Startup Stories – Technology For You https://www.technologyforyou.org Technology News Website Fri, 07 Nov 2025 10:32:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://www.technologyforyou.org/wp-content/uploads/2019/09/cropped-tfy-logo-header1-1-32x32.jpg Startup Stories – Technology For You https://www.technologyforyou.org 32 32 Turbostart Expands to Delhi-NCR to support and Accelerate the Emerging Startups in the region https://www.technologyforyou.org/turbostart-expands-to-delhi-ncr-to-support-and-accelerate-the-emerging-startups-in-the-region/ https://www.technologyforyou.org/turbostart-expands-to-delhi-ncr-to-support-and-accelerate-the-emerging-startups-in-the-region/#respond Fri, 07 Nov 2025 10:32:45 +0000 https://www.technologyforyou.org/?p=363028 New office base to enhance engagement with early-stage founders, investors, and policy partners across North India.

National, 6th November, 2025 – Turbostart, the Bangalore-headquartered venture capital fund and startup accelerator, has announced the opening of its new office in New Delhi. Turbostart has accelerated over 50 early-stage and 10+ later-stage startups, investing over $35 million across diverse sectors and technologies since its inception. The expansion marks a strategic move to strengthen its presence across North India — a region that now contributes to over one-third of the country’s emerging startups.

The Delhi office will serve as a key hub for sourcing high-potential early-stage ventures and building stronger collaborations with investors, institutional partners, and the broader entrepreneurial ecosystem. Through this new base, Turbostart aims to identify and nurture promising startups while connecting them to its global network of mentors, strategic partners, and its five domain-focused Centers of Excellence (CoEs).

“At Turbostart, we believe that innovation thrives where access, opportunity, and mentorship intersect. Expanding to Delhi strengthens our ability to connect with emerging entrepreneurs, institutional partners, and investors at the heart of India’s economic and policy ecosystem,” said Rajagopal Koushik, Founding Partner and CEO of Turbostart. “This milestone reflects our ongoing commitment to catalysing sustainable growth and creating lasting impact across India’s startup landscape.”

The Delhi office will also anchor the regional expansion Ken42, Turbostart’s AI-powered operating system for higher education institutions. Under the leadership of Abhishek Sachar, newly appointed CTO of Ken42, the platform will collaborate with universities across North India to enhance digital operations and academic management. Turbostart’s largest CoE, TSquaredC, will similarly benefit by tapping into the region’s strong base of engineering and software talent.

Piyush Arora, Head of Corporate Strategy and Investment at Turbostart, who will lead operations in the region, said, “The opening of our Delhi office marks a natural progression in Turbostart’s growth journey. The region’s entrepreneurial energy and technological depth hold immense promise, and we are committed to translating that potential into meaningful, measurable impact.” In addition to this, Arora also oversees business expansion for Turbostart’s ventures, including PiChain, an AI-native vendor onboarding and management solution, with Dhruv Khandelwal leading Optimile, an end-to-end logistics technology platform.

With established operations in Bangalore and Coimbatore, Turbostart continues to scale its national footprint. In June 2025, the company opened an office in Kolkata, led by Ramaprosad Ghosh, to strengthen sales and technology capabilities for Turbostart and its portfolio companies. The next phase of growth will see new offices in Mumbai and Pune, two of India’s fastest-growing startup centres.

Internationally, Turbostart maintains an active presence in the United States and the Middle East, with plans to expand into the United Kingdom and Singapore in the coming years. These initiatives reinforce Turbostart’s vision of building a globally connected ecosystem for early-stage founders and emerging technologies.

]]>
https://www.technologyforyou.org/turbostart-expands-to-delhi-ncr-to-support-and-accelerate-the-emerging-startups-in-the-region/feed/ 0
US VC funding value surges 84% YoY during Q1-Q3 2025 despite fall in deal volume, finds GlobalData https://www.technologyforyou.org/us-vc-funding-value-surges-84-yoy-during-q1-q3-2025-despite-fall-in-deal-volume-finds-globaldata/ https://www.technologyforyou.org/us-vc-funding-value-surges-84-yoy-during-q1-q3-2025-despite-fall-in-deal-volume-finds-globaldata/#respond Fri, 31 Oct 2025 10:58:48 +0000 https://www.technologyforyou.org/?p=362845

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The massive surge in US VC funding value showcases its ability to attract significant capital despite a decrease in the number of transactions. Investors are gravitating towards fewer, larger deals, reflecting a more cautious yet optimistic approach to capital allocation. This divergence also highlights a significant shift in market dynamics with a growing preference among investors for quality over quantity, as they seek to maximize returns in a competitive market.”

The US continues to remain the top market globally for VC funding activity, and the massive surge in funding value further reinforces its dominance. An analysis of GlobalData’s Deals Database revealed that the US accounted for 30% share of the total number of VC deals announced globally during Q1-Q3 2025. Meanwhile, its share of global value stood much higher at around 66%.

Bose adds: “The comparative performance of other leading markets also reveals the unique trajectory of the US.”

While China and India saw increases in deal volume of 2% and 12%, respectively, their VC activity in terms of funding values did not keep pace with the US’ explosive growth. China’s funding value plummeted by 32%, while India’s value increased by 14%, further emphasizing the US’ dominance in attracting capital.

Bose concludes: “The concentration of funding in the US is indicative of a broader trend towards larger investment rounds. The surge in value suggests that investors are willing to back companies that demonstrate clear paths to profitability. This trend is likely to continue as the market matures and investors seek to mitigate risks associated with early-stage ventures.”

]]>
https://www.technologyforyou.org/us-vc-funding-value-surges-84-yoy-during-q1-q3-2025-despite-fall-in-deal-volume-finds-globaldata/feed/ 0
India VC funding activity sees significant YoY growth during January-April 2025, finds GlobalData https://www.technologyforyou.org/india-vc-funding-activity-sees-significant-yoy-growth-during-january-april-2025-finds-globaldata/ https://www.technologyforyou.org/india-vc-funding-activity-sees-significant-yoy-growth-during-january-april-2025-finds-globaldata/#respond Thu, 29 May 2025 18:33:30 +0000 https://www.technologyforyou.org/?p=355660

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The growth is particularly noteworthy, given the challenges faced by other major markets. Interestingly, this positive trajectory stands in contrast to the trends observed in several key markets where either the total VC funding deal volume or the deal value has seen a decline, while some markets even experienced a decline in both.”

For instance, the US and the UK registered growth in VC funding value but a fall in deal volume during January-April 2025 compared to January-April 2024. Meanwhile, China experienced a decline in both VC deal volume and value during the same period.

It is also noteworthy that India continues to be a key global market for VC funding activity and remained among the top five countries in terms of both deal volume and value during the first four months of 2025.

An analysis of GlobalData’s Deals Database revealed that India accounted for more than 8% of the total number of VC deals announced globally during January-April 2025, while its share of the corresponding funding value was more than 3%.

Bose concludes: “The increase in VC deal volume and value is a testament to the confidence investors have in the Indian market. As startups continue to innovate and scale, we can expect this trend to gain momentum, further enhancing India’s position as a global VC hub.”

]]>
https://www.technologyforyou.org/india-vc-funding-activity-sees-significant-yoy-growth-during-january-april-2025-finds-globaldata/feed/ 0
India VC funding deal volume and value up by 14% and 12% YoY in Q1 2025 https://www.technologyforyou.org/india-vc-funding-deal-volume-and-value-up-by-14-and-12-yoy-in-q1-2025/ https://www.technologyforyou.org/india-vc-funding-deal-volume-and-value-up-by-14-and-12-yoy-in-q1-2025/#respond Fri, 02 May 2025 12:16:07 +0000 https://www.technologyforyou.org/?p=354323

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “This increase is particularly noteworthy given the backdrop of a global VC market that has seen varying trends with several key markets experiencing setbacks either in terms of deal volume or value. While the global VC landscape has shown signs of volatility, particularly in markets like China, which has experienced a significant decline in both deal volume and value, India’s upward trajectory is a stark contrast. Moreover, other key markets such as the US and the UK also experienced decline in VC deal volume but growth in terms of value.”

This divergence highlights the unique position India holds in the global VC ecosystem, as it continues to attract investors’ attention despite broader market challenges. An analysis of GlobalData’s Deals Database revealed that India accounted for around 9% share of the total number of VC deals announced globally during Q1 2025. Meanwhile, its share of the global VC deal value stood at around 4%.

The resilience of the Indian VC market can be attributed to several factors. The technology sector continues to be a magnet for venture capital, driven by rapid digital transformation and the increasing adoption of technology across various industries.

This trend is further supported by a young, tech-savvy population and a growing middle class, which together create a fertile ground for innovative startups. Indiat’s initiatives to promote entrepreneurship, such as the Startup India program, have also played a pivotal role in fostering a conducive environment for startups.

Bose concludes: “The early 2025 VC funding landscape in India reflects a promising growth story, characterized by increasing deal volume and value. As the country solidifies its position as a key player in the global venture capital arena, the focus on sustainable growth and innovation will be the key to continue attracting investments.

]]>
https://www.technologyforyou.org/india-vc-funding-deal-volume-and-value-up-by-14-and-12-yoy-in-q1-2025/feed/ 0
The Power List: Indian Entrepreneurs Driving Innovation https://www.technologyforyou.org/the-power-list-indian-entrepreneurs-driving-innovation/ https://www.technologyforyou.org/the-power-list-indian-entrepreneurs-driving-innovation/#respond Wed, 26 Mar 2025 16:40:04 +0000 https://www.technologyforyou.org/?p=352701

India’s startup ecosystem has shown a remarkable transformation in recent years. Today, India boasts the world’s third-largest startup ecosystem, with over 1.5 lakh registered startups, and is expected to see consistent annual growth of 12-15%. This incline in India’s position is possible because of aLeaders across the sectors are redefining innovation while also sharing a common goal: to create impactful solutions to disrupt traditional norms. They have started a new page of ‘Entrepreneurial wave’ in the nation’s growth story. From technology to healthcare, and sustainability to e-commerce, these entrepreneurs have not only built successful businesses but have also inspired a generation to dream big and aim higher.

Anant Goel, Co-founder, ⁠Handpickd
Anant Goel, the founder of Handpickd, is a serial entrepreneur who has revolutionized the way Indians access high-quality fruits and vegetables. Anant founded Milkbasket, in 2015, which created the first online grocery network to meet consumers’ everyday household needs. Post the acquisition of Milkbasket by Reliance at $40M, Anant founded Handpickd, India’s first ‘match-making’ platform for personalized fresh produce shopping. Headquartered in Gurugram, Handpicked is a unique platform that operates a zero-inventory model, sourcing directly from farmers to ensure high-quality fruits and vegetables while minimizing waste. With a strong focus on efficiency and sustainability, Handpickd is redefining the fresh produce supply chain in India. His vision and dedication to digital connectivity have transformed the way people experience and procure fresh produce while improving the lives and livelihoods of store owners.

Deepinder Goyal – Founder of Zomato
Deepinder Goyal, Founder, MD and CEO of Zomato, a popular online food delivery and restaurant discovery platform. With a background in mathematics and computing from the Indian Institute of Technology, Delhi, Goyal has led Zomato through significant growth to worth around $2.2 billion USD since its inception in 2008. Under his leadership, the company has become a household name, transforming the food industry through technological innovation, community engagement, and support for food entrepreneurs and businesses. With Zomato’s user-friendly mobile app, customers can effortlessly discover restaurants, browse menus, schedule dining, place orders, and track deliveries, all in one place. Deepinder’s entrepreneurial spirit and focus on leveraging mobile technology have played a crucial role in reshaping the food delivery and restaurant discovery landscape in India.

Abinav Varma Kalidindi, Founder and CEO, Ikonz
Abinav Varma Kalidindi started Ikonz Studios in 2021 with a focus on AI-driven digital experiences. Abhinav’s Ikonz is the first Indian company that builds hyper-realistic AI avatars and holographic solutions. Working with global personalities and brands, one of its biggest projects is creating the AI-powered digital avatar of Amitabh Bachchan, which was launched in partnership with IDFC FIRST Bank. Abinav, who has a background in technology and finance, has previously built and exited a consumer tech company in the U.S. before founding Ikonz. His focus now is on integrating AI-powered digital assistants into industries like banking, healthcare, education, and entertainment. Ikonz is backed by prominent investors funds that have been backed by Village Global, whose notable LPs include Mark Zuckerberg, Bill Gates, Jeff Bezos among others.

Deepak Sahni, Founder, Healthians
Deepak Sahni, founder of Healthians, started his career as a computer assembler turned digital marketer and went on to build one of India’s largest at-home diagnostic chains. He founded Healthians in 2015 to make preventive healthcare more accessible and affordable for everyone. By combining convenience with quality, Healthians became the first Indian company to ensure high-quality healthcare services to reach people’s doorsteps across India. Sahni continues to push for digital transformation in diagnostics, with AI and technology playing a bigger role in Healthians’ next phase of growth. The company has introduced AI-driven tools like Smart Report and video analysis of health reports, which simplify complex medical data and help users better understand their test results. These features empower individuals to make informed healthcare decisions, bridging the gap between diagnostic insights and actionable steps. Recently, Healthians has secured No. 1 position in Times Health Survey, operating in over 250 cities with a network of 22+ certified labs and a large fleet of trained phlebotomists, reinforcing its mission of making healthcare more accessible and user-friendly. Diagnostic startup Healthians recorded a modest 8% year-on-year growth during the fiscal year ending March 2024.

Prachi Dharani, Co-founder, PayGlocal
Prachi Dharani, Co-founder and CEO of PayGlocal, is a seasoned payments industry professional with over 20 years of experience. She leads PayGlocal in delivering innovative cross-border payment solutions, enabling Indian businesses to grow globally with secure and seamless transactions. Before founding PayGlocal, Prachi held leadership roles at Visa, First Data, and ICICI Bank. Under her leadership, PayGlocal has been a pioneering force in cross-border payments and operates a comprehensive suite of payment services and cutting-edge technology platform for payment processing and transaction risk management, specifically designed to meet the evolving needs of merchants, partners, and banks. PayGlocal has handled more than INR 22 billion worth of transactions till now, enabling over 1,300 merchants across different platforms and supporting payment acceptance from 181 countries. Through a robust transaction security based approach, the firm has thwarted more than INR 1 billion worth of fraud attempts and recorded up to a 20% hike in Payment Success Rates (PSR) for its customers. PayGlocal’s focus on innovation, security, and customer support makes it a leader in the global payments space, driving seamless and secure transactions for businesses worldwide.

Vineeta Singh – Co-founder & CEO, SUGAR Cosmetics
Vineeta Singh, Co-founder and CEO of SUGAR Cosmetics, a fast-growing D2C beauty brand valued at approximately $500 million.
 Known for its innovative product offerings and cutting-edge marketing strategies, SUGAR has become a go to name among young consumers since its inception in 2015. With a background in electrical engineering from the Indian Institute of Technology, Madras, and an MBA from the Indian Institute of Management, Ahmedabad, Vineeta has steered the brand to success through data-driven insights, social media engagement, and influencer marketing. Under her leadership, SUGAR Cosmetics has redefined beauty standards, offering trendsetting products that cater to diverse customer needs. The brand’s tech-savvy approach and commitment to inclusivity have positioned it as a leader in the competitive beauty industry. Vineeta’s entrepreneurial vision continues to drive the brand’s growth, setting new benchmarks for quality and innovation.

Kabir Jeet Singh, Founder and CEO, Burger Singh
Kabir Jeet Singh, founded one of the largest Indian homegrown QSR brands, Burger Singh, challenging a market long dominated by multinational giants. His foray into the burger business began during his MBA at Birmingham Business School when he worked at a local burger joint. Experimenting with Indian spices to enhance the otherwise bland offerings, he identified a gap in the market. This insight led to the launch of Burger Singh in 2014, blending global fast food with desi flavors. His focus on customizing flavors for different regions and expanding beyond metros has helped the brand find success even in Tier 2 and Tier 3 cities. With 175+ outlets across 75+ Indian cities, Burger Singh continues to compete in a segment that was once thought to be untouchable for homegrown brands.

Tarun Joshi, Founder and CEO, IGP.com
Tarun Joshi’s career started in aerospace engineering and later moved to private equity investing before he entered the e-commerce space. He founded IGP (International Gifts Platform) to solve a key problem, how to make online gifting more personalized and efficient. Under his leadership, IGP has become one of Global largest direct-to-consumer gifting platforms, delivering products to 1,000+ cities in India and 150+ countries worldwide. With services like 30-minute delivery in major cities and same-day delivery across 400+ locations, the company has built a niche in curated and customized gifting. IGP has also expanded its business offline and aims to open 140 dark stores and 22 retail stores in the next 1-2 years.

]]>
https://www.technologyforyou.org/the-power-list-indian-entrepreneurs-driving-innovation/feed/ 0
VC funding in US startups surges by more than 50% during January-February 2025 https://www.technologyforyou.org/vc-funding-in-us-startups-surges-by-more-than-50-during-january-february-2025/ https://www.technologyforyou.org/vc-funding-in-us-startups-surges-by-more-than-50-during-january-february-2025/#respond Tue, 25 Mar 2025 05:43:43 +0000 https://www.technologyforyou.org/?p=352675

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “This divergence highlights a shift towards larger investments in high-potential startups, underscoring the evolving nature of the VC ecosystem, where quality is increasingly prioritized over quantity.”

Some of the notable VC funding deals announced in the US during January-February 2025 included $3 billion secured by Infinite Reality, $700 million funding in X-Energy, Saronic Technologies’ $600 million fundraising, $527 million secured by KoBold Metals, and NinjaOne’s $500 million worth of fundraising.

Bose adds: “The high growth in funding value for the US also stands out prominently against the backdrop of a global VC funding landscape that has also seen fluctuations.”

It is noteworthy that other major markets such as China experienced double-digit YoY decline in both VC deal volume and value during the review period. Meanwhile, countries like India and Japan have shown resilience. However, the US remains the clear leader, capturing a substantial share of global VC funding.

An analysis of GlobalData’s Deals Database revealed that the US accounted for around one-third of the total number of VC deals announced globally during January-February 2025 while capturing more than half of global funding value.

Bose concludes: “The US VC market is demonstrating a clear trend towards larger, more strategic investments. This shift is leading to a concentration of capital in fewer but more promising startups. VC firms seem to be increasingly looking for startups with proven business models and scalable solutions, which is driving up the average deal size. As the VC ecosystem evolves, it will be interesting to see how the trend unfolds in the coming months.”

