Datakatalyst Ventures LLP

Proud to announce, Datakatalyst Ventures LLP has won the Best Financial Institution Supporting Startups 2024 award at Startup Mahakumbh 4.0, New Delhi. This is a testimony of 6 years of our hard work, working with 150+ startups, raising ₹645 crores and nurturing relation with 500+ global investor partners. The event was organised by India First Startup Mission in association with Ministry of Electronics and IT (MeitY) along with Ministry of Heavy Industries, Government of India. #StartupFunding, SIMPLIFIED. Abhinav Rai, Pratik Vyas, Manasvi Gupta, Naman Karamchandani, Radhika Mahalle, Richa Sabnis

8 startups, 5 judges and 1 grand stage! #PitchFest is the stage where inventive startups thrive, opening doors to boundless possibilities, just as exemplified at #TechSparks2023, Delhi edition!🔥 YourStory's Pitch Fest serves as a pitching platform, linking pre-seed and seed #startups with the finest #VCs and an attentive audience nationwide. Here's a quick recap! Are you daring enough to revolutionize and eager to present your narrative? Join us at the upcoming Pitchfest in Mumbai! Stay tuned!💡 Footrax ReCircle Rebolt EV Charging Farmonaut®Kiko Live Naxatra Labs Autotisement AdTech

What has been the performance of Indian startups in the initial two weeks of January? Securing funding is pivotal for startups, offering essential capital for growth, development, and innovation. It empowers businesses to scale, attract talent, and overcome challenges on the path to success. Now, let's delve into how funding is unfolding for startups at the beginning of the year. In the first week of 2024, a total of 17 startups received funding totaling $88.7 million. This included four development stage deals and 11 early stage deals, with two transactions withheld from public disclosure. M&A in first week- the U.S.-based AI-driven cybersecurity company, SentinelOne, has formalized an agreement to acquire PingSafe, a venture backed by Peak XV Partners, through a cash and stock transaction. In the second week of January, there was a noticeable increase in startup investment activity, with 31 Indian startups raising a total of $157.3 million. This includes nine growth stage and 19 early stage transactions, with the specifics of three startups not published. M& A in second week- Leading IT services exporter Infosys Ltd completed an acquisition deal with semiconductor design firm InSemi for Rs 280 crore ($33.7 million) in cash. In addition, Edtech business Veranda Learning Solutions is expected to pay $43.6 million for Tapasya Educational Institutions. #startupsfunding #investors #fundingopportunity #newyearfunding #venturecapital #M&A #innovation #techstartups #b2b #b2c #d2c #investmentbanking

The Surging Rise of E-Mobility Adoption The Government Considers Constructing 6,000 Kilometers of Electric Vehicle-Ready Highways Along the Golden Quadrilateral But what is golden Quadrilateral? The longest national highway system in India connects important industrial, agricultural, and cultural hubs via the Golden Quadrilateral. With Delhi (north), Kolkata (east), Mumbai (west), and Chennai (south) as its vertices, it forms a quadrilateral. In an attempt to lower fuel consumption and vehicular emissions through the electrification of intercity public transport for the next seven years, the government intended to construct 6,000 KM of electric vehicle-ready highways on the Golden Quadrilateral in order to promote the adoption of e-mobility and the deployment of e-buses. By 2030, the government intends to have 500,000 electric buses for private operators, 50,000 electric buses for schools, and 50,000 electric buses for state transportation undertakings (STUs). This is in line with the larger incentive programme called Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME). The electrification of highways will contribute to the expansion of charging infrastructure, encouraging more people to adopt electric cars for everyday travel. According to figures given by the Federation of Automobile Dealers' Association (FADA), electric car sales in India increased 49.25% year on year to 15,29,947 units in 2023. Several Indian EV startups, such as Ather Energy, Altigreen Propulsion Labs, BluSmart, and Exponent Energy, currently provide sustainable transportation solutions. The Indian EV market, which includes both small and large businesses, is expected to total $15.3 trillion by 2027. #evmobility #startups #equityfunding #evcharging #enviroment #sustainableenergy #enterpreneurship #electriccars #ebus #startupfunding