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Around 148 companies participated in this year's placement drive, offering roles across sectors such as consulting, technology, finance and startups. Top earners received packages up to Rs 61.8 lakh, with the top 25% of students securing an average package of Rs 43.79 lakh. The 200-strong cohort secured 10 international placements from global companies such as Talabat, Gensol and Landmark Group.

Subscribe to enjoy similar stories.Venture capital and growth investing firm Peak XV Partners has fully exited One MobiKwik Systems Ltd through an over ₹130-crore block deal, selling its remaining stake shortly after the fintech secured the non-banking financial services (NBFC) licence.The investor sold around 6.08 million shares, or about 7.7% of MobiKwik’s equity, at an average price of ₹214 apiece in a transaction executed at 9:15am on 28 April, according to two people aware of the matter.Buyers included private equity firm Florintree, hedge fund Viridian Asset Management, alternative investment firm Dymon Asia Capital and equity investment management firm Karma Capital, the people said.The ₹130-crore deal delivered about 3x returns for Peak XV on its investment in the company.Peak XV’s exit marks the departure of the last major PE fund from MobiKwik’s cap table. In September 2025, Abu Dhabi Investment Authority (ADIA) sold its 2.1% stake in a block deal, after which MobiKwik shares rallied as much as 14%.Peak XV, formerly Sequoia Capital India & SEA, had been an early backer of MobiKwik and remained invested through the company’s public listing.The block sale came a day after MobiKwik announced that the Reserve Bank of India had approved its application for the NBFC licence.

India's angel networks are increasingly creating their own funds, tapping into the surge of domestic capital to institutionalise early-stage investing in the country's startup ecosystem.To streamline their investment focus, these networks are shifting from deal-by-deal syndication to closed-ended funds, capitalizing on the surge in domestic capital available.“Failure rates for individual angels can be very high, and coming together to structure their investing is a way of addressing that failure rate,” said Ranjeet Shetye, a deeptech angel investor and a mentor at YourNest Venture Capital.Veteran networks like Indian Angel Network (now IAN Group), Hyderabad Angels, and Rajasthan Angels have launched their own funds. These networks have successfully identified enough winners, encouraging investors to supply capital for early-stage bets rather than engaging directly in deal-making.Hyderabad Angels Fund (HAF) launched their maiden fund last year, but it is relatively small at ₹150 crore.

Subscribe to enjoy similar stories. The fast fashion boom is decisively back on India’s startup map. The segment is projected to account for more than a quarter of India’s retail apparel market by FY31, according to Redseer last year.

Subscribe to enjoy similar stories. BENGALURU : Once valued at over $1 billion, e-commerce firm DealShare is attempting to pivot from its business-to-business (B2B) roots to a consumer-facing model, betting on value retail anchored by private labels, aggressive pricing, and two-hour deliveries, chief executive Kamaldeep Singh told Mint. Venture capital firm Tiger Global-backed six-year-old startup plans to scale its retail operations beyond its core markets of Jaipur and Kolkata by investing significantly in building out its supply chain and distribution network in neighbouring cities, Singh said in an interview.

Subscribe to enjoy similar stories. BENGALURU : Venture capital and private equity investors are increasing their bets on post-hospital care—often referred to as ‘continuum care’—as India’s hospitals are discharging patients more quickly and families seek structured recovery outside hospitals.

Subscribe to enjoy similar stories. The recent success of several consumer tech companies in public markets has prompted Indian venture capital funds to back the next wave—startups using artificial intelligence (AI) to build products. Several companies have picked up early-stage cheques this year.

Subscribe to enjoy similar stories. Tea producer and café owner Vahdam Teas Pvt Ltd has raised ₹25 crore ($3 million) from Sidbi Venture Capital Ltd to shore up its cash reserves and boost global expansion. The company is focusing on product innovation and manufacturing expansion, founder and chief executive Bala Sarda told Mint.

MapMyCrop said on Thursday it has raised Rs 15.7 crore ($1.8 million) in seed funding led by YourNest Venture Capital, with participation from angel investors including Eaglewings Ventures. The New York-headquartered company plans to use the investment to expand operations, fulfill pilot orders, strengthen its sales and operations teams, and advance its platform technology, it said in a statement. MapMyCrop utilises satellite imagery and artificial intelligence to provide crop monitoring services that help farmers track crops, predict yields and optimise supply chains.

Subscribe to enjoy similar stories. Bengaluru: Venture capital firm India Quotient is looking to raise $130 million for its fifth fund, with nearly 80% of the commitments expected to come from global investors, its founding partner Anand Lunia told Mint in an interview. This marks a reversal from its previous funds, for which it raised most of the capital from domestic investors.

