Surge, the Sequoia Capital India and Southeast Asia’s rapid-scale up program, announced the launch of its seventh cohort comprising 37 founders across 15 early-stage startups. Approximately a third of these startups have at least one female founder. So far, Surge startups have collectively raised over $1.7 billion in follow-on funding,...
India Companies Signed over 1,100 Deals for $104 Bn in H1 2022
According to the Bharat Dealtracker report by the accounting firm Grant Thornton, despite global uncertainties, India Inc witnessed around 1,149 deals, at a combined valuation of $104.3 billion in the first half of 2022. Overall deal volumes have undergone a 34% increase, with deal values doubling with a 143% growth...
India May Produce 250 Unicorns by 2025
According to a latest report from Bangalore-based investment fund Iron Pillar, a growth capital investor specializing in mid-stage technology companies that are "Built from India for the World," by 2025, India is expected to have more than 250 unicorns or privately held startups with a $1 billion valuation or above....
GE Healthcare To Mentor Six Indian Startups
GE Healthcare has chosen six Indian startups as part of the first cohort of its first collaboration program, Edison[X]. The startups chosen are Synapsica, DeepTek, 5C Network, Cancer Moonshot, ORBO AI and Predible. These startups will work towards developing solutions on the Edison platform for tough healthcare challenges existing today. “Edison[X]...
Y Combinator's Ralston Bullish on India Startups
Every year, the Mountain View, CA-based seed stage accelerator Y Combinator accelerates two startup batches and invests $150,000 each in them. In this year's summer 2019 batch of startups the company inducted 12 Indian startups out of the 140 that they interviewed. Company president Geoff Ralston said that India is...
In India, Lockheed Martin to Focus on Women-led Startups
Having supported startups in India for more than a decade, many of which were led by women, Maryland-based Lockheed Martin plans to invest in technology startups, with a special focus on women-founded ones, says its deputy executive vice president Lorraine M. Martin. Martin recounted initiatives to encourage women to join...