FFS and AIFs

791 businesses received investments of Rs 14,077 Cr through FFS and AIFs: MoCI

As of December 31, 2022, investments of Rs 14,077 crore have been invested in 791 companies through the Fund of Funds for Startups (FFS) Scheme and Alternative Investment Funds (AIFs), according to Som Parkash, the minister of state for commerce and industry.

According to the Minister, the FFS for startups has committed Rs 7,980 crore to 99 AIFs and distributed Rs 3,400 crore to 72 AIFs, who in turn have invested in the companies.

240 startups in Karnataka have received funding totaling Rs 4,687 crore. Delhi comes in second with 138 businesses and Rs 2,254 crore in funding, followed by Maharashtra with 176 firms and Rs 3,426 crore.

What are FFS and AIFs and How Have They Impacted 791 Businesses in India

FFS (Financial Facilitation Services) and AIFs (Alternative Investment Funds) have had a tremendous impact on the Indian economy. The 791 businesses that have been able to benefit from these services are now able to access capital and financial resources in a more efficient manner.

FFS and AIFs provide an avenue for businesses to access capital quickly, allowing them to invest in their growth. They also help businesses manage their finances better by providing financial advice, guidance, and assistance. Furthermore, they provide investors with an opportunity to diversify their portfolios with new investments.

This article will discuss the role of FFS and AIFs in India’s business landscape and how they have impacted 791 businesses across the country. It will also explore the use cases of these services and how they can be used to improve business performance.

A Closer Look at the Number of Businesses Receiving FFS & AIFs Funding

Businesses of all sizes are increasingly turning to funding sources such as FFS and AIFs to help them stay afloat during the current economic crisis. This article will take a closer look at the number of businesses that have received this type of funding and examine how it has impacted their operations.

We will also discuss how these funds have been used, as well as the potential risks associated with such investments. Finally, we will explore some of the success stories that have emerged from these investments and what they can teach us about making successful investments in today’s challenging business environment.

How Has Investment Through FFS & AIFs Helped SMEs Across Different Sectors

Investment through Funds for Startups (FFS) and Alternative Investment Funds (AIFs) has been a major source of financial assistance for Small and Medium Enterprises (SMEs) across different sectors.

FFS and AIFs provide capital to SMEs which helps them overcome financial constraints, allowing them to expand their operations, develop new products, enter new markets, and create jobs. This investment has enabled SMEs to access resources that are otherwise unavailable or difficult to obtain.

Additionally, it has helped them reduce their risk exposure by diversifying their investments across different industries. As a result, SMEs have been able to grow faster and become more competitive in the market.

In order to promote the increase in SME financing, the Government of Turkey has set a target for 12% of all investment to be made through FFS and AIFs by 2020.

The mechanism for achieving this target is provided in the “Small and Medium Enterprises Development Act No. 2737” (YGSMM) which was issued on September 28, 2016.

The investment targets have been classified into three different categories which are:-50% of investments by 2020; -75% investments by 2023; and -100% investments by 2025

What Challenges Do SMEs Face with These Investments

Small and medium enterprises (SMEs) often face challenges when investing in new technologies. These challenges can range from the cost of implementation, to the lack of understanding of how to use the technology, to the difficulty of integrating it into existing systems and processes.

In this article, we will explore some of the most common challenges SMEs face when investing in new technologies and discuss ways to overcome them.

Understanding the Technology is One of the most common challenges SMEs face when investing in new technologies is a lack of understanding of how to use the technology. This can be due to a lack of time, budget and skills, as well as due to a lack of knowledge about how the technology works.

It is important for SMEs that are planning on implementing a new technology or service to take steps to gain this understanding before investing in it.

