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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 millionIndian 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 ...
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