Tracxn

Indian startup funding dips 7% to $7.6 billion in first nine months of 2024

Funding rounds declined to 1,036 from 1,579 during the same period, according to data from market intelligence platform Tracxn's India Tech 9M 2024 report

India's edtech sector sees 30% drop in funding to $215 mn amid slowdown

According to the report, the Indian edtech sector reported the highest-funded quarter in Q3 2021 with an overall funding of $2.48 billion

Raghu Reddy-led Circuit House Technologies raises $4.3 mn in seed funding

The round also saw participation from prominent angel investors including Varun Alagh, co-founder of Mamaearth, and Abhishek Goyal, co-founder of Tracxn

Fintech funding down 59% to $795 million in H1 2024: Tracxn report

But India's fintech funding market continued to remain amongst the top three globally

Tech startup funding at $4.1 bn in H1 2024, 4% higher than H2 2023: Tracxn

Indian tech startups raised a total USD 4.1 billion in H1 2024, four per cent higher than H2 2023, although the numbers still trailed the levels seen a year ago, according to a report by market intelligence platform Tracxn. At USD 4.1 billion, India still remains the fourth-highest funded country globally in the tech startup landscape, it said. The United States led in overall funding volumes, followed by the UK and China. "Indian tech startups raised USD 4.1 billion in H1 2024, a 4 per cent increase from USD 3.96 billion in H2 2023. Though there was a 13 per cent decrease compared to USD 4.8 billion raised in H1 2023, India still remains the fourth-highest funded country globally in the tech startup landscape," the Tracxn report said. Tracxn, India Tech Semi-Annual Funding Report H1 2024 offered insights on funding trends, sector performances, and notable developments in the Indian technology sector for the said period. Citing key trends, it said seed-stage funding increased to U

Fintech ups and downs in the first quarter of 2024 as funding declines

There were two initial public offerings in Q1CY24 and none the same time last year. Five fintech firms raised $446 million in Q1, according to Tracxn.

Indian fintech startup funding surges 59% in Q1 CY2024: Tracxn report

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

India home to 8,000 women-led tech startups, Delhi-NCR tops list: Tracxn

Of the over 8,000 women-led startups, 2,316 have received funding while about 6,000 are unfunded. Women tech entrepreneurs have cornered 14.8% share of the overall tech funding pie at $23 billion

A 'Slice' of lifeline: Fintech firm to infuse capital in North East SFB

To merge Fintech for capital infusion in the bank, lower promoter stake

Funding into edtech sector plunges 48% in 2023 due to decreased demand

Experts said that the demand-supply mismatch between teachers and course availability in offline education is expected to fuel the growth in the sector in the coming years

Funding on Earth but sky is the limit for India's space technology sector

Private entities are now actively involved in crucial aspects of research, manufacturing, and fabrication of rockets and satellites, fostering a vibrant ecosystem of innovation

Funding spring for startups may return in next 12 months, say analysts

The India tech startup ecosystem witnessed its highest funding of $43.5 bn in 2021 and after this, the funding started to witness a downfall and there is no sign of improvement in the funding to date,

Indian start-ups raise more funds than China for 2nd straight year

No new unicorns were created during the first six months of the year, against 19 unicorns in H1 2022 and six in H2 2022

Indian startup funding fell 72% in H1CY23, funding rounds down 66%: Tracxn

In all cities, Bangalore emerged as the leader in total funds raised during this period, followed by Delhi-NCR and Mumbai

Environment tech startups raised $2.1 bn in FY23 amid funding winter

Late-stage deals accounted for 55% of total investments at $1.2 billion, early-stage funding made up 39% of the share, with these startups raising $831 million

Indian fintech start-up funding fell 47% in 2022, says Tracxn report

Growth in the space was expected to continue in the long run, propelled by a large unbanked population

China saw the steepest fall in funding activity among global peers in 2022

India saw the second-highest fall in funding activity, down 33 per cent in 2022 from 2021, says Tracxn

Quick commerce finds it footing amid funding winter, now needs to scale

The sector has fared well both on the fund raising front and on operational performance

Startup funding dips by 35% to $24.7 bn in 2022 YTD: Tracxn report

Late-stage funding fell by 45 per cent from $29.3 billion between January to November 2021 to $16.1 billion for the same period in 2022

South Korea's KB Group invests $100 mn in Elev8 Venture Partners Fund

Financing will help Elev8 identify investment opportunities in Indian technology companies