]]>
https://www.technologyforyou.org/vc-funding-in-us-startups-surges-by-more-than-50-during-january-february-2025/feed/ 0
Startup Policy Forum Joins Hands with IIT Madras to Foster Startup Policy Research, Innovation and Data-Driven Advocacy https://www.technologyforyou.org/startup-policy-forum-joins-hands-with-iit-madras-to-foster-startup-policy-research-innovation-and-data-driven-advocacy/ https://www.technologyforyou.org/startup-policy-forum-joins-hands-with-iit-madras-to-foster-startup-policy-research-innovation-and-data-driven-advocacy/#respond Thu, 27 Feb 2025 10:15:05 +0000 https://www.technologyforyou.org/?p=351505
  • Startup Policy Forum (SPF), an industry alliance with India’s leading high-growth startups as its members, will collaborate with IIT Madras’s Centre for Research on Start-Ups and Risk Financing (CREST)
  • Partnership to focus on driving policy research and knowledge exchange for advocating progressive regulatory and policy frameworks
  • IIT Madras remains at the forefront of entrepreneurial and technological innovation, with successful startups like Ather Energy, Uniphore, Mindgrove Technologies, InCore Semiconductors and MediBuddy emerging from its fore
  • In a pioneering move set to redefine the intersection of industry, academia and policy research, the Indian Institute of Technology Madras (IIT Madras) has entered into a Memorandum of Understanding (MoU) with the Startup Policy Forum (SPF). This collaboration will enable the two institutions to work towards a knowledge partnership to drive data-driven and evidence-driven policy advocacy for the startup ecosystem.

    This landmark partnership leverages IIT Madras’s unparalleled academic, research and innovation expertise alongside SPF’s deep engagement in working on startup policy and regulatory frameworks with startups and policymakers. As India’s leading research and academic institution, IIT Madras has gained a lot of prominence for incubating high-impact startups—such as Ather Energy, Uniphore, MediBuddy, Mindgrove Technologies and InCore Semiconductors.

    As part of this collaboration, SPF will support the Centre for Research on Start-Ups and Risk Financing (CREST), which engages in high-quality research to support the financing of innovation, startups and entrepreneurship. The partnership will specifically collaborate to contribute to and promote IIT Madras’ YNOS, a startup intelligence platform that brings together information and research on various stakeholders and government schemes.

    Prof. Manu Santhanam, Dean (IC & SR), said, “This collaboration with SPF aligns with our vision to translate research excellence into meaningful policy contributions. We are excited to co-create knowledge, support founders and industry leaders, and empower the next generation of entrepreneurs through impactful policymaking.”

    Shweta Rajpal Kohli, President & CEO, Startup Policy Forum (SPF), said “For India to cement its position as a global startup hub, it is imperative to have a robust policy framework and data-driven policymaking. This partnership with IIT Madras is a testament to our commitment to shaping policies that are not just reactive but proactive in addressing the needs of India’s dynamic startup landscape.”

    Thillai Rajan, Professor, IIT Madras, shared, “IIT Madras has been at the forefront of fostering disruptive startups and pioneering technology research. By joining forces with SPF, we are strengthening the bridge between rigorous academic research and real-world policy impact. This partnership will enable data-driven policymaking that empowers startups and fosters a thriving innovation ecosystem.”

    ]]>
    https://www.technologyforyou.org/startup-policy-forum-joins-hands-with-iit-madras-to-foster-startup-policy-research-innovation-and-data-driven-advocacy/feed/ 0
    IT-Harvest Selected for 2025 Google for Startups Growth Academy: AI for Cybersecurity https://www.technologyforyou.org/it-harvest-selected-for-2025-google-for-startups-growth-academy-ai-for-cybersecurity/ https://www.technologyforyou.org/it-harvest-selected-for-2025-google-for-startups-growth-academy-ai-for-cybersecurity/#respond Sat, 15 Feb 2025 14:32:39 +0000 https://www.technologyforyou.org/?p=351247 BIRMINGHAM, Mich.Feb. 14, 2025 /PRNewswire/ — IT-Harvest is proud to announce its selection for the 2025 Google for Startups Growth Academy: AI for Cybersecurity. This prestigious program recognizes 16 innovative startups worldwide that are leveraging artificial intelligence to enhance cybersecurity.

    The Growth Academy is a year-long initiative designed to support high-potential startups in scaling their AI-driven cybersecurity solutions. Participants will benefit from personalized workshops and mentoring sessions led by experts from Google AI, Mandiant, VirusTotal, and Google Cloud. The program commences on March 26 in Warsaw, Poland, offering tailored support and access to a global network of industry leaders.

