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Based on data from Tracxn, drone start-ups in India have collectively raised $414 million in equity funding.
Updated : May 15, 2025

'Expect surge in defence startup investments': Naukri.com founder Sanjeev Bikhchandani hails Akash, BrahMos impact

Start-ups in India's defence technology sector that specialise in counter-drone systems are experiencing a significant increase in demand.

The BWAI 2025 report deep-dives into the motivations, skill gaps, and socio-economic constraints that shape the entrepreneurial journeys of women in Bharat.
Updated : Apr 30, 2025

70% of women entrepreneurs want to improve their financial, marketing, and digital skills: Study

The study aims to capture the aspirations and pain points of women entrepreneurs from Tier 2, 3, and beyond towns in India

Rajeev Chandrasekhar pointed out that the government needs to facilitate the emergence of pioneering figures in this sector by providing access to capital, markets, and opportunities.
Updated : Apr 8, 2025

'Deep tech requires a new breed of entrepreneurs...': Rajeev Chandrasekhar on next innovation wave in startups

Speaking at the India Global Forum in Mumbai, Chandrasekhar stated that while earlier entrepreneurial success was largely driven by consumer-focused models, future advancements would be fuelled by deep-tech ideas.

Updated : Apr 8, 2025

Sanjeev Bikhchandani hits back at startup critics: 'Founders take a risk'

Sanjeev Bikhchandani defends Indian startups against Suhel Seth's criticism, citing resilience and foreign investment as vital elements of the ecosystem.

Minister Piyush Goyal suggested that India needs to build “great local champions in internet” that can generate revenue in FCF.
Updated : Apr 4, 2025

'In the gig world, logistics is huge...': Deepak Shenoy reacts to Zepto CEO's comments on Indian startups

According to Deepak Shenoy, startups such as Zomato, Swiggy, Zepto, Flipkart, and Ola have taken measures to reduce delivery expenses, accelerate delivery speeds, and increase their presence in various cities.

During his speech on Friday, Amitabh Kant emphasized the importance of Indian startups developing their own AI models using indigenous data that is free from Western biases.
Updated : Apr 4, 2025

After Piyush Goyal’s comments, Amitabh Kant says Indian startups have done a good job

During the inaugural ceremony of the Startup Mahakumbh 2025, Union Minister of Commerce, Piyush Goyal highlighted the limited involvement of Indian startups in deep tech innovation and other significant industries.

India added the 2nd highest number of unicorns at six as compared to top global tech start-up ecosystems in 2024, taking the combined valuation of current Indian unicorns to $220 Bn+.
Updated : Apr 3, 2025

Indian start-ups see renewed investor interest; funding rises 23% amid cautious optimism: Report

Number of deals also saw a 27% uptick compared to CY2023. This revival was further underscored by a 2.1X increase in newly founded tech startups during the year, bringing the total number of Indian tech startups to an estimated 32,000–35,000.

A logistics policy has been established at the central government level to work in conjunction with state governments to lower logistics costs.
Updated : Mar 25, 2025

‘Start-up ecosystem should not just focus on services but also products in manufacturing sector’: DPIIT Secretary

DPIIT secretary Amardeep Singh Bhatia mentioned that there is much more to be done in reducing the burden of regulations, deregulation, and lowering the cost of doing business.

Earlier, in November 2021, the company raised $2 million in its pre-Series A round.
Updated : Nov 12, 2024

Ugaoo secures Rs 47 cr in Series A funding round, plans to open 80 retail stores by 2030

Ugaoo plans to use the funds to expand its presence in the top 10 Indian cities and open 80 retail stores by FY30. The company also aims to diversify its product range by collaborating with international plant suppliers and offering exotic plants and premium care products in India.