Key Points

  • In accordance with FFS, the programme does not make direct investments in startups; rather, it offers funding to daughter funds—SEBI-registered AIFs that make equity and equity-linked investments in developing Indian entrepreneurs.
  • The Small Industries Development Bank of India (SIDBI) has been charged with managing the operation of the Fund and directing the distribution of committed resources through the selection of suitable daughter funds.
  • AIFs backed by FFS must invest at least twice as much in startups as was committed by FFS.
  • The government is making several efforts to create and expand the startup ecosystem in the nation as part of the Startup India Initiative.
  • FFS, Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups are three flagship programmes assisting startups.
  • A 945 crore rupee corpus for SISFS was granted for a four-year term beginning in 2021–2022. According to the Minister, as of December 31, 2022, 133 incubators had received a total of Rs 477.25 crore in SISFS funding, of which Rs 211.63 crore had been distributed.
Startup financing

Startup Financing Trends That Will Predominate In 2023

Startup financing is an important part of the entrepreneurial journey. It allows entrepreneurs to access capital and grow their businesses. This financing can come from a variety of sources, including venture capitalists, angel investors, private equity firms, and debt financing.

Each of these sources has its own advantages and disadvantages that should be carefully weighed when deciding on the best option for a business. In this article we will provide an overview of growth-stage startup financing so that entrepreneurs can make informed decisions about how to finance their business’s growth.

Exploring the Increasing Popularity of Venture Capital & Seed Funding in Growth-Stage Startups

With the increasing popularity of venture capital and seed funding, growth-stage startup financing are becoming more attractive to investors.

This is due to the potential for higher returns and greater scalability that these companies offer. As a result, venture capitalists and angel investors are increasingly investing in growth-stage startups.

Venture capital and seed funding provide a unique opportunity for startups to access capital they need to scale their businesses quickly.

The funds can be used to hire staff, develop products, acquire customers, or even enter new markets. With this influx of money, startups can achieve their goals faster than ever before.

This article will explore the increasing popularity of venture capital and seed funding in growth-stage startups. It will look at how these investments can help startups reach their goals faster and what risks are involved with such investments.

Finally, it will examine some case studies of successful venture capital investments in growth-stage companies.

Angel investment is a popular form of early-stage financing for growth-stage startup financing . It is an important source of capital for these companies, as it provides them with the funds and resources they need to expand their operations and reach new markets.

In recent years, there has been an increase in angel investments for growth-stage startups. This trend can be attributed to the increasing number of investors who are looking to invest in these types of companies, as well as the rise of venture capital firms focusing on early-stage investments.

The trend in angel investment is likely to continue as more investors become aware of the potential returns from investing in growth-stage startups.

As such, it is important for entrepreneurs and founders to understand the trends in angel investment so they can make informed decisions when seeking funding.

Emerging Sources of Funding for Growth-Stage Startups that Will be Prominent by 2023

The startup landscape is evolving rapidly, and 2023 will be no exception. With the emergence of new sources of funding for growth-stage startups, entrepreneurs have more options than ever before to secure the capital they need to scale their businesses.

From venture capital to crowdfunding platforms, there are numerous sources of funding available that can help startups reach their goals in the coming years.

In this article, we will explore some of the emerging sources of funding that are likely to be prominent by 2023 and how they can benefit growth-stage startups.

Venture capitalists have been the go-to source for growth-stage startups for some time. These wealthy investors invest their own capital in promising, early-stage startups. They typically invest in a startup once they are confident that its business model has the potential to grow into a large firm.

The venture capitalists expect an average return on investment of 15-20% per year, and they expect to see that investment returned within five years.

The Growing Influence of Incubators and Accelerators on Growth-Stage Financing

Incubators and accelerators have become an important part of the start-up ecosystem as they provide resources and guidance to entrepreneurs during the early stages of their business.

They also play a key role in helping companies raise growth-stage financing, which is essential for scaling up operations and achieving long-term success.

By providing mentorship, access to networks, and financial support, incubators and accelerators have become invaluable resources for many startups. They help companies refine their product or service offering, identify potential investors, and develop sound strategies for raising capital.

This has led to an increased focus on growth-stage financing from venture capitalists, angel investors, private equity firms, and other sources of funding.

The Role of Technology in Enhancing Efficiency and Fairness in Startup

Technology is playing an increasingly important role in the startup ecosystem. By leveraging technology, startups can increase their operational efficiency and ensure fairness in the workplace. Technology can also help startups reduce costs, automate processes and create a more equitable playing field for employees.

With technology, startups can create a better working environment and attract top talent. Additionally, technology can be used to analyze data and make decisions that are more informed and less biased than traditional methods. By harnessing the power of technology, startups can level the playing field for all stakeholders involved in their operations.

