Funding

VC funding in Indian startups 2022: Late-state funding declined over 50%

The venture capital funding for Indian tech startups has dried up in 2022, after shattering all previous records in 2021. The VC investment in Indian startups dropped a notable 32.5% YoY in 2022, to just $23.95 billion, according to...

Funding in Indian startups in Q3 2022: Down 80% YoY, indicating tough time ahead for entrepreneurs

There is a tough time ahead for startups in India who are seeking to raise funds. The funding in Indian startups dropped a massive 80% YoY to just $3 billion in Q3 2022, according to a recent Traxcn report,...

Government’s big decision for Indian startups to boost the fundraising activity this year!

There is good news for all Indian startup entrepreneurs. The government of India has extended the timeline for startups to convert debt investment into equity shares by up to ten years, According to a press note from the DPIIT...

Government of India May Allow LIC, EPFO to Invest in Startups

It's raining money for Indian startups. After SEBI relaxed its guidelines for listing a company in the stock market, many startup unicorns have started gearing up to float their IPO. The humongous success of Zomato, the first startup unicorn...

Clubhouse Valuation Soars To Jaw-Dropping $4 Billion With In A Year Of Founding

Clubhouse, the invite-only audio-based social networking app, skyrocketed in popularity after a majority of netizens discovered the platform amid a pandemic. Since then, many gone to dub the app as the ‘future of social media’ while it continues growing...

Indian Startups Close FY21 Strong With $3.65 Billion In Funding!

A series of large financing rounds, amounting to $3.65 billion made their way into some of the best Indian startups in Q4 FY21. This is a straight forward increase of $430 million from $3.22 billion in Q4 FY20. The capital...

Indian Startups Funding Q1 2021: Attracted 40% More, Amounting To $4.2 Billion [REPORT]

After suffering through a year plagued with lockdowns, business slowdown and layoffs, Indian firms have begun 2021 on a positive note. According to the data released by Venture Intelligence, Indian companies have been able to garner a whopping $11.9 billion...

Delhi HC’s New Ruling To Give Indian Startups The Much-Needed Break From Angel Tax!

The Delhi HC has awarded Indian startups with a much-needed respite from angel tax! Many startups, for a variety of reasons, are extremely overvalued at times. However, the Delhi High Court has refused to tag them all as bad apples. Quite...

Exclusive: PhonePe Raises ₹5,000 Crore At A Valuation of ₹45,000 Crore

The digital payment company PhonePe has raised Rs 5,000 crore (approx $690 million) in a fresh round of funding. After the new round of investment, the company is now valued Rs 45,000 crore (post-money valuation) that will help the...

Chinese Investment In Indian Startups Is Now A Distant Dream

When the Indian Government changed its FDI policy in late April, China got handed the short end of the stick for investing in India’s homegrown companies. Now, following up on the same, over a hundred applications from Chinese investors seeking...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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