India’s startup ecosystem should adapt to tight money conditions
2 years, 3 months ago

India’s startup ecosystem should adapt to tight money conditions

Live Mint  

India has emerged as the third largest startup ecosystem in the world, with 107 unicorns with a total valuation of $340.79 billion, as of 7 September 2022. The reason for such a ‘funding winter’ is to be traced to global macroeconomic developments, especially changing interest rate regimes between 2020 and 2022. The Fed also provided forward guidance on the future path of interest rates in successive Federal Open Market Committee statements throughout 2020, indicating that it would keep interest rates at near zero. With the US Fed having raised interest rates four times already in 2022 and also tapering its quantitative easing and other measures taken to cope with the pandemic, and the resultant squeeze on liquidity, one can expect a reversal from stocks back to bonds. The Reserve Bank of India too, in turn, has hiked interest rates thrice this year to cope with spiralling inflation, while also changing its monetary policy stance from ‘accommodative’ to a relatively hawkish policy stance.

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History of this topic

Public procurements may come with startup quotas
2 weeks, 6 days ago

Public procurements may come with startup quotas

Live Mint  

Top central ministries are discussing a proposal that may mandate public sector units to purchase 10% of their requirements from startups, two people aware of the development said. Some of India's ongoing efforts to encourage startups sector include the Startup India seed fund initiative and Atal Innovation Mission. This initiative not only provides a platform for startups to showcase innovative …

India’s startup scene is picking up speed again
1 month, 1 week ago

India’s startup scene is picking up speed again

Hindustan Times  

Visitors to Bangalore, India’s tech hub, quickly learn why locals measure distances in minutes and not kilometres. India’s startup scene has had a difficult few years, as funding dried up and once high-flying firms crashed back down to earth. In January the banking arm of Paytm, an Indian fintech giant, was ordered by India’s central bank to stop all services …

Indian Startups Secure Record Funding in October, But Funding Slumps
1 month, 2 weeks ago

Indian Startups Secure Record Funding in October, But Funding Slumps

Deccan Chronicle  

Indian startups attracted funding of Rs 1.2 billion in October, indicating a rebound from the funding winter. However, funding was subdued both on a year-on-year and sequential basis. Fintech, e-commerce, and education startups led the funding activity, with Bengaluru and Mumbai-based startups playing a significant role.

Budget 2024: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’
5 months ago

Budget 2024: Centre allocates ₹1000 cr venture fund to boost space economy ‘five-fold in next decade’

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday announced the creation of a ₹1,000 crore venture capital fund in the Budget 2024 aimed at expanding the space economy “fivefold over the next decade”. The new venture capital fund is expected to stimulate private sector involvement in space activities, supporting startups and established firms in advancing innovative space technologies. News agency PTI …

Indian Tech Startups Raise $4.1 Billion In First Half Of 2024, Secure 4th Place Globally: Study
6 months ago

Indian Tech Startups Raise $4.1 Billion In First Half Of 2024, Secure 4th Place Globally: Study

ABP News  

Indian tech start-ups secured $4.1 billion in funding in the first half of 2024, a 4 per cent increase from $3.96 billion in the second half of 2023. According to Tracxn, a market intelligence platform, India ranks as the fourth-highest funded country globally in the tech startup landscape, with the US, UK, and China leading in overall funding volumes. Seed-stage …

Kerala startup ecosystem registers 254 per cent growth: Study
6 months, 1 week ago

Kerala startup ecosystem registers 254 per cent growth: Study

New Indian Express  

KOCHI: According to The Global Startup Ecosystem Report 2024 released by a leading development organisation, the value of Kerala’s startup ecosystem has shown a compound growth of 254% between July 1, 2021, to December 31, 2023, compared to the July 1, 2019, -December 31, 2021, period. The extensive analysis is done with data from 4.5 million startups across 300 global …

India’s startup growth to pave way to developed nation by 2047: PM Modi
9 months ago

India’s startup growth to pave way to developed nation by 2047: PM Modi

Live Mint  

India has emerged as the world's third-largest startup ecosystem, a development that Prime Minister Narendra Modi believes will chart the country's course towards becoming a developed nation by 2047. In the field of Intellectual Property Rights, India is moving towards becoming the leading country among the top countries.” The Startup Mahakumbh was organized in collaboration with various entities, including Assocham, …

