New Delhi, April 10 (IANS) India’s digital payment system Unified Payments Interface (UPI) is set to mark its 10th anniversary on April 11, after growing 12,000-fold in volume and over 4,000 times in terms of value.The payment system scaled from 17.86 million transactions worth Rs 6,952 crore in FY17 to 218.98 billion transactions amounting to nearly Rs 285 lakh crore in FY26, data from analytics firm Tracxn showed.Transactions rose gradually in the initial years — to 915 million in FY18 and…
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New Delhi, April 9 (IANS) Tech funding in India stood at $11.7 billion in FY 2025-26, an increase of 20 per cent compared to $9.7 billion raised in FY2023-24 amid strong early-stage momentum and a surge in IPO activity, according to a new report.As per Tracxn analysis, India ranked as the fourth-highest funded country globally during FY 2025-26, behind the United States, the United Kingdom and China, while staying ahead of Germany and France.It further stated that funding trends showed strong tr…
New Delhi, March 27 (IANS) India’s startup landscape is expanding beyond its primary hubs, with over 68,000 startups now headquartered in emerging regional centres, a report said on Friday.Further, a maturing funding ecosystem producing deeper, conviction‑led capital and occasional large outcomes is lending support to the country’s startup landscape, Tracxn said in the report.Cities such as Jaipur, Surat, Indore, Coimbatore, Kochi, and Lucknow account for a higher share of venture creation, …
New Delhi, March 9 (IANS) Funding raised by women co-founded technology startups in India declined in 2025, even as early-stage investments showed resilience and acquisition activity rose sharply, a report said on Monday.Early-stage funding increased to $533 million in 2025 — up from $478 million in 2024, a 12 per cent rise (on-year), even as the number of deals dropped to 79 rounds from 93 rounds. Women-led startups in India also recorded 33 acquisitions in 2025, up from 12 in 2024.In its annu…
Mumbai, Jan 28 (IANS) India’s defence tech ecosystem recorded $247 million in funding in 2025, its highest annual inflow till date despite a lower number of deals, a report said on Wednesday.The report from data intelligence platform Tracxn said total all‑time equity funding for the sector stood at $711 million across 232 rounds, and that annual funding rose from $5 million in 2016 to a peak of $247 million in 2025, the report said.The report further said that the surge was driven largely by…
New Delhi, Jan 16 (IANS) India’s fintech sector raised a total of $2.4 billion in 2025, marking a 2 per cent increase from $2.3 billion in 2024, and ranked third globally behind the US and the UK, a report said on Friday.The report from market intelligence platform Tracxn said that early‑stage funding showed a huge surge to $1.2 billion in 2025, up 78 per cent from $667 million in 2024 and up 56 per cent from $762 million in 2023.The funding trends varied across stages, with seed‑stage fundi…
Indore, Dec 20 (IANS) India, which was the tenth largest economy in the world 12 years ago, has emerged as the fourth largest economy under the leadership of Prime Minister Narendra Modi, Union Minister Jyotiraditya M. Scindia said on Saturday. Speaking at the Young Entrepreneurs Forum Summit 2025 here, the Union Communication Minister said that India had surpassed Japan to become the fourth-largest economy, and by 2027, the nation will be the third-largest economy, leaving behind Germany.The mi…