In our latest report for May 2024, we delve into the data to reveal the emerging trends shaping the startup ecosystem across major Indian cities. Highlights: Top Ten Cities Deal Size (₹ cr) Delhi NCR raised the maximum funding in May followed by Bengaluru, Mumbai and Chennai. In terms of tier 2 & 3 cities,…
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Startup Funding Recap: May 2024
The startup ecosystem experienced significant fluctuations in May 2024. While total funding reached ₹4,398 crores across 100 deals, there was a notable 46% decline in amount raised from the previous month. However, this downturn is offset by a year-over-year growth of 33%, indicating a robust increase in funding activity over the past 12 months. Highlights…
Read moreThe Rise of Meesho: An In-Depth Look at Their Financial Journey
In the ever-evolving world of e-commerce, a new player has emerged, not just to participate but to dominate. Meesho, a nine-year-old startup, has quickly outpaced giants like Amazon and Flipkart in user growth. With a sales run rate exceeding $5 billion and significant investments from heavyweights like Prosus, Softbank, and Peak XV, Meesho’s ascent is…
Read moreSwiggy 2024: A Comprehensive Historical Performance Analysis
Challenging the status quo and setting new benchmarks in the industry, Swiggy has emerged as a dominant player in the fast-paced world of food delivery. About Swiggy Swiggy Limited (formerly Bundl Technologies Private Limited) is a key player in India’s food delivery sector, offering a seamless platform for customers to order from nearby restaurants. Swiggy’s…
Read moreUnicorn Founder Salaries in 4 Charts
Your startup has just hit over a billion dollars in valuation and there are a couple of million dollars in the bank – how much do you pay yourself? Let’s see what the data says. The median annual salary for Indian unicorn founders in FY23 was Rs 1.5 crores. Of course, there are some outliers…
Read moreCity-Wise Startup Funding Recap: April 2024
In our latest report for April 2024, we dive into the numbers to uncover the trends shaping the startup landscape across key cities in India. Highlights to navigate: City-Wise April 2024: Top Ten Cities Funding (₹ cr) Mumbai, Bengaluru, and Delhi NCR take the spotlight as the top three cities in startup funding for April…
Read moreMEMG Family Office’s Portfolio Overview 2024
The Manipal Education and Medical Group family office, lead by chairman Dr. Ranjan Pai is a Venture Capital fund founded in 2016. It is primarily based out of Bengaluru, India. MEMG family office 2024 report highlights; Combined Revenue The portfolio generated a combined revenue of over ₹31,598 cr with Quesscorp, Pharmeasy and FirstCry topping the list. Year-On-Year Investment Trend…
Read moreHow long does it take Indian unicorns to exit?
Whether it is Zomato’s bumper IPO, or Blinkit’s strategic acquisition, Indian startup ecosystem has hit an inflection point. We have transitioned from celebrating big funding rounds to now anticipating startup exits. Some say it is a sign of maturing ecosystem. Others see it as a direct impact of investors demanding a clear path to profitability…
Read moreHistorical Performance Summary Report: Zepto 2024
Zepto has emerged as a key player in e-commerce, navigating through highs and lows to establish its presence in the market. Let’s delve into the insights gleaned from Zepto’s historical performance summary report for the year 2024. What is the Historical Performance Summary Report? Historical Performance Summary Report is our endeavor to delve deeper into…
Read moreUnlocking Insights: The Paytm Mafia 2024
Composed of former employees of the fintech giant Paytm, this collective of startups has captured attention with its notable achievements and impact on the entrepreneurial landscape. Collective Valuation The Paytm Mafia, boasting a collective valuation of ₹10,668 crores, stands as a formidable force in the startup ecosystem. Noteworthy entities such as Pocket FM, Park+, and…
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