Anthropic is seeking $3.5 billion in a funding round that would value it at $61.5 billion, two sources familiar with the matter told Reuters on Monday.

Subscribe to enjoy similar stories. U.S. tech companies are used to some competition from China, but DeepSeek seems to be operating on another level.

Digantara said it has successfully launched its SCOT (Space Camera for Object Tracking) mission for space surveillance which will detect and track objects as small as 5 cm. The launch took place on Tuesday night aboard SpaceX’s Transporter-12 mission. SCOT aims to enhance space safety, optimize traffic management, and bolster national security initiatives, the startup said.

Seed funding in India saw a 25% dip in calendar 2024 as investors exercised caution. In overall funding, however, startups secured $11.3 billion in funding, marking a 6% increase compared to calendar 2023, said Tracxn's annual India Tech Funding report.

SanchiConnect, a deeptech accelerator, in partnership with YourNest Venture Capital, on Thursday, announced an investment of Rs 48 crore for its DeepTech accelerator programme- Velocity Accelerator Program. The seven-month-long program has received 1,280 applications from 23 states and six Union Territories. Out of these, eight startups were selected for their disruptive potential across various sectors such as manufacturing, logistics, agriculture, healthcare, enterprise solutions, and artificial intelligence. The eight selected startups include Induz- which leverages AI tools to automate and unify large-scale enterprise data; LeanWorx which offers cloud-based productivity monitoring systems for the manufacturing sector; Think Metal has developed a compact, cost-effective 3D metal printer that delivers 10x faster production at half the cost; Presage Insights uses advanced AI for predictive analytics to improve decision-making across industries; Superfone is an app-based business phone number platform for SMBs, integrating telephony with business software; and CargoFL which employs AI-powered logistics solutions to optimise supply chains and improve operational efficiency.

business incubator of Indian Institute of Technology Bombay (IIT Bombay), plans to scale up the number of startups it supports over four-fold to 1,000 over the next 10 years, the institute said in a statement on Thursday. To give further impetus to its 4X scale up plan over the next decade, SINE plans to launch a Rs 100 crore Venture Capital (VC) fund to support deep tech start-ups and those in areas of national importance. Post finalisation and receipt of regulatory approvals, SINE aims to approach IIT Bombay alumni to raise subscriptions for the proposed fund. The fund will focus on science, biotech, space, defence, and other national priority sectors to drive innovation. “To have a scale impact, India needs to go from 100 startups per million population to 1,000. By leading the way, SINE hopes to emerge as an innovation and entrepreneurship powerhouse focussed on democratising entrepreneurship and providing quality access to coaching, capital and connects to customers and the ecosystem,” said Shaji Varghese, CEO, SINE.

Subscribe to enjoy similar stories. Venture capital firm Aavishkaar Capital plans to increasingly back more startups that provide livelihood to people in tier 2 and 3 cities and towns as it looks to raise its seventh and largest ever fund with a corpus size of about ₹1,500 crore next year. The startups Aavishkaar wants to back are typically those that hire skilled workers in small cities and towns while selling their products in the big cities.

Subscribe to enjoy similar stories. Bengaluru/Mumbai: Venture capital investors are increasingly encouraging some of their early- to mid-stage portfolio startups, such as IntrCity, BHive, and Leverage Edu, to go public, hoping to take advantage of a bullish stock market and return capital to their investors.

Subscribe to enjoy similar stories. Venture capital (VC), by definition, has a higher risk appetite than conventional sources of capital, and many VC enthusiasts would argue that venture investing is a moonshot game.

IndiGo Ventures, the corporate venture capital fund of India’s largest carrier IndiGo, said it is expected to begin investments by the end of FY 2024-25. The fund will focus on startups that have the potential to reshape the future of aviation and related sectors, offering pre-Series A, Series A, and Series B funding. It will target startups working on innovative technologies in aviation as well as consumer-focused ventures in areas like travel, lifestyle, hospitality, and transportation, the company said in a statement Tuesday. IndiGo has launched the website GoIndiGoVentures.com, which provides information on the fund’s investment strategy, value proposition for founders, and details about the governing entities.

Salica rebranded back in the summer following after a major change in the firm's leadership and to better align the firm with its legacy and future growth focus. Hambro Perks was founded by Rupert Hambro, an investment veteran who died in 2021, and Dominic Perks, who left the firm last year. Venture capital firm Hambro Perks unveils name change following CEO departure The company focuses on backing British start-ups, such as location-mapping service What3Words, but has now diversified into a broader set of private market funds, investing in equity and debt across various industry s...