Innovating Today, Sh... • 8m
here’s a quick update on startups in India Funding & Growth: Indian startups raised over $349 million from March 31 to April 5, with Spinny leading at $131 million. India ranks 3rd globally in fintech startup funding for Q1 2025. Policy Impact: The RBI’s recent 25 bps repo rate cut to 6% may boost startup growth by lowering loan costs. Events: The 2nd Startup Mahakumbh (April 3-5, New Delhi) highlighted India’s startup ecosystem, urging focus on deep tech over consumer apps, as per Commerce Minister Piyush Goyal. Key Moves: Ather Energy is reportedly reducing its IPO size, while BharatPe got RBI approval for its aggregator business.
I'm just a normal gu... • 9m
The Reserve Bank of India (RBI) is expected to implement a total rate cut of 75 basis points (bps) in the current fiscal year, according to a report by The Economic Times. The cuts are likely to be executed in three phases—25 bps each in April, Jun
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I'm just a normal gu... • 7m
Riding the momentum of its April 2025 launch, Delhi NCR's Pronto, a home services startup, has raised $2 million (INR 17.1 Cr) in seed funding from Bain Capital Ventures. This investment will power Pronto's ambitious 90-day growth strategy, which i
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I'm just a normal gu... • 7m
In a growing crisis for EV ride-hailing startup BluSmart, around 80 of its drivers gathered at Delhi’s Jantar Mantar, protesting job losses and urging the central government to intervene. The drivers, jobless since BluSmart abruptly suspended operat
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