Bank of America expects India fundraising to be busier than ever
10 months ago

Bank of America expects India fundraising to be busier than ever

Live Mint  

Fundraising activity in India will be stronger than ever over the next two years as conglomerates, tech firms and financial services providers hunt for capital to fuel growth and owners seize the moment to sell holdings, Bank of America Corp.’s co-head of investment banking in the country said. Reliance Industries Ltd., controlled by Asia’s richest person Mukesh Ambani, has been …

National Startup Day: Visionaries speak on new ventures’ role in driving growth
11 months, 1 week ago

National Startup Day: Visionaries speak on new ventures’ role in driving growth

Live Mint  

National Startup Day: In recent years, Indian startups have experienced extraordinary growth, propelling the country to the position of the third-largest startup ecosystem globally. Celebrating National Startup Day on January 16, key figures in the startup ecosystem shared insights on the crucial role the new ventures played in shaping India's future. India recorded over 112,718 DPIIT-recognised startups spanning 763 districts …

Indian space industry's meteoric rise in 2023 sets stage for stellar 2024
11 months, 1 week ago

Indian space industry's meteoric rise in 2023 sets stage for stellar 2024

India Today  

2023 was a marvelous year for the Indian Space Industry with the successful launch of Chandrayaan-3 and the Aditya-L1, India’s first solar mission. Indian space startups have become a strong pillar for the private space industry in the last decade, especially after the landmark decision to open the Indian space sector to private companies by Prime Minister Narendra Modi in …

Indian startups witness 65.8% drop in funding between Jan-Nov 2023: GlobalData
1 year ago

Indian startups witness 65.8% drop in funding between Jan-Nov 2023: GlobalData

Live Mint  

Indian startups witnessed a 65.8% drop in funding in terms of value between January and November 2023, according to a report by Times of India. Citing data from GlobalData, Indian startups raised $6.9 billion across 1,013 venture capital funding deals in the past 11 months this year. Among the top VC funding deals in Indian startups this year were- $250 …

Indian startup funding shrinks by 73% in 2023. What model companies can adopt now?
1 year ago

Indian startup funding shrinks by 73% in 2023. What model companies can adopt now?

Live Mint  

Indian startups have reported around 73% decline in funding this year as compared to 2022. In India, startup funding has declined to a five-year low figure in 2023 — $7 billion as compared to $25 billion received in the previous year, a nearly 73% decline from funding recorded in 2022 amid a worsening global macroeconomic environment tossed by geopolitical tensions. …

Venture Capital funding in India plunges over by 67% during Jan-Oct this year
1 year ago

Venture Capital funding in India plunges over by 67% during Jan-Oct this year

Live Mint  

India witnessed a decrease in venture capital funding deals, with a total of 920 deals announced during January-October 2023. India holds a significant position in the Asia-Pacific market and is closely ranked after China in terms of both volume and value of venture capital funding deals. According to GlobalData's Financial Deals Database, India witnessed several venture capital funding rounds exceeding …

How Indian startups are contributing to India’s $5 trillion economy goal?
1 year, 2 months ago

How Indian startups are contributing to India’s $5 trillion economy goal?

Live Mint  

Indian startups have witnessed remarkable growth in recent years, with the country emerging as the third-largest ecosystem for ventures globally. In 2022, Indian startups attracted a whopping $42 billion in funding, a substantial leap from the previous year's $16 billion which underscores their pivotal role in India's aspiration to achieve a $5 trillion economy goal. India will soon become a …

The Art Of A Good Unicorn| Unwrapping the prolonged funding winter
1 year, 4 months ago

The Art Of A Good Unicorn| Unwrapping the prolonged funding winter

Hindustan Times  

Once dominated by unicorns, the Indian startup scene is now grappling with a prolonged funding winter, stricter diligence on fresh investments and down rounds if the latest deal data is anything to go by. Despite the significant dry powder earmarked for Indian start-ups, the ecosystem reported the lowest six-month funding trends in the last four years during H1 CY23 at …

Indian startups set for more pain as funding crunch worsens
1 year, 8 months ago

Indian startups set for more pain as funding crunch worsens

Live Mint  

A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with stretched valuations and faltering consumption growth, likely laying the ground for industry consolidation. The prospect of fast rising consumption both offline and in India's digital space helped many startups clock multi-billion-dollar valuations in recent years, with …

Startups in India see 75% drop in funding; check details
1 year, 8 months ago

Startups in India see 75% drop in funding; check details

Live Mint  

The startup ecosystem in India saw a considerable decline in investment in the first quarter of 2023 when compared to the same period in 2018, according to the latest "Tracxn Geo Quarterly Report: India Tech - Q1 2023". According to the research, startup companies in India raised $2.8 billion in total in the first quarter of 2023, down 75% from …

