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Investors Crown Hyderabad As India’s Next Startup Powerhouse

Inc42 · 1y ago

Investors Crown Hyderabad As India’s Next Startup Powerhouse

Hyderabad, India, has emerged as a significant startup destination with more than 240 funded startups and over $2.6 billion in total funding between January 2014 and August 2023. The city's superior infrastructure, affordable real estate, competitive cost of living, and access to a skilled workforce have made it an attractive destination for founders and investors. Hyderabad has also become popular for B2B SaaS, manufacturing, fintech, and IT sectors, partly due to the presence of organizations like T-Hub and the availability of skilled talent from institutions like IIT-Hyderabad. The city's central location and proactive government policies have further contributed to its growth as a startup hub.

Related News

Technology workforce in Bengaluru crosses 1mn mark; IT city among 12 global tech hubs: CBRE

YourStory

YourStory · 1m ago

Technology workforce in Bengaluru crosses 1mn mark; IT city among 12 global tech hubs: CBRE

Bengaluru has emerged as a top global tech powerhouse, with its tech workforce surpassing one million, according to CBRE's 'Global Tech Talent Guidebook 2025'. Recognized alongside cities like San Francisco and Tokyo, Bengaluru is key to the global tech landscape. The city leads in AI talent within India and shows robust growth in tech employment and venture capital inflows. Supported by strong educational institutions and startup ecosystem, Bengaluru continues to drive India’s tech market.

Pune, Hyderabad Lead The Race To Emerge As Next Startup Hubs Of India

Inc42 · 11m ago

Pune, Hyderabad Lead The Race To Emerge As Next Startup Hubs Of India

According to an Inc42 survey, investors anticipate Pune, Hyderabad, Chennai, Jaipur, and Ahmedabad to become the next thriving startup hubs in India. Startups in Chennai raised the highest funding in H1 2024, with $250 million in investments. Pune followed closely behind with $241 million raised in 18 deals. These emerging startup hubs have already surpassed their funding totals from the entire year of 2023.

Indian startup shutdowns soar 12x amid market reset

Inshorts · 2m ago

Indian startup shutdowns soar 12x amid market reset

India’s startup ecosystem faced a sharp correction as over 28,000 startups shut down in two years. This is a 12x surge from earlier trends. Fuelled by premature funding, market saturation, and lack of PMF, the shakeout reflected a return to disciplined investing. Experts believe this reset will pave the way for stronger, fundamentals-driven startups in India’s next growth phase.

This Hyderabad startup is developing India's 1st reusable rocket

Inshorts · 1y ago

This Hyderabad startup is developing India's 1st reusable rocket

Hyderabad-based startup Abyom Space has completed over 150 tests for India’s first reusable rocket, using liquid Ethanol fuel and a Pressure-Fed Cycle. Abyom announced the milestone on X (formerly Twitter), aiming to advance aerospace technologies. Inspired by India's 2035 space station goals, Abyom's Reusable Sounding Rocket (RSR) will reduce costs by 50% and support diverse satellite missions.

Mars Veterinary Health invests in Crown Vet

Entrackr

Entrackr · 7m ago

Mars Veterinary Health invests in Crown Vet

Healthtech firm Crown Veterinary Services (Crown Vet) has raised undisclosed funds from Mars Veterinary Health. This is the first investment in India by Mars Veterinary Health. It brings deep global expertise to Crown Vet's established local presence that will help advance veterinary care in India. The proceeds will be used to expand its network and introduce advanced training programs for its 240 employees, including 60 veterinarians. Founded by Pratap, Crown Vet operates clinics in Mumbai, Pune, Delhi, Bengaluru, and Hyderabad, offering comprehensive veterinary services and diagnostics. It focuses on training for its veterinarians support staff, and infrastructure. With roughly 3,000 veterinary clinics globally, Mars Veterinary Health is a leader in high-quality, compassionate veterinary care and takes a long-term approach to investments to support its Associates and contribute to the future of veterinary healthcare through innovation, scientific research, and access to care. This collaboration underscores the growing demand for advanced veterinary services in India, driven by increasing pet ownership and appreciation of the human-animal bond—and thus the need for high-quality pet healthcare. The Mars Veterinary Health family of practices includes nearly 70,000 Associates across North America, Europe, and Asia who demonstrate compassion and expertise in caring for millions of pets each year.

