Overview The startup ecosystem in India continues to evolve dynamically, with significant fluctuations in funding patterns across various city tiers. In August 2024, the landscape showcased a blend of traditional powerhouses and emerging hubs, with notable shifts in investor activity and deal sizes. This blog inquires into the city-wise startup funding recap for August 2024,…
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Indian startups typically take a median of 7 years from incorporation to achieve unicorn status (companies with a valuation of $1 billion or more). However, each business is different and so are their growth trajectories. For instance, Ananth Narayanan-led Mensa Brands became a unicorn in just 6 months, while Five Star Business Finance took over…
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Overview August 2024 was a landmark month for India’s startup ecosystem, with an impressive total funding of ₹14,659 crores across 121 deals. This represents a remarkable 65% increase in total deal value compared to July 2024, and an astonishing 297% rise from August 2023. The increased activity from venture capital and private equity firms is…
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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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In the dynamic world of Indian startups, a unique group known as the “Zoho Mafia” has emerged as a force to be reckoned with. Much like the PayPal Mafia in Silicon Valley, this cohort comprises former Zoho employees who have ventured out to create their own successful enterprises. Let’s dive into the fascinating journey of…
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Aroa Ventures is the family office of OYO’s founder Ritesh Agarwal, focused on growth-stage businesses. With assets under management totalling ₹418 Cr and a portfolio boasting combined revenues of ₹23,858 Cr, Aroa Ventures is a key player in the industry. The firm focuses on investments ranging from ₹4 Cr – ₹41 Cr, having made 45…
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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…
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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…
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As April bids farewell, let’s look the ups and lows in the Indian startup ecosystem throughout the month. As we set the context, the numbers speak for themselves. Highlights that we will be exploring; Startup Funding Deal Volume (Apr 2023 – Apr 2024) April 2024 witnessed a 16% drop in deal volumes compared to the…
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Explore the latest trends in startup funding across Indian cities in our new report. Dive into the data and discover what’s driving innovation in March 2024. City-Wise Funding in March 2024 Mumbai, Delhi NCR, and Bengaluru emerged as the triumphant trio in March 2024, leading in total funding raised. City Total Funding (₹ cr) Mumbai…
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