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Sanskar

Stealth • 4m

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 wallet licence. - SaaS startup Testsigma raised $8.2 million - IIT-Madras to provide funds to incubate sports-tech startups. - Defence Ministry signs 350th iDEX contract with SpacePixxel Technologies for miniature satellite development. - IVCA’s VC Council for 2024–26 to focus on boosting micro-VCs. - Fintech sector will dominate future Unicorns at USD 58 billion. - BII bullish on Indian EV ecosystem, expects to invest USD 300 mn in 3 years.

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Pitchbook just shared the list of top startup cities! ➪ San Francisco: Raised $427.6B in startup capital, home to 11,812 startups, 20% of US startups 🌉 ➪ New York City: Raised $179.9B, with 6,951 startups and 130 unicorns 🗽 ➪ Beijing: Raised $1

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📌 Which Indian startup ecosystem is most promising ??

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Tuhin Subhra Biswas

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This week Indian startup raised $29.30M- significantly lower than last week *$145M*

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What according to you is the main problem in indian starup ecosystem as compared to us startup ecosystem?🤔🤔

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In your opinion, What are the attributes that Indian startup ecosystem lacks to be a successful startup?

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