Dental care startup Dezy raises bridge funding from VC backers, plans larger round

VCCircle

VCCircle · 9m ago

Dental care startup Dezy raises bridge funding from VC backers, plans larger round

- Dental care startup Dezy has raised $6 million in bridge funding from existing investors. - The funds will be used to expand Dezy's network of clinics in Bengaluru and Hyderabad. - Dezy is planning to raise a larger Series B funding round in the next 12-18 months. - The company aims to operate over 2,000 dental chairs by 2028 and generate revenue of more than Rs 1,200 crore. - Founder Hitesh Kakrani has a background in management and previously worked at P&G.

Holiday Tribe raises Rs 5.4 Cr from Powerhouse Ventures and GSF

Entrackr

Entrackr · 9m ago

Holiday Tribe raises Rs 5.4 Cr from Powerhouse Ventures and GSF

Travel-tech startup Holiday Tribe has raised Rs 5.4 crore in its seed round led by Powerhouse Ventures and GSF with participation from notable investors including Dinesh Agarwal and Dinesh Gulati of India Mart, Murugavel Janakiraman of BharatMatrimony.com and actor Gaurav Kapur. The proceeds will be used to strengthen the brand’s tech capabilities, supply network, and brand-building initiatives. Founded by ex-MakeMyTrip executives Anshu Sharma and Chirag Goyal in 2023, Holiday Tribe offers customizable holiday experiences across destinations, catering to family and friends, couples and honeymooners, adventure-seekers, and those looking to explore newer or unexplored destinations. The Gurugram-based startup claims to have a supply network of more than 100,000 hotels across the globe and partnering with more than 10 tourism boards including Mauritius, Dubai, Switzerland, Qatar, Thailand, Singapore, and Australia. The brand has curated holidays to more than 30 destinations across the world with endless options for customization. According to a FICCI-Nangia knowledge paper, India’s outbound tourism market is expected to reach $18.81 billion in 2024 and grow at a CAGR of 11.4% in the decade between 2024 and 2034 to reach approximately $55.38 billion. Likewise, India’s online travel market is expected to grow at a CAGR of 10.5% between 2024-29, from $17.24 billion to $28.40 billion.

Validus Bags Seed Funding To Offer Digital Solutions To Investors

Inc42 · 1y ago

Validus Bags Seed Funding To Offer Digital Solutions To Investors

Hyderabad-based fintech startup, Validus, has raised an undisclosed amount in seed funding from AUM Ventures and other strategic investors. The company, founded by Ganesh Venkatachalam in 2021, aims to use the capital to develop its products and expand its business. Validus provides digital services for the alternative investment management industry, as well as for mutual funds, pension, and retirement solutions.

Yulu eyes expansion as it closes in on profitability

Money Control

Money Control · 2y ago

Yulu eyes expansion as it closes in on profitability

Yulu, a bike-sharing startup, is approaching profitability and aims to expand its operations. The company's CEO, Amit Gupta, stated that they are on track to achieve profitability in the next few months. Yulu plans to use the funds generated to enhance its technology platform, expand into new cities, and introduce new micro-mobility solutions. The focus on profitability highlights Yulu's growth and sustainability in the competitive startup landscape. The startup, which currently operates in Bengaluru, Delhi and Mumbai, will venture into cities including Hyderabad, Pune, Chennai, Kolkata and Ahmedabad over the next 15 months.

JustDeliveries Bags Funding To Offer Cold Chain Solutions To Frozen Food Brands, Restaurants

Inc42 · 1y ago

JustDeliveries Bags Funding To Offer Cold Chain Solutions To Frozen Food Brands, Restaurants

JustDeliveries, a cold chain solutions startup, has raised $1 million in a pre-Series A funding round led by NABVENTURES Fund. The funding will be used to expand the startup's logistics networks in key cities, including Bangalore, Mumbai, Pune, and the NCR, as well as launch operations in Hyderabad. JustDeliveries aims to grow and expand to 8-10 Indian cities over the next 3-4 years. The startup has developed a cold chain solution and has partnered with QSRs, cafe chains, and brands specializing in fresh and frozen products.

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