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Here are the latest news related to the startup ecosystem: - Indian startups raised $196 million this week. - Indian deep tech startups count surged in 2023, but funding plummeted 77%. - Neobanking startup Jupiter received RBI nod for mobile walle

Top News of Today (7th June 2024)- 1. Consumer lending startup Fibe raises Rs. 720 Cr ($90 Mn). 2. Byju's term-loan lenders kick off bankruptcy proceedings against its US assets 3. NPCI Inks Pact With Peru To Build UPI-Like Payments System 4. Testsi

Funding Winter ? Indian startups raised a total of $395.63 million across 20 deals from August 12 to 17, marking a 250% increase from the previous week. Key highlights include: OYO secured $175 million in a down round, reducing its valuation to

🚨 Zomato Exploring Cash Raise Through QIP! 🚨 I just came across an interesting development—Zomato is considering raising funds via a qualified institutional placement (QIP), marking its first funding move since its IPO in July 2021. This comes as

Let's decode one pattern : • Companies were backed by Softbank such as OYO, OLA Electric and FirstCry are continuously filing for IPO but some IPO's approved or some failed for IPO. • Startups backed by Softbank such as OLA Electric and OYO are ra

Indian electric scooter manufacturer Ather Energy is aiming to raise approximately $530 million through its initial public offering (IPO), as outlined in its draft prospectus filed on Monday. The Bengaluru-based startup plans to capitalize on the inc

→ SAP acquires Israel-based WalkMe to boost embedded AI use cases → iD Fresh Food raises $68 Mn in Series D funding → Vidyut Tech secures $10 Mn in Series A funding → Yulu raises $82 Mn in Series B funding → Zypp Electric raises $12 Mn in funding

The funding scene for AI has been challenging, in India. According to Tracxn data, funding for AI startups in India plummeted nearly 80% in 2023, from $554.7 million in 2022 to $113.4 million. In stark contrast, U.S. AI startup funding surged by

Top News of the Day: 1. Bengaluru-based agritech startup Fyllo has raised $4 million in a funding round led by investors India Quotient and SIDBI Ventures. 2. MediBuddy To Raise $8.4 Mn Debt Funding To Fuel Expansion Plans 3. Cloud kitchen company

Top News of the Day: 1. Fintech startup POP raises $2.4 Mn led by India Quotient 2. Celesta Capital sold IdeaForge shares worth Rs 27 crore 3. Accel and Virat Kohli-backed Wrogn raises Rs 125 crore in funding from TMRW 4. Ice cream brand Go Zero