These are the key highlights of India's startup scene today:
• Funding Decline: Venture capital funding took a steep plunge this week, as only $110 million was raised across 25 deals, compared to $412 million in the last week. Early-stage startups dominated the funding rounds...
These are the key highlights of India's startup scene today:
• Funding Decline: Venture capital funding took a steep plunge this week, as only $110 million was raised across 25 deals, compared to $412 million in the last week. Early-stage startups dominated the funding rounds, including Pilgrim ($23M) and Protectt.ai ($8.7M).
• IPO Alert: Edtech unicorn PhysicsWallah has filed its draft IPO papers, reflecting growth in the education sector.
•India's largest startup conclave, Startup Mahakumbh, kickstarts April 3 in New Delhi, offering funding and networking opportunities to over 1.67 lakh startups.
•Corporate Deals: Hero MotoCorp took a stake in Euler Motors to strengthen its EV portfolio, while PayU invested in Mindgate Solutions.
These developments reflect India's thriving startup ecosystem despite funding troubles.