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Search results for tracxn

Weaver Services to raise ₹1,000 crore from Premji Invest, Paragon Partners
1 hour, 10 minutes ago

Weaver Services to raise ₹1,000 crore from Premji Invest, Paragon Partners

Live Mint  

Bengaluru/Mumbai: Weaver Services Pvt. Ltd, an affordable housing finance company founded by former employees of HDFC Ltd, is in talks to raise about ₹1,000 crores from Premji Invest and Paragon Partners, three people familiar with the matter told Mint. Capital India Home Loans is a subsidiary of Capital India Finance Ltd, a non-deposit taking non-banking financial company, which is focussed …

Finance India Housing Capital Company Crore Invest
Oyo founder Ritesh Agarwal invests Rs 830 crore in funding round, valuation drops to $2.4 billion
4 months, 1 week ago

Oyo founder Ritesh Agarwal invests Rs 830 crore in funding round, valuation drops to $2.4 billion

New Indian Express  

BENGALURU: Hospitality chain Oyo's founder Ritesh Agarwal has invested Rs 830 crore in the company's latest funding round through Singapore-based entity Patient Capital. The first tranche of funding of Rs 416.85 crore was led by Incred Wealth in July 2024. An additional fund raise of Rs 1047 crore was approved by shareholders of the company on August 8 in an …

Crore Oyo Founder
Space-tech start-ups raise $10.8 million funding in January-July period of 2024
4 months, 3 weeks ago

Space-tech start-ups raise $10.8 million funding in January-July period of 2024

New Indian Express  

BENGALURU: After witnessing a record funding of $126 million in 2023, space tech start-ups in the country have seen $10.8 million funding so far in 2024. India, which is home to more than 100 space tech start-ups, has not yet seen any late-stage funding in the last two to three years. Bengaluru-based start-ups have contributed to over 55% of the …

Space Bengaluru Tech Funding Million Raise
India's space tech sector grew 235% in 2 Years, secured $126 million in 2023
4 months, 3 weeks ago

India's space tech sector grew 235% in 2 Years, secured $126 million in 2023

India Today  

India’s space tech sector is set for significant growth, driven by substantial government investment and strategic initiatives. According to Tracxn’s Space Tech Geo Report 2024, India’s growing Space Tech sector witnessed record-breaking funding of $126 million in 2023, a 7% increase from the $118 million raised in 2022 and a 235% increase from $37.6 million in 2021. Despite a global …

India Space Tech Funding Million Sector Space Tech
Smartworks raises ₹168 crore in funding round from a consortium of investors including Keppel Ltd
5 months, 3 weeks ago

Smartworks raises ₹168 crore in funding round from a consortium of investors including Keppel Ltd

Hindustan Times  

Gurugram-based managed and flexible office space provider Smartworks has raised ₹168 crore from a group of investors including Keppel Ltd, Ananta Capital Ventures Fund I, Plutus Capital, family trusts, and certain high-net-worth individuals. Managed and flexible office space provider Smartworks raises ₹ 168 crore in latest funding round from a consortium of investors led by Keppel Ltd The promoters of …

Office Keppel Smartworks Keppel Ltd
2023 in review: For Indian tech startups, an unrelenting funding winter
1 year ago

2023 in review: For Indian tech startups, an unrelenting funding winter

Live Mint  

The Indian tech startup ecosystem continued to grapple with a funding slowdown in 2023. Slowdown bites Total funding received by Indian tech startups declined by 72% in 2023. Shifting order With a total funding of less than $10 billion received for tech startups this year, India has slipped one notch to fourth place among the highest-funded tech startup geographies globally …

Tech Funding Tech Startups 2023 Indian Startups Tracxn
India’s SpaceTech transformation is credited to privatisation
1 year, 3 months ago

India’s SpaceTech transformation is credited to privatisation

The Hindu  

Indian SpaceTech sector has received $62 million funding in 2023 so far, registering 60% increase, compared to the same period last year, according to data research firm Tracxn. The Indian private sector has taken the lead in launching satellites for practical applications, including satellite-based communication services like phone signals, broadband, OTT, and 5G, said Tracxn. Small Payload-based Launch Vehicles have …

India Space Indian Funding Million Tracxn Spacetech
Koo, Twitter’s rival in India, fires 30% staff on funding crunch
1 year, 8 months ago

Koo, Twitter’s rival in India, fires 30% staff on funding crunch

Live Mint  

Koo, a Twitter Inc. rival in India, has fired almost a third of its employees in recent months as the firm struggles with losses and an inability to raise funds. The three-year-old microblogging app dismissed 30% of its about 260 workers as the “global sentiment right now is more focused on efficiency than growth and businesses need to work toward …

India Twitter Koo
Financial woes force Koo, Twitter's rival in India, to layoff 30% staff
1 year, 8 months ago

Financial woes force Koo, Twitter's rival in India, to layoff 30% staff

Hindustan Times  

Koo, a Twitter Inc. rival in India, has fired almost a third of its employees in recent months as the firm struggles with losses and an inability to raise funds. The three-year-old microblogging app dismissed 30% of its about 260 workers as the “global sentiment right now is more focused on efficiency than growth and businesses need to work toward …

India Twitter Koo
SVB meltdown: These Indian startups to bear brunt
1 year, 9 months ago

SVB meltdown: These Indian startups to bear brunt

Live Mint  

The collapse of Silicon Valley Bank has put the focus on Y Combinator-backed Indian startups. “No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.” Impact on YC-backed Indian startups SVB has invested in around 21 Indian startups, as per Tracxn data, but the exact investment amount is unclear. Tracxn data also shows that …