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18
1 year, 10 months ago

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18

Firstpost  

Finance Minister Nirmala Sitharaman said, ‘The major push for startups happened in 2016 when the honourable Prime Minister announced a policy. And subsequently year after year giving concessions’ New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that funds are waiting to see more innovative startups from India and assured that there is no scarcity of funding. In an …

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups
1 year, 10 months ago

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups

Firstpost  

The Indian startup ecosystem has been witnessing an unprecedented boom in the last few years with new businesses emerging in a multitude of sectors. As a result, this year’s Union Budget 2023 is being closely watched by many startups, as they seek measures to support them in overcoming these difficult times. To ensure effective regulation of the rapidly developing startup …

Budget 2023 Expectations: Startups seek efforts to foster innovation and digitisation
1 year, 10 months ago

Budget 2023 Expectations: Startups seek efforts to foster innovation and digitisation

Firstpost  

The year gone by would be remembered as a marquee year for the technology space, especially smart wearables, from an innovation and adoption standpoint in India. Attention to diversifying the vast pool of Indian talent will also help create new cutting-edge differentiation in the startup sector, enabling India to take center stage in the global ecosystem. Creating an ecosystem for …

US venture capitalists hope Budget 2023 supports growth, startup ecosystem
1 year, 10 months ago

US venture capitalists hope Budget 2023 supports growth, startup ecosystem

Business Standard  

US venture capital firms investing in India are expecting the Union Budget 2023 to support the growth and development of the startup ecosystem in the country, according to a top investor. As a US-based venture capital firm investing in India, we are keenly interested in policies and initiatives that will support the growth and development of the startup ecosystem in …

How Budget 2023 can help Indian Startups: Top 5 expectations
1 year, 11 months ago

How Budget 2023 can help Indian Startups: Top 5 expectations

India TV News  

Budget 2023 Expectations: India is emerging as one of the strongest business environments in the world, and our entrepreneurial spirit is one of our greatest strengths. Among the few expectations and viewpoint that industry professionals put forth from the budget include: As per Ridhima Kansal, Director, Rosemoore, “The Indian start-up ecosystem is no more just a peripheral entity but is …

Budget 2023: Industry Pins Hopes On Increased Govt Funding And Support For Online Initiatives
2 years ago

Budget 2023: Industry Pins Hopes On Increased Govt Funding And Support For Online Initiatives

ABP News  

Union Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2022-23 on February 1, 2022. Hence, a natural expectation for most of India's population from Budget 2023 is to see a range of positive income tax changes to support households who have been hit by rising costs. There is palpable anticipation around the upcoming Budget 2023, which must …

Success rate of startups in India higher than in other countries: Piyush Goyal
2 years ago

Success rate of startups in India higher than in other countries: Piyush Goyal

The Hindu  

The government on Wednesday said that the success rate of startups in India was much higher than in other countries of the world, and the number of startups in the country had increased from 452 in 2016 to 84,012 till November 2022. Though I must say, the success rate of startups in India is relatively higher than the rest of …

Why are Indian start-ups facing such a severe funding winter?
2 years, 2 months ago

Why are Indian start-ups facing such a severe funding winter?

Business Standard  

India’s most valuable start-up, Byju’s, is laying off nearly 2,500, or 5 per cent, of its employees as part of its optimisation plan. Analysis by CB Insights showed that in the third quarter of calendar year 2022, India’s share of total venture capital funding that went to Asia fell by nearly half to 14 per cent, compared to 22 per …

India Inc's Overseas Direct Investment Drops 59% at $1.03 Billion in August: RBI Data
2 years, 3 months ago

India Inc's Overseas Direct Investment Drops 59% at $1.03 Billion in August: RBI Data

News 18  

India Inc’s investment in their overseas ventures dropped by 59 per cent on an annual basis to $1.03 billion in August this year, data from Reserve Bank showed on Friday. The RBI data on Outward Foreign Direct Investment for August 2022 showed that the total financial commitment by the domestic firms was worth $1,027.67 million in August 2022-23. Among the …

Is Rupee Fall Impacting Startups' Valuation, Funding? Know What Experts Say
2 years, 4 months ago