    “Being selected for Google’s Growth Academy is a significant milestone for IT-Harvest,” said Richard Stiennon, Co-founder and Chief Research Analyst at IT-Harvest. “This opportunity will enable us to enhance our platform and expand our reach, while supporing our enterprise customers.

    ]]>
    https://www.technologyforyou.org/it-harvest-selected-for-2025-google-for-startups-growth-academy-ai-for-cybersecurity/feed/ 0
    APAC VC funding: Deals volume falls across most of funding sizes in 2024, reveals GlobalData https://www.technologyforyou.org/apac-vc-funding-deals-volume-falls-across-most-of-funding-sizes-in-2024-reveals-globaldata/ https://www.technologyforyou.org/apac-vc-funding-deals-volume-falls-across-most-of-funding-sizes-in-2024-reveals-globaldata/#respond Sat, 08 Feb 2025 05:56:31 +0000 https://www.technologyforyou.org/?p=351106

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Be it low-value deals* or high-value deals, the decline in deals volume was witnessed across most of the funding size ranges in the region during the year. In fact, there was a double-digit decline in high-value VC deals volume. Meanwhile, VC deals valued over $500 million saw some marginal improvement in volume.”

    An analysis of GlobalData’s Deals Database reveals that the number of high-value VC deals declined by 24.1% from 112 in 2023 to 85 deals in 2024, whereas the volume of low-value VC deals fell by 2% from 2,604 in 2023 to 2,553 in 2024. Meanwhile, mid-size VC funding deals (valued >$10 million and ≤$100 million) volume declined by 15.3% from 1,282 deals in 2023 to 1,086 deals in 2024.

    Low-value deals continued to dominate and account for the largest chunk of deals volume in 2024. These deals accounted for a 68.5% share of the total number of VC deals with disclosed funding value announced in the APAC region last year.

    High-value VC deals accounted for a 2.3% share of the total number of VC deals with disclosed funding value announced in the region, while the share of mid-size VC funding deals stood at 29.2%.

    ]]>
    https://www.technologyforyou.org/apac-vc-funding-deals-volume-falls-across-most-of-funding-sizes-in-2024-reveals-globaldata/feed/ 0
    US VC funding reaches $125 billion during January-November 2024, finds GlobalData https://www.technologyforyou.org/us-vc-funding-reaches-125-billion-during-january-november-2024-finds-globaldata/ https://www.technologyforyou.org/us-vc-funding-reaches-125-billion-during-january-november-2024-finds-globaldata/#respond Wed, 25 Dec 2024 06:00:37 +0000 https://www.technologyforyou.org/?p=348633

    An analysis of GlobalData’s Deals Database also revealed that the US witnessed a 29.9% decline in VC deal volume during January-November 2024 compared to the announcement of 6,365 deals during January-November 2023. Despite this reduction in deal volume, the total disclosed funding value of these deals was up by 18.4% compared to $105.6 billion worth of funding raised during the same period in the previous year.

    Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The growth in total funding value could be attributed to the increase in the number of big-ticket deals. The number of VC deals valued more than or equal to $100 million announced in the US increased from 187 during January-November 2023 to 265 during January-November 2024.”

    Some of the notable venture capital funding deals announced in the US during January-November 2024 include $6.6 billion worth funding raised by OpenAI, $6 billion funding raised by X.AI, $5.6 billion funding secured by Waymo, $1.5 billion funding received by Anduril Industries, and $1.1 billion worth funding raised by CoreWeave, among others.

    Bose adds: “The US continues to dominate the global VC funding landscape both in terms of deal volume and value.”

    The US accounted for a 29.3% share of the total number of VC deals announced globally during January-November 2024, while its share in terms of total funding value stood at 52.5%.

    ]]>
    https://www.technologyforyou.org/us-vc-funding-reaches-125-billion-during-january-november-2024-finds-globaldata/feed/ 0