Global early-stage venture capital firm Antler has expanded its presence in India. It is investing in 30 startups this year and with this the total number of companies in its Indian portfolio reaches 80. The investments come through Antler’s inaugural India fund equipped with a total value of $75 million. The startups cover a wide […]

Nazara Technologies is a leading name in online gaming and it has lately announced investments worth ₹196 crore. The basic plan is to strengthen presence in entertainment, education and its subsidiaries. The company has invested ₹43.7 crore in Funky Monkeys Play that focus on indoor play centres. Its stake in it is 60%. Funky Monkeys […]

Indian startups have made an impressive mark this year and has secured an impressive funding of $9.2 billion across 984 deals until October. It is a 44.4% growth compared to the same period last year and reflects increasing global confidence in India’s startup ecosystem. The numbers reveal a compelling story. Venture capital (VC) deals amounted […]

ParkMate has lately secured a funding of $1.2 million led by Cactus Partners as well as backed by Venture Catalysts and the Marwah Group Family Office. The fresh investment highlights growing interest of investors in smart urban solutions. It definitely positions the startup in growth accelerating model in the urban parking segment. ParkMate was founded […]

Hyderabad-based watertech startup Althion has lately raised ₹3.6 crore in a pre-Series A funding round led by BioAngels (part of the IAN Group). Prominent investors such as Arun Seth, Om Manchanda, KNK Venkatraman and Shubham Rastogi also participated in the round. Althion was founded by Surya Rao in 2017 and its innovative solutions have been […]

Raising capital for startups has always been a challenge, but it is becoming tougher in today’s low-liquidity market. Venture capital has expanded globally with a lot of attention on Silicon Valley and similar tech hubs. The pace of investment is slow in struggling regions and the capital being deployed is still a small fraction of […]

The Indian startup ecosystem has continued showcasing resilience and adaptability equipped with companies in a good number making significant moves this week. Food delivery giant Zomato opened its ₹8,500 crore Qualified Institutional Placement (QIP) offering. Floor price is set at ₹265.91 per equity share while indicative price of ₹252.62 represents a 7.6% discount on its […]

India is making waves in the global generative artificial intelligence (GenAI) segment and steadily climbing the ranks to become a key player. A report by Nasscom lately highlights that India is placed at the sixth position among major economies in the GenAI startup ecosystem. A remarkable surge in funding as well as a growing appetite […]

Karnataka has always been a trailblazer in India’s startup ecosystem and its Elevate 2024 scheme lately stands as proof of its commitment. It was launched in 2015 and the initiative has transformed the way early-stage startups grow as well as innovate. The state government has extended a helping hand to more than 900 startups by […]

Brigade REAP startup accelerator arm from the house of Brigade Group has come up with some big plans for the future. It aims to invest in six to eight PropTech startups every year to transform the real estate sector in India. The accelerator intends to invest between $100,000 and $200,000 per startup and this is […]