Funding News
From growth at all costs to sustainable growth: the maturing of Indian startups
Rebel Foods, Purplle, Dehaat and Urban Company are among startups that have traded rapid growth by burning through investor cash for better unit economics. But not all startups have this luxury.
5 min read19 Sep 2024Cabinet’s $2.7 billion funding for Isro’s Chandrayaan-4 to Gaganyaan to boost private firms
The government allocated $1.3 bn to Gaganyaan, $985 mn to Next-Generation Launch Vehicle, $251 mn to Chandrayaan-4 and $150 mn to Venus Orbiter Mission.
3 min read18 Sep 2024Bigger than food delivery? Investors rush to bless faith-tech startups
Indians, for ages, have been obsessed with astrology and spiritual services. Now, a bunch of venture capital firms, including PeakXV Partners, Blume Ventures and Matrix Partners, have discovered a goldmine here. Who are they backing and why? Read on.
8 min read15 Sep 2024Former Reliance Jio senior executive raises $130 mn to back mid-market startups
Including the green shoe option, Playbook Partners expects to raise another $120 million through established global investors from Europe, the US, Middle East, and India.
4 min read10 Sep 2024Zepto secures another $340 mn at $5 bn valuation as quick commerce booms
The Mumbai-based firm has raced its way to bag some of the biggest funding rounds so far this year, reshaping India’s e-commerce sector
3 min read30 Aug 2024OpenAI in talks for funding round valuing it above $100 billion
Thrive Capital and Microsoft are among the investors putting several billion dollars into the ChatGPT maker.
3 min read29 Aug 2024Funding winter is pushing fintech firms to go public very early: Nippon India CIO
Sailesh Raj Bhan said a dearth of private investment has caused many fintech firms to consider entering the public market – where they have to “compromise on their business model” and face greater scrutiny – prematurely.
2 min read29 Aug 2024The hottest sectors in climate tech? Follow the VC money
Startups developing technologies to make the power grid more reliable and efficient are among those getting attention from venture capitalists.
6 min read27 Aug 2024Minimalist fails to attract investor interest after seeking fourfold jump in valuation to $300 million
While the company justified its valuation by being profitable every year since inception, investors were not willing to give in to the high ask under current market conditions, one person said.
3 min read27 Aug 2024Livpure secures ₹233 crore from M&G, Ncubate, to expand subscription network
The fresh capital will be used to fuel the growth of Livpure’s water purifier subscription segment, enabling the company to service more geographies and expand offerings to customers.
3 min read21 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared