Indian startups

Indian startups raised over USD 1 billion funding in July: Report

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Indian startups raised over USD 1 billion funding in July: Report

New Delhi: Indian startups successfully raised $1.03 billion in July as the government abolished angel tax in the Union Budget 2024-25 which was levied on foreign investors, according to a report on Saturday. As per the report by Entrackr, in July, Indian startups raised a total funding of $1.03 billion under 126 deals. Out of … Read more

Startups in India raise over $97 million in election result week

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Startups in India raise over million in election result week

New Delhi: The Indian startup ecosystem, the world’s third largest, saw $97.3 million in funding across 10 deals this week as Lok Sabha election results were declared, paving the way for the BJP-led NDA to return to power. The fintech sector led the overall startup funding. Digital lending platform Fibe secured $90 million ($65.5 million … Read more