Is Rupee Fall Impacting Startups' Valuation, Funding? Know What Experts Say

News 18  

Impact of Rupee Fall on Startups: As the rupee, which has fallen about 7 per cent in the current calendar year so far, has adversely affected the inflation rate in India by making imports costlier, the depreciation in the domestic currency also is impacting the startup valuation and funding. Know in details: Tarun Sharma, managing partner of India-focused mid-market growth …

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 …

Startup Layoffs: Overall Funding Is No Less This Year, But Why Firms are Firing Employees
2 years, 6 months ago

Startup Layoffs: Overall Funding Is No Less This Year, But Why Firms are Firing Employees

News 18  

Although start-ups are resorting to lay-off of employees as they cite cost-cutting as the primary reason, data show that the overall funding for these new-generation enterprises during January-April this year is almost the same as last year and even the number of companies raising over USD 100 million is also higher than last year. Interestingly, the data showed that the …

‘No easy money’: India’s startup boom is giving way to a painful slowdown
2 years, 7 months ago

‘No easy money’: India’s startup boom is giving way to a painful slowdown

Live Mint  

The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion, after marquee investors such as SoftBank and Fidelity pumped in hundreds of millions of dollars. They aimed to ride a boom in India's tech startups, which raised a record $35 billion in new funds in 2021, but the tide has …

Budget 2022 is going to put India into a higher growth trajectory: Ranjit Jha
2 years, 9 months ago

Budget 2022 is going to put India into a higher growth trajectory: Ranjit Jha

Deccan Chronicle  

Rurash’s founder CEO Ranjit Jha feels positive about Budget 2022 and says “It’s a growth-focused budget.” The fintech enthusiast is already on the lookout for sunrise opportunities and is hopeful that the “objective” of increasing investment levels will put India onto a higher growth trajectory. When we asked for a hint of the sunrise opportunities, he told us, “AI, geospatial …

Budget 2022: Incentivise tech adoption among small and medium businesses
2 years, 10 months ago

Budget 2022: Incentivise tech adoption among small and medium businesses

Firstpost  

Union Budget 2022-23: Govt should also look at doing away with mandatory GST registration for businesses with a turnover of less than Rs 40 lakh The Small and Medium Business sector is among the most important sectors of the economy. Incentivise tech adoption among SMBs The Budget presents a good opportunity for the government to incentivise tech adoption among SMBs. …

Union Budget 2022: What start-up companies and MSME sector are expecting this year
2 years, 10 months ago

Union Budget 2022: What start-up companies and MSME sector are expecting this year

Firstpost  

The pandemic disrupted the world and life as we knew it, changed. As we get closer to the announcement of the government’s financial budget for the nation, I would like to highlight my expectations for the start-up environment and the MSME sector which is the medium-sized enterprises and how the government could focus on the taxation, funding or enabling cash …

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 …

How India-China investment tension affects India's economy
3 years, 8 months ago

How India-China investment tension affects India's economy

China Daily  

A vendor poses in front of his stall with a T-shirt bearing the logo of the video-sharing application TikTok in New Delhi on Tuesday, June 30, 2020. The restrictions did follow the disclosure in early April that the People's Bank of China bought a "1 percent stake in India's largest nonbanking mortgage provider HDFC Bank”, and that the move was …

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic
3 years, 10 months ago

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic

Firstpost  

Indian startups are estimated to have received $10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said. “Weathering negative sentiment, seed stage investment deals grew by 50 percent from $353 million over 420 deals in 2019 to $372 million over 672 deals in 2020. The report said Bengaluru, …

Indian Startups Received $10.14 Billion in Funding in 2020; E-Commerce, Edtech Biggest Gainers: Report
3 years, 10 months ago

Indian Startups Received $10.14 Billion in Funding in 2020; E-Commerce, Edtech Biggest Gainers: Report

News 18  

Indian startups are estimated to have received USD 10.14 billion in funding across more than 1,200 deals in 2020 despite the Covid-19 crisis, a report by consulting firm HexGn said. Even though the total investment received in 2020 is lower than that of 2019, the number of deals were higher by 20 per cent, the report said. “Weathering negative sentiment, …

Indian Startups End 2020 on Strong Note Even as Chinese Investors Dry Up Cash Flow
3 years, 11 months ago

Indian Startups End 2020 on Strong Note Even as Chinese Investors Dry Up Cash Flow

News 18  

Indian startups understandably saw a decline in the amount of money they raised through 2020, as the Covid-19 pandemic and its subsequent impact on Indian and global economies took its toll. According to consultancy firm Tracxn, 2020 marked the first year since 2016 when the total amount of funding raised by startups in India failed to cross the $10 billion …

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