With the addition of My Chicken and More’s 23 stores, Licious will expand its physical retail footprint to 26 outlets in Bengaluru.
Updated : Oct 14, 2024

Licious acquires Bengaluru-based My Chicken and More, to expand presence in South India

Media reports speculate the acquisition’s value at Rs 200 crore; company has dismissed figures and has refrained from disclosing financial details

Mstack said that the fresh infusion will be used to disrupt a historically flawed supply chain for specialty chemicals.
Updated : Oct 4, 2024

Specialty chemicals marketplace Mstack bags $40 million funding

Founded in 2022 by Shreyans Chopra, Mstack is a cross-border company that offers mid-to-large scale enterprises a full-stack solution for sourcing specialty chemicals through a reliable supply chain

The incubator unit will be set up in Hitachi’s premises in Kadi, Gujarat.
Updated : Oct 3, 2024

Hitachi Air Conditioning India signs MoU with DPIIT to set up start-up incubator

Incubator designed to provide robust platform for start-ups focussed on selected manufacturing sectors, fostering technological advancements, sustainability, and energy efficiency

Commenting on the growing number of D2C startups in India, Gupta said that some years down the line, there will millions of brands across every segment, in the country.
Updated : Sep 5, 2024

Many startups are becoming brands leveraging quick commerce benefits: BOAT’s Aman Gupta

Aman Gupta said that digital commerce has evolved on multiple fronts as payment gateways have become faster, simpler and user-friendly, yet secured with time.

Lack of trust can also lead to higher costs for businesses, said Meeta Rajivlochan, Secretary, Department of Youth Affairs.
Updated : Aug 29, 2024

Young entrepreneurs should focus on ethics in business, improving quality of goods % services: Youth Affairs secretary

Lack of trust can also lead to higher costs for businesses, she noted, adding that building trust has positive outcomes

The Finance Act 2023 proposed to extend Angel Tax even to non-resident investors from April 1, 2024.
Updated : Jul 4, 2024

Budget 2024: DPIIT wants angel tax, inverted duty to be removed this time

DPIIT Secretary Rajesh Kumar Singh stated on Thursday that the department has recommended a gradual elimination of the inverted duty structure and the reduction of high tariffs on inputs within industries like electronics.

The Institute of Chartered Accountants of India (ICAI) inaugurated StartUp Sphere 2024 in Bengaluru
Updated : Jul 1, 2024

​StartUp Sphere 2024 highlights ICAI’s impact on India’s economic growth, innovation; launches start-up and MSME yatra

The yatra bus will travel to 100 cities in 100 days, showcasing the diverse endeavours of the MSME and start-up ecosystems; it will focus on enhance financial and tax literacy and build capacity among MSMEs and start-ups

AWS stated that the selected start-ups operate in a range of space segments, such as spacecraft propulsion, orbital and launch vehicles, satellite imagery, and others.
Updated : Jun 28, 2024

AWS shortlists 24 start-ups under its space accelerator programme

The programme was launched in partnership with ISRO and IN-SPACe

This year's list has 1 Gazelle and 2 Cheetahs from SpaceTech, 5 Gazelles and 6 Cheetahs from AI, and 1 Gazelle and 5 Cheetahs from the EV/Renewable Energy sectors.
Updated : Jun 20, 2024

India home to 67 unicorns, 46 gazelles, 106 cheetahs: ASK Private Wealth Hurun India Future Unicorn Index 2024

India’s future unicorns are currently worth $58 billion, with an increase of 1.8% as compared to the last year. This year's index featured significant advancements. Ixigo, a former Cheetah, went public with a 48% premium.

Beauty brand RENEE Cosmetics founders Priyank Shah, Aashka Goradia, and Ashutosh Valani.
Updated : Jun 13, 2024

RENÉE Cosmetics raises Rs 100 cr in its Series B round of funding from Edelweiss Group, Evolvence India

In December 2022, RENEE secured $25 million in a Series B funding round, led by Evolvence India. Edelweiss Group and current investors Equanimity and 9Unicorns (now 100 Unicorns) also took part in the investment.

The VC firm stated that the fund will be used to support early to growth-stage start-ups and help them scale their businesses.
Updated : May 24, 2024

VC firm Finvolve closes Rs 100 crore maiden fund, launches three more with Rs 500 crore target

The three funds worth collective target of Rs. 500 crores focussed on backing GIFT City- based start-ups.

 The Hurun Global Unicorn Index 2024 noted that Indians are setting up more offshore unicorns than any other country, co-founding 109 unicorns outside of India compared to 67 here.
Updated : Apr 9, 2024

Unicorns worldwide: India ranks third with 67 unicorns, US has 703, China has 340

Hurun Global Unicorn Index noted that India produced more offshore unicorns than any other country, co-founding 109 unicorns outside of India compared to 67 in India.