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.
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