Funding | Page 5

Deal volumes also saw a strong uptick. VC/PE growth deals rose from 880 in 2023 to about 1,270 in 2024. Meanwhile, PE's share of investment value tilted more toward buyouts: buyout or majority control deals made up 51 per cent of total PE deal value in 2024, up from around 37 per cent in 2022.

The firm's Fund II has made nine investments so far, in tech-led firms across consumer internet, Bharat, fintech, B2B commerce, enterprise tech, and emerging sectors in India. According to Fundamentum, the portfolio has delivered nearly 80 per cent revenue growth over the last year.

In 2024, Bain & Company's India Venture Capital Report finds that CVCs stepped up meaningfully: their deal volumes increased approximately 1.8 times versus 2023, and their share of India's overall VC deal volume rose to 20 per cent, up from 16 per cent in 2023.

Founded by Varun Jain and Dr. Shivin Chaudhry, Sarrthi IAS focuses on mentorship-driven UPSC preparation and offers courses such as GS Foundation, Mains modules, Prelims revision, and interview training.

According to Roadzen, the financing values the India subsidiary, which contributes less than 60 per cent of consolidated revenues, at approximately INR 740 crores (USD 84 million) pre-money, representing close to 25 per cent premium to the company's current Nasdaq market capitalization.

Cuzor Labs announced an INR 5 Crore seed round, marking a first angel-investment from Ramesh Kannan, Founder and Managing Director of Kaynes Technology India Limited, underscoring growing confidence in India's ability to build globally competitive hardware.

With the fresh funds, the Mumbai-based startup aims to expand its services to more locations across the country.

The company said in a release that the funding will be utilized towards R&D, accelerate product innovation, and strengthen manufacturing capacity, with an aim to build deeper market penetration through its direct-to-consumer (D2C) online presence.

The below brands have announced their latest funding rounds.

The report said that the changes proposed to the new US tax bill could also drive fresh concerns over the period of next 3-6 months, with investors and startups taking guard to evaluate potential implications and incorporate them into their operations and deal-making processes.

The startup is primarily concentrated in the US, it also operates an engineering and technology team of about 30 employees in Gurugram, which it plans to double in the coming months.

India's private capital markets have witnessed a shifting landscape in 2025, with both venture capital (VC) and private equity (PE) showing diverging momentum compared to the same period last year. Data from January to August 19, 2025, from Tracxn highlights both cautious deployment and sectoral rebalancing across the ecosystem.

The investment is expected to support Goldi Solar's capacity expansion and strengthen India's position as a global renewable energy hub.

As part of the deal, Peak XV Partners partially sold its stake in the company.

Approved in principle earlier this June, SEBI has cleared a framework to let Cat-I/II AIFs launch a Co-Investment scheme (CIV) inside the AIF structure, instead of using a separate portfolio management service (PMS), available to accredited investors in that AIF. Each co-investment will be a separate CIV scheme with some relaxed requirements.

The below brands have announced their latest funding rounds.

The proceeds will be directed towards completing the ongoing Phase 2 clinical trial of its retinal pigment epithelial cell therapy, Eyecyte-RPE™, in India and preparing for an Investigational New Drug application with the United States Food and Drug Administration.

For private equity (PE) and impact firms like Leapfrog, these trends are shaping their investment strategy for the foreseeable future.

India's readiness is further underscored by its rapid rise in AI talent and multilingual NLP capabilities, enabling developers and non-developers, even in remote regions, to build applications in regional languages.

India's private equity (PE) and venture capital (VC) investment landscape in 2025 reflects a market navigating both macroeconomic headwinds and sectoral realignments: In the first half of the year, PE/VC investments totaled USD 26.4 billion across 593 deals, according to the latest data from the EY-IVCA Mid-Year Report.

A joint IAMAI–Grant Thornton Bharat report estimates the sector's value is projected to grow at 25.8 per cent CAGR, reaching nearly USD 29 billion by 2030. It further estimates that EdTech's share of India's GDP will quadruple, from 0.1 per cent in 2020 to approximately 0.4 per cent by 2029.