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SPOTDRAFT FUNDING
Qualcomm to invest $150 million in startups in IndiaThe investments will be deployed through Qualcomm Ventures and the investments will have a particular focus on AI for automotive, IoT, robo...
- Indian startups raise $1.65 billion in February; median valuation at $83.2 million
Indian startups secured USD 1.65 billion in funding in February 2025, a 19.5% increase from January, though down year-on-year. Bengaluru le...
H-1B lottery tilts upward; DLI 2.0 nears launchHappy Tuesday! US employers are tightening H-1B hiring ahead of this year's lottery. This and more in today’s ETtech Morning Dispatch.
Eternal shares hit hard; WhatsApp privacy under Musk's fireEternal shares tumble after December-quarterly results, despite profits. This and more in today's ETtech Top 5.
SaaS startup SpotDraft raises $8 million from Qualcomm VenturesSpotDraft said the fresh capital will be used to strengthen its product and artificial intelligence (AI) capabilities and to expand its ent...
SaaS sees an uptick in mergers, buyouts as AI flips the scriptThe Indian SaaS industry is experiencing a surge in mergers and acquisitions, fueled by the rapid advancements in artificial intelligence. ...
BluSmart fleet on the block, HCL-Foxconn semicon JVLenders and lessors are planning to sell EVs on the BluSmart fleet to recover their dues. This and more in today’s ETtech Morning Dispatch.
Deeptech startups snagged $324 million in first four months of the yearDeeptech investments in India have surged, doubling to $324 million in the first four months of 2025, driven by increased commercial use ca...
AI play: Contract management SaaS firm Icertis doubles down on agentic platformIcertis is enhancing its AI capabilities, developing an agentic AI platform and integrating AI into enterprise workflows. While eyeing an I...
Smallest AI in talks to raise $10-15 million at $50-60 million valuationThe company is in talks with its existing investors such as 3one4 Capital and Better Capital and other investors in the US and India for th...
Indian startups raise $1.65 billion in February; median valuation at $83.2 millionThis brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 rounds, according to data from Traxcn. The Feb...
ETtech deals digest: Startups raise $327.3 million in week to February 14; up 27.8% on-yearThe funds were raised by startups across seed, early and late stages through 30 deals, compared to 39 in the year-ago period.
SpotDraft raises $54 million from Vertex Growth, Trident Partners, othersExisting investors, such as Flipkart cofounder Binny Bansal's Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest, also participate...
Amazon enters qcomm with Now; China’s AI frenzyAmazon is officially in the quick commerce arena, with its service available in parts of Bengaluru. This and more in today’s ETtech Morning...
Temasek’s Vertex Ventures to lead $50-60 million funding in SpotDraftFounded in 2017 and headquartered in Bengaluru, SpotDraft offers an AI-powered contract automation platform that assists businesses in draf...
A family affair: Looking to grow with GenAIET brings a snapshot of how India’s top family offices are increasingly betting on GenAI startups. Among Indian family offices, Premji Inve...
Arkam Ventures launches second fund; targets to raise $180 millionThe firm -- floated by cofounder and former managing partner of Helion Venture Partners Rahul Chandra and Kalaari Capital’s Bala Srinivasa ...
Riverwalk Holdings launches Rs 150 crore fund to back early-stage companiesRiverwalk has a sector agnostic investment approach with preferred sectors such as enterprise SaaS, fintech and consumer-tech and consumer ...
For the sake of innovation: Spotdraft CTO Madhav Bhagat on why he quit Google & came back to IndiaThis year, the legal-tech startup raised Rs 11 crore.
Private equity, venture capital funding up 14% on big-ticket pushSequoia Capital’s open market stake sale in Ujjivan Financial Services worth $17 million, and SaaS startup Indix’s acquisition by US-based ...