Pontaq

👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐲𝐭𝐞𝐬: India is emerging as a global leader in deep-tech innovation, boasting over 3,600 deep-tech startups that tackle some of society's most pressing challenges. These startups span sectors like artificial intelligence, robotics, blockchain, and advanced materials. With strong government support and increasing venture capital interest, deep-tech companies are not only driving technological advancement but also offering innovative solutions to complex societal issues. As India strengthens its digital infrastructure, deep-tech startups hold the potential to revolutionize industries and improve lives. #DeepTech #Innovation #AI #Startups #Technology #SocietalImpact #IndiaTech #VentureCapital #Blockchain

👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐲𝐭𝐞𝐬: Evenflow Secures Bridge Round Funding, Eyes IPO by 2027. Evenflow, a promising player in the startup ecosystem, has successfully completed an undisclosed bridge funding round as it gears up for a potential Initial Public Offering (IPO) in 2027. The funds raised will be crucial in bolstering its growth trajectory and enhancing operational efficiencies. Founded in 2021, Evenflow focuses on leveraging advanced technology to streamline various processes within its domain. The recent funding round is expected to propel its innovations, particularly in improving customer experiences and expanding its market reach. As the company prepares for its IPO, it aims to solidify its position as a leader in the industry by demonstrating robust financial performance and a clear path for future growth. This strategic move highlights the increasing confidence investors have in Evenflow’s business model and growth potential. With a proactive approach to funding and expansion, Evenflow is on the right path to becoming a significant player in its field, making it a company to watch in the coming years. Stay tuned as we follow Evenflow’s journey toward its IPO and continued success in the startup landscape! #Evenflow #StartupFunding #IPO #Innovation #TechStartups #BusinessGrowth #VentureCapital #Entrepreneurship #UKIndia | Utsav Agarwal For more details, read the full article ps://www.indiaretailing.com/).

That’s fantastic news! The UK’s record-breaking investment is certainly a testament to the strength of its ecosystem. It’s exciting to see the growing trade and investment partnership between the UK and South Asia, particularly India, continuing to thrive. #UKIndia | Harjinder Kang | Pontaq

👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐲𝐭𝐞𝐬: upGrad co-founder Mayank Kumar has stepped down from his role, as the company is reportedly in the final stages of securing $50-60 million in funding. Kumar, who played a pivotal role in scaling UpGrad into one of India’s top edtech platforms, is transitioning from day-to-day responsibilities but will continue as a board member. This move comes at a critical time for the company, as it strengthens its financial position with new investments. The funding will likely be a catalyst for UpGrad’s future growth. #EdTech #Startups #Funding #Leadership #Innovation

Join with us to Meet ‘n’ Greet Mr. Prem Barthasarathy, Managing Partner - Pontaq CIIC’s 4th Mega Demo Day!! On October 25-26, 2024 at Vandalur campus. Participant Registration: Register Here https://lnkd.in/gFYFh_FE Stay tuned for more exciting updates! Prem Barthasarathy | Pontaq | BSA Crescent Institute of Science and Technology | AIC - CIIC | DBT BIRAC | Ministry of Science and Technology, Government of India | Startup India | Invest India | Ministry of Electronics and Information Technology | MeitY Startup Hub | iDEX - DIO | Fisheries GoI | Atal Innovation Mission Official | All India Council for Technical Education (AICTE) | MoE's Innovation Cell | StartupTN | Tamil Nadu Technology Hub (iTNT) | Abdul Qadir Abdul Rahman Buhari | Chandu Nair| Reji Joseph | Rajan Srikanth | Akhila Rajeshwar | Meera Nair | Parvez Alam M | Nisha Mukund Ph.D | NATARAJAN T.R | Santhosh S | kiran chandran #CIIC #Crescent #Pontaq #Startupexpo #Demoday #Investors #AngelInvestors #Networking #Startup #Tamilnadustartups #Incubator #StartupEcosystem #Accelerator #Students #Startupenabler #Innovation #Entrepreneurs #Entrepreneurship #StartupCommunity #StartupSupport #InnovationHub #StartupLife #Mentor #EntrepreneurGoals #BusinessGrowth #Industryconnect #TechnicalAdvisors

👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐲𝐭𝐞𝐬: As venture capitalists tighten their funding strategies, early-stage startups in India are facing increased scrutiny, particularly regarding their product-market fit (PMF). A recent study by Venture Intelligence revealed that only 25% of startups that secured seed funding successfully transitioned to Series A funding, marking a significant drop in investor confidence. This shift comes as the number of Series A rounds has plummeted by 45% over the past year, reflecting broader market uncertainties. Startups must now prioritize demonstrating strong PMF to secure future investments. The landscape is challenging, but for those who achieve PMF, the path to subsequent funding rounds becomes considerably smoother. #Startups #VentureCapital #ProductMarketFit #Funding #Investment #Entrepreneurship #India #Innovation

👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐲𝐭𝐞𝐬: India's M2P Fintech has recently secured a significant funding round, bringing its total valuation to over $785 million. The latest funding round saw participation from prominent investors, including A91 Partners, which has a track record of supporting fintech innovations. M2P Fintech, known for its robust payment infrastructure solutions, plans to use these funds to enhance its product offerings and expand its market reach across Asia and beyond. This strategic move aligns with the growing demand for fintech solutions in an increasingly digital economy. The company’s achievements reflect the vibrant Indian fintech landscape, which is rapidly evolving and attracting substantial investment. As M2P Fintech continues to innovate, it sets a precedent for future fintech ventures in the region. This funding not only underscores the confidence investors have in M2P Fintech's business model but also highlights the potential for fintech companies in the Asian market. With its focus on creating seamless payment experiences and expanding its technological capabilities, M2P Fintech is poised to be a key player in shaping the future of financial services. #Fintech #Investment #Startup #M2P #Innovation #Funding #DigitalTransformation #FinancialServices #Asia #Entrepreneurship

👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐲𝐭𝐞𝐬: Amazon India has partnered with Startup India and the Department for Promotion of Industry and Internal Trade (DPIIT) to empower startups by leveraging e-commerce. This collaboration aims to facilitate the growth of Indian startups through access to Amazon's global network, marketing tools, and various business services. The initiative will help startups scale their operations, improve visibility, and streamline logistics, contributing to India's entrepreneurial ecosystem. By nurturing innovation, this partnership highlights the importance of e-commerce as a growth enabler for startups across diverse sectors. #Startups #Entrepreneurship #Ecommerce #AmazonIndia #DigitalInnovation #BusinessGrowth

👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐲𝐭𝐞𝐬: In the third quarter of 2023, Indian startups raised a total of $10 billion, reflecting a 15% decline compared to the previous quarter, marking a five-year low. The report by 1Lattice highlights that early-stage and seed funding saw a drastic drop of 74% and 75% year-over-year, respectively. Despite the overall decrease, there was a notable rebound in September, with funding increasing by 91% month-over-month, totaling $720 million. Fintech emerged as a key performer, attracting $436 million in funding—a 68% increase quarter-over-quarter, driven by the growing adoption of UPI payments domestically and in international markets. However, the transportation and logistics sector faced challenges, experiencing a 72% decline. Only two new unicorns were added in this quarter: Zepto and Zyber 365 Group, reflecting the overall trend of consolidation within the startup ecosystem. This fluctuation in funding dynamics underscores the resilience of Indian startups, which continue to adapt amidst changing market conditions, positioning the country as a leading tech ecosystem globally. #Startups #Funding #IndianTech #VentureCapital #Fintech #Entrepreneurship #Innovation #TechEcosystem | Crunchbase News Today | Business Insider | #UKIndia

👉 𝐐𝐮𝐢𝐜𝐤 𝐁𝐲𝐭𝐞𝐬: Vedanta Group recently announced an update regarding its fourth interim dividend for the financial year 2024-25, scheduled for October 8. The company has set October 16 as the ex-date and record date for the dividend distribution, should it be approved by the Board of Directors. This announcement comes after Vedanta has already declared three dividends this fiscal year: ₹11 in May, ₹4 in August, and ₹20 in September. Despite this positive development, Vedanta's shares saw a decline of approximately 3.66% following the announcement. This fluctuation highlights the volatility often seen in the stock market, especially around dividend announcements, as investors react to news and speculation. With a current annual dividend yield of around 8.32%, Vedanta remains a key player in the BSE 100 index, attracting investor attention. As investors watch closely, the upcoming board meeting will be crucial in determining the fate of this fourth interim dividend. The market's reaction to this update underscores the importance of strategic planning and communication in maintaining shareholder confidence. #Vedanta #Dividend #Investment #StockMarket #Finance #BSE #InvestingStrategy #UKIndia | Anil Agarwal | Navin Agarwal | Arun Misra | Priya Agarwal Hebbar