Key Points

  • In 2023, the Indian startup ecosystem might see 370 growth-stage acquisitions with investments totaling $7.4 billion.
  • Compared to just $2 Bn in 2020, growth-stage funding increased by an astounding 273% in 2022.
  • Industry analysts predict that firms with valuations over $500 million and a focus on profitability will receive more funding in 2023.
  • The strongest year for Indian entrepreneurs was unquestionably 2021, when they received $42 billion in funding from investors through 1,584 agreements.
  • Unfortunately, a number of macroeconomic uncertainties, the conflict between Russia and Ukraine, interest rate increases, choppy financial markets, and worries about an impending recession ruined this momentum, bringing the startup funding to a screeching halt in 2022 at $25 Bn. Our current data indicates that 2023 won’t be any better either.
  • 370 growth-stage startup funding deals in the Indian startup ecosystem are possible in 2023, an increase of just 4.5% from the 354 such deals in 2022.
  • Additionally, growth-stage funding may total $7.4 billion in 2023, which would be a decrease of about 3.9% from the $7.7 billion raised in 2022.
  • Market researchers noted that the legal environment, macroeconomic considerations, and functionality of a country’s capital markets are all directly related to the growth-stage startup funding in that country’s startup economy.

Decrease in startup funding

Decrease in startup funding in 2022 at Delhi NCR by 49%

Decrease in startup funding– Although the startup ecosystem in India has expanded in recent years beyond a select few top metropolises to include tier 2 and 3 cities, the top three startup hubs of Bengaluru, Delhi, and Mumbai continue to get the majority of new investment.

Compared to the $10.2 billion raised by Delhi-NCR-based companies in 2021, $5.2 billion was raised in 2022. Delhi-NCR had $16 Mn in average ticket sizes in 2022, a 27% decrease from the previous year.

Additionally, the overall number of agreements in the Delhi-NCR region fell by 12% year over year to 398 in 2022.It is important to note that since 2014, startups in Delhi-NCR have raised $40.02 billion and created 36 unicorns.

What Led to the 49% Decrease in Startup Funding in 2022

The startup funding landscape has seen a dramatic shift in the past year. In 2022, startup funding decreased by an astonishing 49%.

This has raised questions about what caused this sudden drop and what can be done to ensure that startups receive the financial support they need to succeed.

In this article, we will explore the factors that led to this decrease in startup funding, including changes in venture capital investments, economic downturns, and shifts in investor preferences.

We will also discuss potential solutions for ensuring that startups have access to the necessary funds for their growth and development.

The National Venture Capital Association analyzed the reasons for the decrease in startup funding and found that venture capitalists reduced their investments by 20% from 2017 to 2018.

The association credited this drop to a number of factors including economic downturns, changes in regulation, and shifting investor preferences.

An economic downturn can contribute significantly to a reduction in startup funding as it does not give investors the same level of optimism about profitable returns.

This can lead to investors holding back on investment in startups, which can be dangerous for both investors and startups as most companies require significant investment initially just to be able to reach profitability.

What Steps Can Startups Take to Increase Funding Opportunities

Startups are always looking for ways to increase their funding opportunities. With the right strategies and tactics, startups can make sure that they are taking the necessary steps to maximize their chances of success. In this article, we will discuss some of the most effective steps that startups can take to increase their funding opportunities.

We will look at how they can use networking and marketing techniques to increase visibility, create relationships with potential investors, and make sure that they have a solid business plan in place.

We will also explore how startups can use data analysis to identify potential sources of funding.

Finally, we will discuss how startups can leverage technology to streamline their operations and improve efficiency.

Network and Build Relationships Starting a business is not a solo endeavor. Business owners need to gain the support of people they do not know, go on tours, talk to new people all the time.

The more you can network and build relationships with potential investors, the more likely it is that you will find someone who will invest in your company.

When networking, it is important to remember that this process should be done in accordance with your company’s goals and strategy.

How COVID-19 Changed the Investment Landscape in Delhi NCR

The global pandemic of COVID-19 has had a profound impact on the investment landscape in Delhi NCR. The rapid spread of the virus has caused a dramatic shift in the way people invest and manage their money.

