Minakshi Sangwan

Junior Writer

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News and Trends

The Best Startup Funding This Week [May 4–May 10]

This week [May 4–May 10], the startups on the following list have raised the most money. Here's a brief overview of them:

News and Trends

Freshers Makeup 53% of Startup Jobs in India: foundit Insights Tracker

Between April 2023 and April 2024, startups in the IT services sector observed a consistent rise in employment, going from 20 percent to 23 percent. However, recruiting for startups in the media & entertainment, Internet, and BFSI/Fintech sectors slightly decreased.

News and Trends

This Week's Top Startup Funding [April 26–May 3]

The startups listed below have raised the most money this week [April 26–May 3]. Here's a quick synopsis of them:

Finance

Winvesta: Cross-border Financial Enabler

Incorporated in London in August 2019 by Swastik and Prateek Jain, Winvesta aims to make global banking and investments accessible to every Indian.

News and Trends

5 Venture Capitalists Who Recently Closed Their Funds

Here are the India-focused VCs that announced the closing of their funds.

Finance

Avanti Finance: The Micro Loans Lender

With support from some of the biggest names in Indian business, including Ratan Tata and Nandan Nilekani, Avanti Finance was founded in 2018 with the goal to provide timely, reasonably priced financial services to the next 100 million underserved or underprivileged households.

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