Here’s a crisp summary of the key updates from the Indian startup ecosystem (Feb 3–8)

Here’s a crisp summary of the key updates from the Indian startup ecosystem (Feb 3–8)

Funding Highlights

  • Total: $137M across 23 startups (5 growth-stage, 13 early-stage, 5 undisclosed)
  • Comparison: Down 43% from $241M last week
  • Growth-Stage Deals: Cashfree ($53M, Series C), Shadowfax ($16.8M), Apex Kidney Care ($9M), Nua ($4M), Auxilo ($5.7M debt)
  • Early-Stage: AI startup TrueFoundry led with $19M (Series A); other sectors: cybersecurity, battery tech, wellness, hiring platforms, D2C

Sector & City Trends

  • Top Sectors: AI & HealthTech (5 deals each), followed by Fintech (3 deals)
  • Top Cities: Bengaluru (10 deals), followed by Delhi-NCR, Mumbai, Pune, and Hyderabad
  • Series-Wise: Seed funding led with 9 deals

Key Leadership Changes

  • Shadowfax: Added 3 independent directors
  • Aisle: Appointed Chandi Gaglani as Head of Aisle Network
  • Livspace: Promoted Ramakant Sharma to CEO
  • Delhivery: Hired ex-Airtel CEO Vani Venkatesh as CBO
  • Departures: Flipkart CPTO Jeyandran Venugopal & The Good Glamm Group’s Priyanka Gill

Mergers & Acquisitions

  • Perfios acquired CustomerXPs (fraud detection platform Clari5)
  • Adar Poonawalla’s family office took a 20% stake in AstaGuru
  • Veefin Group acquired UAE-based TradeAssets

New Fund Launches

  • Info Edge committed $115M to tech-driven startups via IE Venture Investment Fund III

New Launches & Partnerships

  • Ola Electric launched Roadster X EV bike
  • Bhavish Aggarwal launched Krutrim AI Labs with ?2,000 Cr investment
  • Tata Communications & CoRover.ai teamed up for AI solutions

Financial Results

  • Swiggy: ?4,000 Cr revenue, InstaMart grew 2.1X
  • Ola Electric: Losses surged 50% to ?564 Cr
  • Zomato: Board approved renaming to ‘Eternal’

Potential Deals

  • CRED & Newtap to invest ?550 Cr in an NBFC arm
  • ITC to acquire Meatigo
  • IPO-bound Zetwerk to raise ~$30M at a $3.1B valuation

News Flash

  • PhonePe exited the Account Aggregator business
  • Shein re-entered India via Reliance Retail partnership
  • HDFC Bank Parivartan launched ?20 Cr grants for 50+ startups

Sumit Chakraborty

Venture Enthusiast | Exploring Asia & LATAM Investments | Fintech, SaaS, Gaming & Financial Analysis | Growth & Market Strategies | Leadership & Process Optimization | 5+ Years Global Experience

2 周

Wow, what an exciting week for the Indian startup ecosystem! It's great to see so many innovative companies raising funds and making strategic moves. I'm particularly intrigued by the growth in AI and HealthTech sectors, showing a strong focus on cutting-edge technologies and healthcare solutions. The news about Ola Electric's Roadster X EV bike and Bhavish Aggarwal's investment in Krutrim AI Labs is truly inspiring. Looking forward to seeing how these developments shape the future of the industry. Keep up the fantastic work, everyone! ?? #IndianStartups #Innovation #TechTrends

回复

Amandeep Saini Banwait , It's interesting to see how the funding landscape is shifting! Even with the dip, it looks like there are still some exciting developments in the growth and early-stage sectors. I'm curious to see how this will impact the startups moving forward. Do you think we'll see a rebound soon? ?? #StartupEcosystem #FundingTrends

回复

要查看或添加评论,请登录

Amandeep Saini Banwait的更多文章

社区洞察

其他会员也浏览了