As businesses across India face an uncertain future, investors are now looking for more secure and profitable options to safeguard their wealth.

This article will explore how COVID-19 has changed the investment landscape in Delhi NCR and what investors can do to make sure they are making the most out of their investments.

Key Points

  • Compared to the $10.2 billion raised by Delhi-NCR startups in 2021, just $5.2 billion might be raised by them in 2022.
  • Delhi-average NCR’s ticket size in 2022 was $16 Mn, a 27% YoY decrease. Deals fell 12% year over year to 398 in Delhi-NCR overall in 2022.
  • In comparison to Bangalore, which had 4,514 companies, more than 5,000 recognised startups appeared in Delhi between April 2019 and December 2021.
  • Consider Bengaluru, which stayed at the forefront of attracting the overall startup funding during the year despite the funding winter of 2022.
  • It is important to note that since 2014, startups in Delhi-NCR have raised $40.02 billion and created 36 unicorns.
  • With $4.5 Bn raised over 250 deals, the country’s fintech sector won the top rank in the startup ecosystem in 2022, despite a number of challenges relating to rising business losses, layoffs, and regulatory obstacles.
  • India’s ecommerce industry raised $4 Bn with 310 deals, and companies in Delhi-NCR raised $1.3 Bn through 105 ecommerce deals. While Bengaluru continued to lead e-commerce fundraising, more early-stage funding was obtained in Delhi-NCR.
  • The other two unicorns to come from the area in 2022 were logistics business Shiprocket and epharmacy startup Tata 1Mg, both of which have their headquarters in Gurugram.

The global pandemic of COVID-19 has had a profound impact on the investment landscape in Delhi NCR. The rapid spread of the virus has caused a dramatic shift in the way people invest and manage their money. As businesses across India face an uncertain future, investors are now looking for more secure and profitable options to safeguard their wealth.

Breathe Well-being

Breathe Well-being,health tech startup, raises $6 million & more to help people reverse diabetes

A Pre-Series B round co-led by 3One4 Capital, Accel, and General Catalyst raised $6.14 Mn (INR 50 Cr) for the Gurugram-based diabetes reversal healthtech business Breathe Well-being. Supermorpheus and FounderBank Capital also contributed to the investment round. In order to improve the client experience, the business wants to use the capital to strengthen its teaching academy, grow its core team, and scale up its technological platform.

What is Breathe Well-being

Breathe Well-being is an innovative health program that aims to reverse diabetes and promote overall well-being. It utilizes a combination of nutrition, lifestyle changes and exercise to help individuals achieve their health goals. The program focuses on creating healthy habits and behaviors that can be sustained for long-term success. Through this program, individuals can learn how to make informed decisions about their diet, exercise, sleep patterns and stress management in order to reduce the risk of developing diabetes and improve overall well-being.

How Breathe Well-being is Using Its $6 Million Investment

Breathe Well-being, a leading digital health platform, is using its recent $6 million investment to improve its platform and help people lead healthier and happier lives. The company is focusing on creating innovative solutions that can help people access the resources they need to make positive changes in their lives. By leveraging the latest technology and data-driven insights, Breathe Well-being is working to create a comprehensive wellness platform for individuals, families, employers, and healthcare providers. With this investment, the company aims to develop more user-friendly features such as personalized health coaching and virtual care options. Additionally, Breathe Well-being will be investing in artificial intelligence (AI) capabilities that can provide users with tailored recommendations based on their individual needs.

Benefits of Breathe Well-Being’s Technology

Clinical studies have shown that Breathe Well-Being’s technology can provide a range of health benefits. From improving breathing and lung function to reducing anxiety and stress, the technology has been tested in various clinical studies to determine its effectiveness. This article will explore the findings of these studies and discuss what they tell us about the potential benefits of using this technology.

Role of Physician Education in Breathe Well-Being’s Technology

The role of physician education in making sure patients get the most out of Breathe Well-Being’s technology is essential. Physicians must be well-versed in the latest technologies and treatments available to their patients, so they can make informed decisions when prescribing treatments or recommending lifestyle changes. By educating physicians on the use of this technology, they can ensure that their patients are getting the best possible care and outcomes. Physician education also helps to ensure that Breathe Well-Being’s technology is used safely and effectively in a variety of settings. With proper training, physicians can help their patients understand how to use this technology for maximum benefit and make sure that its use fits within the standards of care for each patient.

