The Changing Pace of India's Unicorn Club 🦄 🇮🇳 Only 5 new unicorns have emerged in the last 18 months, compared to 44 during the 12 months of 2021. Tight funding conditions have led to seven companies losing their billion-dollar status since 2021. #unicorns #startups #india #funding #digitalindia #startupindia #investors #venturecapital
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*In Calendar Year #2024 , worldwide, 110 #Unicorns were created, 5 of them in #India * #Bengaluru is the Unicorn capital of India with 46 Unicorns. Followed by #Mumbai 21 and #Gurugram 14. @BL #indianeconomy #startups #successfulstartups #CreateLeaders
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#News | Piyush Goyal, Minister of Commerce and Industry, sets a bold agenda for India's startup realm: aiming for 1,000 unicorns! Highlighting our third-largest ecosystem globally, he stresses on crucial private sector investments and domestic industry participation. #RealtyNXT #Startups #Investment #IndianStartups #TechRevolution #DomesticInvestments
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India's unicorn drought may finally be over! After waiting 8 months in 2023 for its first unicorn, India has already seen 4 unicorns in the first 8 months of 2024! Can we expect a unicorn boom this year? 🦄👀 #IndiaUnicorns #Startups #Sustainability
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India's Fastest Unicorns🦄 Krutrim is now the fastest-growing startup to reach unicorn status in India, achieving this feat in just 9 months!🚀 Which other sectors do you think will see similar explosive growth in India? Tell me in the comments!👇 #unicorns #startups #india #business
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VC funding into Indian #startups for Q1 2024 dropped by 22% compared to the same period last year. 📉 Total VC #funding in Q1 2024 stood at $2.5 billion, down from $3.2 billion in Q1 2023. 💡 Early-stage companies secured $795 million across 229 deals, while growth-stage startups raised $790 million with 43 deals. 🦄 Excitingly, Q1 2024 saw the emergence of two new unicorns: Krutrim and Perfios. 🏙️ In terms of cities, Bengaluru led with $1 billion in funding, followed by Delhi-NCR ($681 million) and Mumbai ($419 million). by Thimmaya Poojary 🔗 Read more on the link in our comments section 👇
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#Startups Highlights 👇 Indian startups managed to raise $86.4 Mn via 16 deals, more than 80% drop from $432.2 Mn raised across 24 deals in the preceding week. It is pertinent to note that the week was sans mega funding and further marks the beginning of festivity in India. 𝙆𝙚𝙮 𝙎𝙩𝙖𝙧𝙩𝙪𝙥 𝙁𝙪𝙣𝙙𝙞𝙣𝙜 𝙃𝙞𝙜𝙝𝙡𝙞𝙜𝙝𝙩𝙨 𝙊𝙛 𝙏𝙝𝙚 𝙒𝙚𝙚𝙠: 🔸 On the back of the week’s top funding round, which saw mstack raising $40 Mn, entrerprisetech retained its top spot as the most funded sector. 🔸 Ecommerce witnessed the most number of deals materialise this week. Startups in the sector raised $6.7 Mn via 4 deals. 🔸 Seed funding dipped this week, with startups at this level only managing to raise $1.9 Mn as against $44.5 Mn raised last week. #funding #fundraising #startups #d2c #ecommerce #startup #unicorns #india #indianstartups #startupnews #news #business #businessnews #investors #investing #startupindia #unicorn #soonicorn #finance #financialnews #fintech #enterprisetech #ecommerce
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Exciting times for startup funding in India! 🇮🇳 I recently shared my thoughts in a Financial Express article on the rise of angel networks in tier II and III cities. Key takeaway: Angel investors in these cities are often drawn to startups with strong fundamentals, like profitability and a clear path to exit through an IPO. This trend is fueling a more inclusive startup ecosystem across India. Read the full article to learn more about this shift and the factors driving it: https://lnkd.in/gj5jWgXQ #angelinvestors #startups #funding #tier2cities #tier3cities #financialexpress #india #faad Aditya Arora Dr.Dinesh Singh Harshika Paliwal Shivani Khare Neha Mourya Vatsal Lunawat Shashank Rawat Samarth Gupta
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The ANGEL TAX has been a hurdle for far too long. At Guptaji Invests, we're excited to see it abolished in Budget 2024. This is a game-changer for startups and fosters a more supportive environment for growth. Let's Invest in India! #Guptajiinvests #InvestInIndia #Budget2024 #nirmalasitharaman #indiabudget2024 #angeltax #startups #startup #india
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#startups #indianeconomy #techsaavy #unicorns #vcfunding Start-ups can add $1 trillion to Indian economy by 2030: CII report
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According to some reports, and by observing the previous trends Indian Entrepreneurs are now going solo. They didn't want any VC to be involved in their decision, they are focusing on profitability and freedom to build their way. One more reason we can say is that the changed environment of investment, now the investors want to put the money on that startup that has somehow generated some revenue. Indian Startup Ecosystem is now witnessing a Bootstrap boom, which will play a big role in shaping the Indian startup ecosystem in comparison to unicorn boom. #unicorn #bootstrap #startups #investment #indian #funding #revenue #profits
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