Analysis

India: Late-stage startup funding dips to five-year low of $2.3b in Jan-May

Late-stage deals had raked in $9.8b and $6.9b during the same period of 2022 and 2021, respectively.

Analysis

India’s startups rake in $2.6b in Jan-March, down 11% sequentially

Some signs of revival were seen in March when funding into startups surpassed the $1b mark.

Analysis

At $323m, startup megadeals in India hit 13-quarter low in Q1

The share of mega deals to total funding dropped to 12% in Q1 2024 from about 32% in the previous quarter.

Analysis

India Deal Review: PE/VC investments in startups breach billion-dollar mark in March

The deal volume, however, slipped on account of fewer early-stage transactions.

Venture Capital

Pocket FM raises $103m in Series D round led by Lightspeed

The latest round brings the total funding raised by the company to $196.5m.

Venture Capital

Asia Digest: India’s Pocket FM said to be raising over $80m; Pakistan’s BusCaro bags pre-seed funding

Pocket FM is seeking a valuation of around $800m, TechCrunch reported.

Deals

India Digest: BharatPe buys stake in Trillion Loans; Hypd raises $4m

Existing investors Sauce VC and Better Capital also participated in Hypd's funding round.

Deals

Pocket FM secures $16m from Silicon Valley Bank and other India deals

With the latest infusion, the startup's total funding stands at nearly $110m.

Venture Capital

Indian audio OTT app Pocket FM raises $65m led by Goodwater, Naver, Tanglin

Pocket FM is looking to expand into new languages, and invest in AI capabilities.

Deals

Lightspeed leads $22.4m funding in Indian audio OTT app Pocket FM

The financing also saw the participation of Times Group and Tanglin Venture Partners.