Funding | Page 7

The outlook further stated that the early days of 2025 have shown promising momentum, with PE/VC investments in India surging by 37 per cent month-on-month in January. This marks a slight dip compared to the same period in 2024, but the sequential uptick from December 2024, "notwithstanding the spike in uncertainty on geopolitics" and aggressive changes by the US trade policies, is said to be encouraging.

In terms of volume alone, exits in 2024 were the second-highest in history; however, there was a 7 per cent decline compared to 2023 (282 deals in 2024 vs. 304 deals in 2023). Exits were valued at USD 24.9 billion in 2023 and USD 18.3 billion in 2022.

According to the company, the fundraise showcases an increasing demand for its credit card, driven by rising consumer appetite for travel and a product-fit designed to cater GenZ and millennial needs.

The investment is said to be a mix of equity and debt, and according to a press release, the funds will be used toward scaling operations, enhancing AI-capabilities, and international expansion.

As part of the deal, Jindal Stainless has acquired a 9.62% stake in the company through a mix of primary and secondary transactions.

The fund is set up to disburse it capital over five years, kicking off with an INR 150 crore in 2025-26, followed by an annual INR 250 crore release for the next three years and closing the fund with the remaining INR 100 crore in 2030, with the government aiming to support at least 40 startups across.

The funds will be utilised to enhance TSI's technological infrastructure, scale merchant payment solutions, and expand its ATM and payment processing footprint across key Indian markets.

The report further states that the strong domestic fundamentals, progressive regulatory reforms, and rising public market activity have helped India's position as Asia Pacific's second-largest VC destination while global funding remained flat.

The Indian lab-grown diamond market is projected to exceed $1 billion by 2033, and Firefly Diamonds aims to capitalize on this growing demand with its innovative approach.

The recent debt infusion follows a INR 300 crore ($36 million) funding round last year, led by Flipkart co-founder Binny Bansal's Three State Ventures

Fundamentum Partnership Fund spearheaded the equity round with an INR 84 crore investment, while Accel India, Peak XV, and Sparrow Capital contributed INR 60.88 crore, INR 17.4 crore, and INR 4 crore, respectively.

Founded in 2009, DCDC currently operates more than 200 centers across India and is one of the biggest operators of dialysis clinics, both under public-private partnerships (PPP) and company-owned standalone clinics.

According to an earlier report by Lighthouse Canton, venture debt has risen as a key financing tool for India's startup ecosystem, with the finance option steadily growing, "mirroring the early days of venture capital.

The fresh funding reinforces AmpereHour Energy's position as a key player in the energy storage market, driving the transition to renewable energy with reliable, scalable, and cost-effective solutions.

The following startups have secured fresh funding to accelerate their growth and innovation.

The fresh infusion of funds will enable SILA to accelerate its growth, strengthen its network, and expand its presence across India's real estate landscape.

The following Indian startups have announced their latest funding rounds, securing fresh capital to drive innovation and expansion.

The fresh capital will be utilised to enhance InsuranceDekho's technological capabilities, expand its market presence, and strengthen its digital infrastructure to drive insurance adoption across India.

The following Indian startups have announced their latest investment rounds.

Beyond lending her name to the brand, PV Sindhu will take an active role in KiranaPro's mission to bridge the digital divide for small retailers. She will also be the official brand ambassador during IPL 2025.

Angel investors, including Nithin Kamath (Zerodha), Sriharsha Majety (Swiggy), and Jaydeep Burman (Rebel Foods), who had previously shown faith in the company, further reinforced its strong market position.