Indian Bank Companies Pti Federal Reserve Paytm Indian Startups
Indian edtech sector still attractive for investors: GSV Ventures
1 year, 10 months ago

Indian edtech sector still attractive for investors: GSV Ventures

Live Mint  

India is still one of the world's most exciting markets for education technology investors, says venture capital firm GSV Ventures, sounding an upbeat tone for a sector still reeling from massive layoffs and a funding crunch. These are very early days for the Indian edtech market," Deborah Quazzo, managing partner at GSV, told Reuters on the sidelines of the Emeritus-GSV …

Indian Edtech Edtech Startups Gsv Ventures India Market Companies Quazzo
Early backers in talks to sell stakes in Byju's
1 year, 11 months ago

Early backers in talks to sell stakes in Byju's

Live Mint  

Byju’s early investors, including Lightspeed Investment Partners and Chan Zuckerberg, are seeking buyers for their partial or full stakes in the edtech company as they look to book profit, four people with direct knowledge of the talks said. This means that even if selling investors found buyers for their stakes at a particular valuation, founder Raveendran would hold the right …

India Capital Company Investors Sell Shares Zuckerberg
Tracxn Technologies IPO: Check GMP on the last day of the subscription
2 years, 2 months ago

Tracxn Technologies IPO: Check GMP on the last day of the subscription

Live Mint  

The Initial Public Offering of Tracxn Technologies was fully subscribed on the final day. On Friday, market intelligence platform Tracxn Technologies said it has raised a little more than ₹139 crore from anchor investors. Tracxn Technologies' IPO of up to 3,86,72,208 equity shares is in a price range of ₹75-80 a share. The OFS will see sale of up to …

Share Shares Ofs Tracxn Technologies Ipo Tracxn Technologies
News18 Afternoon Digest: Always Prepared if India Faces Long Conflicts Like Ukraine-Russia, Says IAF Chief & Other Stories
2 years, 2 months ago

News18 Afternoon Digest: Always Prepared if India Faces Long Conflicts Like Ukraine-Russia, Says IAF Chief & Other Stories

News 18  

All journalists are welcome to cover Prime Minister Narendra Modi’s visit to Himachal Pradesh on October 5, state police chief Sanjay Kundu said on Tuesday after a notification seeking character certificates from mediapersons triggered uproar. “All journalists are most welcome to cover Hon’ble Prime Minister’s visit to Himachal Pradesh tomorrow 5th October, 2022. Air Chief Marshal VR Chaudhari on Tuesday …

India Ukraine Iaf Himachal Pradesh Read Ipo
Tracxn Tech IPO Opens on October 10; Price Band Fixed at Rs 75-80
2 years, 2 months ago

Tracxn Tech IPO Opens on October 10; Price Band Fixed at Rs 75-80

News 18  

The initial public offering of Tracxn Technologies will open for subscription on Monday, October 10. Tracxn Technologies Ltd has set price band at Rs 75-80 a share. Co-founders Neha Singh and Abhishek Goyal are looking to sell up to 7.66 million shares each, Flipkart founders Binny Bansal and Sachin Bansal 1.26 million each, Elevation Capital 10.98 million, Accel India IV …

Million Shares Ipo Price Band Tracxn Tracxn Technologies Tracxn Tech
Startup Funding Declines 33% Quarterly To $6.9 billion During April-June 2022
2 years, 5 months ago

Startup Funding Declines 33% Quarterly To $6.9 billion During April-June 2022

News 18  

Indian startups raised $6.9 billion in 409 funding rounds during April-June 2022, which was down by 33 per cent as compared with $10.3 billion mopped up in the previous quarter. Through this report, we aim to give industry stakeholders key insights into the ecosystem that would help in business decision making backed by extensive market intelligence and thorough research and …

India Startup Indian Startups Funding Billion Last Year
Global venture capital funds flock to India as China's appeal dims: Report
3 years, 1 month ago

Global venture capital funds flock to India as China's appeal dims: Report

Hindustan Times  

India is receiving investment from venture capital firms from around the world, suggesting a breakout moment for the country's startups, Nikkei Asia reported on Sunday. Citing the overall data from Tracxn, Nikkei Asia said that 597 venture capital firms have made 2,284 deals so far this year. Talking about the situation in China, the report said that Beijing's regulatory crackdown …

India China Capital Report Venture Nikkei Asia
Stockal sets sights on $1 bn AUM after funding round led by Aroa
3 years, 7 months ago

Stockal sets sights on $1 bn AUM after funding round led by Aroa

Live Mint  

Stockal, a platform that enables Indian retail investors to trade in listed US securities, has set itself $1 billion assets under management as its next big target, even as the firm expands its presence to Southeast Asia and Eastern Europe. The growth plans come on the back of a $3 million pre-Series A funding round that the New York-based startup …

India Round Stockal Bn Aum
Investors pour $9.3 billion into Indian startups, a decline as compared to 2019 data shows
3 years, 11 months ago

Investors pour $9.3 billion into Indian startups, a decline as compared to 2019 data shows

Firstpost  

In 2019, domestic startups had raised a total of $14.2 billion from January 1 to December 23. Investors have poured in about $9.3 billion into Indian startups so far in 2020 despite the Covid-19 pandemic upending many sectors of the economy, data from industry tracker Tracxn showed. This is a decline as compared to 2019 when domestic startups had raised …

Indian Billion Million Rounds Tracxn