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
See More
0 replies2 likes
Asifur Borbhuyan
Stealth • 6m
Indian startups raised $800.5 Mn in 29 deals this week, an increase of 296% from last week's $201.8 Mn raised across 21 deals
Buoyed by Zepto' mega $665 Mn funding round, consumer services dominated sectoral funding charts this week
Peak XV Partner
See More
1 replies4 likes
Harsh Dwivedi
•
Medial • 8m
Top News of the Week:
1. Funding:
- On a weekly basis, startup funding declined 28% to $222.7 million as compared to around $310 million raised during the previous week.
- During the week, as many as 27 Indian startups raised nearly $222.7 millio
Indian startups this Week
1. On a weekly basis, startup funding slipped 71% to $125.13 million as compared to $447.6 million raised during the previous week.
2. Praveen Sharma, senior vice president of business at Paytm’s parent entity One 97 Commu
Indian startups were able to net a $58.36 Mn across 16 deals, a 52% decline from last week's $121.8 Mn raised across 21 deals
The Fintech sector emerged as an investor favourite this week, with startups in the sector securing $23.9 Mn across 4 deals
See More
0 replies1 like
Harsh Dwivedi
•
Medial • 3m
Top News of the Week:
1. Funding:
- During the week, 36 Indian startups raised around $628.24 million in funding. These deals count 14 growth-stage deals and 17 early-stage deals while 5 startups kept their transaction details undisclosed.
- Among
Oyo's Secret co-founder?
We all know Ritesh Agarwal as the founder and the face of Oyo, but how many of you know that Oyo, in its initial days used to have a co-founder.
When Ritesh was 18, and he was looking to raise funds for his startup, Ventu
OYO has raised INR 550 Cr (about $65 Mn) from its founder Ritesh Agarwal’s Redsprig Innovation Partners.
Redsprig Innovation is a venture capital firm headed by Agarwal. In November last year, Inc42 reported that Agarwal was looking to increase his
Successful Startups in 2024
1. Turing
Country: USA
Funding: $100 million Series D
Founder: Jonathan Siddharth
Profit: $200 million revenue
Outcome: Profitable, expanded AI-driven talent matching.
2. Upstox
Country: India
Funding: $65 milli
See More
0 replies6 likes
Medial Startup Trivia
Stealth • 4m
A Brief Timeline: Ritesh Agarwal
Picture Ritesh Agarwal, born in 1993 in Odisha, India. At just 13, he's already hustling, selling SIM cards and making his first entrepreneurial strides. By 16, he's earned enough to buy his first computer for ₹50,00