labs and Razorpay. While one built its empire through POS terminals across retail counters, the other scaled through APIs powering the internet economy. As India moves…
Read moreRaphe Mphibr: India’s Drone Decade Takes Flight
India is undergoing a quiet but powerful shift in defense and aerospace. Leading this transformation is a homegrown deep-tech player; Raphe Mphibr, a Noida-based startup redefining what it means to build drones for both combat and humanitarian use. Raphe is doing more than just manufacturing drones. It is creating the critical systems that will define…
Read moreTier-2 Momentum, Tier-1 Muscle: How India’s Startup Geography is Shifting
Over the past decade, India has witnessed a dramatic transformation in its entrepreneurial landscape. Driven by digitization, policy reforms, and a surge in startup culture, new company incorporations have become a critical indicator of regional economic momentum. This report analyzes incorporation trends across India’s top Tier 1 and Tier 2 cities, based exclusively on Ministry…
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