Last fortnight, 3 year old Udaan raised $585MM, helping the fastest Indian unicorn reaching a valuation of close to $3Bn.
Last fortnight, BlackBuck reported it was planning to scale to a million drivers as it raised capital to be a unicorn.
Last week, B2B online listing platform IndiaMart had a $60MM IPO subscribed 36 times, a big first for an online Indian e-commerce player.
To Be or Not to Be
After a few years of moving to the US, in 1995 Dinesh Agarwal got some interesting news from back home.
India was launching the Internet in 1995, and Mr.
Last week, payment solutions startup Razorpay raised $75MM to deepen its neo-banking and lending product portfolio.
Shashank Kumar and Harshil Mathur, batchmates from engineering, decided to quit their post campus jobs to start something of their own.
The year was 2014, and the Indian startup ecosystem had begun to roar.
Last week, fintech enabled lending firm InCred raised $100MM, marking a sizable Series A for a company that is 3 years old.
Big Bank Bucks
Like most startup founders, Mr Singh set out to disrupt an already existing market (education loans) with technology (data-driven creditworthiness).
Last week, content network The Viral Fever (TVF) released the second season of the entertaining Tripling under TVFPlay.
Long before starting TVF, founder Arunabh Kumar was preparing to be what most of us end up being.
Deploying $15MM in 4 diverse companies over one week is a strong signal of how particularly interesting financial technology in India is.
Last week, biopharmaceutical startup Vyome Therapeutics raised $22MM to advance development of its key dermatology molecules.
The year ends tomorrow and it is a great time to recap 2018 to better understand what 2019 has in store for the Indian startup ecosystem.
Walmart’s acquisition of Flipkart was the most important and influential event for the Indian startup ecosystem this year.