Key Points

  • Using a customised coach-driven community-first strategy, the startup aids in the prevention, management, and reversal of Type 2 Diabetes.
  • The money generated will be put toward improving the coaching and medical programmes, expanding the tech infrastructure, and growing the team.
  • According to Breathe, 50,000 participants were able to reverse diabetes, decrease weight, lower HbA1c levels, and avoid health issues.
  • According to a statement from the company, the money will be used to improve the customer experience by bolstering its teaching academy, growing the core team, and scaling up the technology platform.
  • Breathe Well-being integrates an interactive gamification approach with a personalised coach-driven, community-first strategy to assist patients with type 2 diabetes in lowering their HbA1c, losing weight, and becoming less dependent on their medication.
  • According to the startup, its programme has a “proven outcome with over 95% participants showing an average reduction of 1.5% in their HbA1c levels, over 98% participants removing medication, and experiencing an average weight loss of 5.5 kg over the course of the programme, which is recognised by the American Diabetes Association (ADA)”.
  • We have observed more than 90% of participants continue their improvements beyond 24 months into the programme,” said Kaicker, cofounder and COO of Breathe Well-being. This is a significant indication of how engaging our entire method is and how willing people are to actively stop taking their diabetes medications.
  • “We have been pleased by how quickly Breathe Well-being is becoming a household name for type 2 diabetes and pre-diabetes reversal throughout tier 2 and 3 cities in India,” said Radhika Ananth, vice president of Accel. Accel continues to support them as they work to create a diabetes-free India.
  • India is the diabetes capital of the world, and we are on a mission to alter that, said Verma, cofounder and CEO of Breathe Well-being. We are on track to achieve our goal of a diabetes mukt bharat (a diabetes-free India), with a million Indians having their diabetes reversed by 2025.
  • The company claims that it will enlarge its core team, increase its health coaching academy, scale its platform, and improve user experience with the help of the new financing.
The Reserve Bank of India's (RBI) Guidelines

Exchange Rate & Extra Returns in Equity Market on Startup:The Reserve Bank of India’s Guidelines

The Reserve Bank of India’s Guidelines on exchange rate, excess returns in the equity market and their impact on startup funding has highlighted the importance of a stable currency for the growth of startups. The report examined how fluctuations in exchange rates, excess returns in equity markets and other factors affect startup funding. It also discussed the impact of these factors on venture capital investments and private equity investments. The report further discussed various strategies that can be adopted to minimize or mitigate these risks. This report will help startups better understand the risks associated with their investments and devise appropriate strategies for mitigating them.

Exchange Rate & Extra Returns in Equity Market

Exchange rates play an important role in the equity market, as they affect the value of stocks and other securities. Exchange rates can also have a significant impact on extra returns in the equity market. This article will provide an overview of exchange rate and its effect on extra returns in the equity market. It will discuss how exchange rate changes affect stock prices, how these changes are reflected in extra returns, and what investors can do to maximize their return potential. Additionally, it will look at some of the most common use cases for exchange rate information when investing in equities.

Impact of Exchange Rate Movements on Startup Financing

Exchange rate movements have a significant impact on startup financing. As exchange rates fluctuate, the cost of capital for startups changes and can make or break their ability to secure funding. This paper will examine the impact that exchange rate movements have on startup financing and discuss strategies that startups can use to mitigate risk in this volatile environment.

Extra Returns in Equity Market Affect Startup Financing

The equity market is constantly evolving, and the extra returns it can generate have a significant impact on startup financing. This paper will explore how extra returns in the equity market affect startup financing, and what strategies investors can use to maximize their profits. We will also look at the potential risks associated with investing in startups and how investors can mitigate these risks. Finally, we will examine how technological advancements are changing the way startups are financed and what implications this may have for the future of startup financing.

