Today Startup News 17 January 2025 From The Indian Startup Ecosystem

The latest updates from the Indian startup ecosystem, featuring new funding rounds, acquisitions, government policies, investment funds, and more.

Startup Funding:

SaaS Startup Netradyne Raises $90Mn Funding in Series D Round
Netradyne, a software-as-a-service (SaaS) startup has raised 90 million in a Series D funding round led by Point72 Private Investments, along with participation from Pavilion Capital and Qualcomm Ventures.

KisaanSay Raises $2Mn Funding Led By Jungle Ventures
Gurugram-based KisaanSay, a food brand that works directly with farmer groups in India, has raised $2 million in a pre-seed funding round led by Jungle Ventures.

Biotech Startup Zerocircle Raises Rs 20 Cr Funding Led By Rainmatter
Zerocircle, a sustainable packaging solutions startup has raised Rs 20 crore in its seed funding round led by Nithin Kamath's venture capital firm Rainmattter

Startup News:

KRAFTON Plans Increased Investment In First-Party Game Production
South Korea-based PUBG maker KRAFTON outlined its plan on Friday to secure a major franchise IP for the company in the mid-to-long term. 

90 Crore Internet Users Expected in India by 2025, Says IAMAI-Kantar Report
India’s internet user base is expected to exceed 900 million (90 crores) this year, according to the “Internet in India Report 2024” by the Internet and Mobile Association of India (IAMAI) and Kantar.

Inflection Point Ventures Exits Parablu, Gains 2.2X MoM Return
Inflection Point Ventures (IPV), one of India’s top angel investing platforms, has announced its exit from Parablu, earning a 2.2X MoM return over 36 months and delivering a 30%+ IRR for investors.

Startup Story:

 Eight Times Eight: ChessMates Turned A Gap Into ₹1.13 Cr Revenue
Eight Times Eight founders and International chess players turned a gap into ₹1.13 cr revenue, focused on shaping an online global chess learning platform.

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