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India's financial technology (fintech) sector attracted $889 million in funding during the first half (H1) of 2025, marking a 26% decline from $1.2 billion raised in the second half (H2) of 2024 and a 5% drop from $936 million seen in H1 2024, according to a report by market intelligence platform Tracxn. Despite the dip, India retained its position as the third-largest fintech market globally, behind only the United States and the United Kingdom. "While the Indian fintech sector has seen a tem ...Read More >
New Delhi, Jul 4 (PTI) Indian fintech sector raised USD 889 million in the first six months of 2025, a drop of 26 per cent from USD 1.2 billion of H2 2024 and a five per cent slide from USD 936 million seen a year ago, according to a report by market intelligence platform Tracxn. As per the report, India ranked third globally, trailing only the United States and the United Kingdom. "While the Indian fintech sector has seen a temporary dip in funding, the steady momentum in early-stage investme ...Read More >
Bengaluru, July 4 (SocialNews.XYZ) India continues to be the third largest fintech startup ecosystem in the world, behind the US and the UK, a report said on Friday, adding that the sector raised a total of $889 million in the January-June period (H1 2025). Early-stage funding stood at $361 million, a 10 per cent rise from H2 2024 and 9 per cent from H1 2024. The sector witnessed 16 acquisitions in H1 2025, a 45 per cent increase from H1 2024, according to the report by Tracxn, one of the world ...Read More >
Patna: Industries minister Nitish Mishra felicitated five startups for their innovative projects at the 'Startup Spark 2.0' event in Patna on Tuesday. The event witnessed the launch of innovative products by emerging Bihar-based startups.It was organised in collaboration with BHub BSFC and the Incubation Centre, IIT-Patna. The event showcased innovative products of startups based in Bihar that are ready for market entry. "The event was organised to provide a platform to startups to connect, deli ...Read More >
New Delhi [India], June 7 (ANI): Indian quantum deeptech startup QuBeats has won the prestigious ADITI 2.0 Defence Challenge to develop an indigenous Quantum Positioning System (QPS) for the Indian Navy. The award, which comes with a grant of Rs 25 crore (USD 3 million), will enable QuBeats to build next-generation high-precision quantum sensors that promise accurate navigation in GPS-denied or spoofed environments - a critical capability for modern military operations. QuBeats said in a relea ...Read More >
MHOW, India -- A disturbing incident unfolded early Saturday morning at a government hospital in Mhow, Madhya Pradesh, where a stray dog was discovered carrying the body of a newborn infant in its mouth. The grim revelation was made near the hospital's toilet,prompting an immediate investigation by authorities. A security guard at the civil hospital in Mhow, roughly 25 kilometers from indore, spotted the animal and managed to retrieve the body. hospital officials and local police are n ...Read More >
New Delhi [India], June 7 (ANI): Indian quantum deeptech startup QuBeats has won the prestigious ADITI 2.0 Defence Challenge to develop an indigenous Quantum Positioning System (QPS) for the Indian Navy. The award, which comes with a grant of Rs 25 crore (USD 3 million), will enable QuBeats to build next-generation high-precision quantum sensors that promise accurate navigation in GPS-denied or spoofed environments - a critical capability for modern military operations. QuBeats said in a relea ...Read More >
Thiruvananthapuram: In his budget for 2025-26, Finance Minister K N Balagopal emphasised on technology, research, jobs, and education, positioning the state as a knowledge powerhouse. Here are key allocations and initiatives that could fuel the state's knowledge economy vision. Technology & AI * Rs 10 crore for establishing a world-class GPU cluster in Thiruvananthapuram to develop AI and AVGC (Animation, Visual Effects, Gaming, and Comics) industries. Unlike a CPU (Central Processing Unit), ...Read More >
Former Cleartrip CEO Ayyappan R has secured $8 million in seed funding for his quick commerce startup, FirstClub. Backed by Accel and RTP Global, the platform will offer premium local and global fresh products on a subscription model, launching in Bengaluru by mid-2025. FirstClub aims to cater to a discerning customer base seeking high-quality products and convenient delivery.Quick commerce startup, FirstClub, founded by former chief executive of Flipkart-owned Cleartrip Ayyappan R, has raised $ ...Read More >
Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors Also Read | US: Joe Biden Commutes Roughly 1,500 Sentences and Pardons 39 People in Biggest Singl ...Read More >
Mumbai (Maharashtra) [India], December 12: PayU, India's leading digital financial services providers, and Amazon Web Services (AWS), the world's most comprehensive and widely adopted cloud platform have launched InFINity 2.0, an accelerator program geared to help early-stage Indian fintech startups scale and succeed. The program targets startups that have raised less than $10 million and are seeking seed to Series A funding. Applications open on December 12, 2024, and close on February 15, 2025 ...Read More >
NewsVoir Gurugram (Haryana) [India], December 12: Navanc, a pioneering FinTech startup building India's first AI-powered property score and stack for secured lending and insurance practices, has successfully raised USD 1 million in a seed funding round. The round was led by Prarambh Ventures, with participation from Inflection Point Ventures (IPV), Brigade REAP FirstPort Capital, and marquee angel investors The funds will be directed toward expanding operations across India, with a focus on st ...Read More >
NewsVoir Mumbai (Maharashtra) [India], December 12: PayU, India's leading digital financial services providers, and Amazon Web Services (AWS), the world's most comprehensive and widely adopted cloud platform have launched InFINity 2.0, an accelerator program geared to help early-stage Indian fintech startups scale and succeed. The program targets startups that have raised less than $10 million and are seeking seed to Series A funding. Applications open on December 12, 2024, and close on Februar ...Read More >
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