Ed-tech unicorn Eruditus raises $150 mn at $3-bn valuation
Eruditus, the parent company of Emeritus, raises funds from investors led by TPG’s The Rise Fund; to invest in AI products and the growth of enterprise businesses
startup funding
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6 unicorns, 29 IPOs: Indian tech startups see 7% decline in funding so far in 2024
Tech ecosystem sees 12 funding rounds exceeding $100 million in 2024 year-to-date, with Zepto raising $1 billion across two consecutive rounds
Startup VC funding in India soars 42% to $6.3 bn in Jan-July 2024
India accounted for around 7% share of the total number of VC deals announced globally during the period, according to latest data by GlobalData
Startup funding in India slows to $1.6 bn; 2 unicorns emerge in Q1
Retail, fintech, and enterprise applications were top-performing sectors in Q1 2024, with enterprise applications receiving $448 million, a growth of 48% YoY
Women-led start-ups raised $23 bn in funding so far
In the first two months of 2024, women-led startups raised $100 million in funding, close to $103 million raised in the first two months of 2023.
Startup funding in 2023 lowest in 5 years
Only two new unicorns were created in 2023 — Incred and Zepto — as against 23 in the previous year.
Startup funding in India falls 29% in Q3 2023; least funded quarter in 5 yrs
Despite facing the challenges of a funding winter, India ranks as the "fifth highest funded country" in Q3 2023, says Tracxn’s Geo Quarterly Report
Angels Hold Steady Amid Funding Winter
Angel investors bet on early-stage start-ups, crack the unicorn code, defying funding slowdown.
70% drop in funding jolts startups into finding path to profitability
While the industry experienced sharp funding growth during FY22 which amounted to approximately $50 billion, onset of the funding winter caused a massive drop to nearly $15 billion in 2023
Domestic fintech startup funding plunges 67% in H1 of 2023
The early-stage investments plunged by 81% and 68% from H1 of 2022 and H2 of 2022, respectively.
