TRACXN DATA

Indian tech startups raised USD 4.1 billion in H1 2024, 4% higher than H2 2023, remaining fourth-highest funded country globally. Insights from Tracxn report highlighted funding trends and volumes in the Indian tech startup landscape.

New-age startups raised $817.2 million in May 2024, up 62% from last year, with top investor Venture Catalysts leading funding rounds for startups like Zypp Electric.

B2B food supply platform FarMart raises Rs 24 crore from Switzerland-based asset manager ResponsAbility Investments for its SaaS software. Previous investors include General Catalyst and Matrix Partners India. The funding aims to reduce food loss an...

Goodwater Capital emerged as the topmost investor in terms of deal volume in the latest week.

In terms of volume, total deals during the week stood at 18, compared to 32 a year ago, and 16 in the second week of May 2024. Sequentially, deal value went up about 3.3X from $35.2 million to $117.6 million.

Data from market intelligence platform Tracxn reveals a new trend in Indian startups. While overall funding for startups declined in the first three months of 2024, late-stage funding (for more established companies) saw a dramatic increase, more th...

Digit's upcoming IPO on May 15 aims to raise Rs 1,125 crore, delayed by Sebi compliance issues. Valued at $4 billion, Digit faced fines from IRDAI. With a new CEO, Digit is poised to enter the market.

Tech VC in funding talks with portfolio co Icertis, which is stitching up a $150m secondary round

Baron Funds and Invesco revised Pine Labs' valuation to $5.8 billion and $4.8 billion respectively. Fidelity later marked it down to $3 billion. Pine Labs, founded in 1998, offers various digital payment solutions and competes with industry players ...

According to data from Tracxn, February saw startups raise $516 million across 82 rounds, versus $551 million across 109 rounds in January.

ofScale’s maiden funding round saw investments from Matrix Partners India DeVC and Relentless Ventures. The company is assisting D2C brands, like Arata, Wishcare and Paradyes establish their offline footprint.

Investment in startups fell 79% in the December 4-8 week, from $514 million across 38 funding rounds in the same period a year ago. Sequentially, however, funding activity saw a surge of 81%, compared to $59 million raised across 18 rounds, last wee...

New-age tech companies raised a total of $409 million in November across 63 rounds, according to data from market research firm Tracxn. Overall funding for the month was down 40% in terms of value compared to a year earlier, when startups raked in $...

Online gaming firms aren’t getting any immediate relief from their Goods and Services Tax (GST) woes, as tax notices stand on firm legal ground, Central Board of Indirect Taxes and Customs chairman said.

As the sequential rise provided a respite during a funding decline, September fared relatively better in terms of year-over-year comparison, down only about 8% from the total deal value in September 2022.

The report, dated Wednesday (September 27) further indicated a 33% reduction in late-stage funding rounds, and drastic declines of 74% and 75% in early-stage and seed-stage funding, respectively, compared with the same quarter a year earlier.

Funding activity was up 26% in the September 11-15 week, from $264 million raised in the corresponding week last year. However, it was flat on a sequential basis, rising a miniscule 1%.

What goes behind selecting the nominees and the winners of the ET Startup Awards, considered the most prestigious in the Indian entrepreneurial ecosystem.

Ahead of the ET Soonicorns Summit 2023, to be held on August 26 in Bengaluru and later at Delhi NCR, we reveal the key themes and the power-packed tracks focused on creating a blueprint for building a resilient startup ecosystem and tracking the nex...