RBI Guidelines & Policy Changes in Supporting Startups

The Reserve Bank of India’s Guidelines has been playing an important role in supporting startups by introducing guidelines and policy changes. These initiatives not only provide a conducive environment for entrepreneurs to start their business but also help them to grow and scale up. The RBI guidelines and policy changes have helped startups to access funds, get access to credit, and make it easier for them to do business. They have also enabled startups to get access to resources such as technology, talent, and expertise that are necessary for their growth. Furthermore, the RBI has provided incentives such as tax breaks and other benefits that have helped startups become more competitive in the market. All these measures taken by the RBI have played a key role in promoting entrepreneurship in India.

Key Points

  • According to the The Reserve Bank of India’s Guidelines, a key element influencing startup funding in the nation over the long term is the excess return on the Indian bourses relative to the US stock market.
  • The GDP level and the yield on 91-day US and Indian treasury bills both have an impact on startup funding, the report stated.
  • Depreciation in currency exchange rates, on the other hand, is a factor that has a detrimental effect on startup funding.
  • Banks and financial services were impacted by excess returns on equity markets, while manufacturing and process industries were impacted by volatility in exchange rates.
  • These dynamics are discussed below:Excess Returns on Equity Markets: The impact of excess returns on equity markets was significant for banks and financial services.
  • While private equity investments did not get affected much, venture capital investments suffered from a fall in demand for funds which resulted from a sharp drop in valuations of Indian equities as compared to the past six years.
  • This led to performance shortfalls for private equity investments of about 20% and venture capital investments of up to 70%.
  • Excess Returns on Foreign Exchange Markets: The impact of excess returns on foreign exchange markets was significant for manufacturing and process industries.
  • The rupee’s fall created a sharp increase in import prices from plants overseas, which adversely affected the competitiveness of export-oriented companies.
  • A sudden and dramatic depreciation of the rupee, in turn, can dramatically increase the case for protectionism. In 2008, U.S. President George W Bush imposed tariffs on steel imports from China, which led to a trade war.”India’s current account deficit is not only high but also widening,” said Amit Kapoor, head economist at tax advisory firm KPMG India.”This makes it difficult for India to remain financially stable without some form of protectionism as it relies on external finance.

Conclusion: Startups Leverage RBI Guidelines to Optimize Finances

With the Reserve Bank of India (RBI) introducing new regulations and guidelines for startups, it is important for entrepreneurs to understand how they can leverage these rules to maximize their financial performance. This article will discuss the different ways in which startups can use RBI guidelines to optimize their finances, including understanding the key points of the regulations, utilizing tax benefits, and making sure that they are compliant with all applicable laws. By understanding these guidelines and taking advantage of them, startups can make sure that their financial performance is optimized and that they remain compliant with all relevant regulations.

FuelBuddy

FuelBuddy Secures $20 Million in Investment To Upgrade Tech Stack

Fuel delivery startup FuelBuddy has raised $20 million in its most recent round of financing, which was spearheaded by multinational corporations Naveen Jindal Group, Ravi Jaipuria Group (RJ Corp), and Nilesh Ved (Apparel Group, UAE).

The company, which is based in New Delhi, intends to grow both domestically and abroad, particularly in Southeast Asia and the MENA (Middle East and North Africa) area. It earlier declared its intention to enter the UAE market and now says it will soon be prepared to begin offering its services there.

Additionally, the cash will be utilised to upgrade its technological foundation and broaden its service offerings to include other energy like gas and electric mobility.

FuelBuddy and What Does the Investment Mean

FuelBuddy is a mobile app that helps drivers to save money on fuel and find the best prices in their area. The app was recently acquired by a major automotive company, which indicates that the potential of FuelBuddy is recognized by the industry. This article will explore what FuelBuddy is, how it works, and what this acquisition means for the future of FuelBuddy.

FuelBuddy’s Technology Stack & Plans for Upgrades

FuelBuddy is an innovative platform that helps users to find the best fuel prices in their area. Its technology stack includes a wide range of tools and technologies such as machine learning, artificial intelligence, natural language processing, and cloud computing. This technology stack allows FuelBuddy to provide its users with accurate fuel prices within seconds.

FuelBuddy is continuously upgrading its technology stack to ensure that its users have access to the latest features and services. The company plans to add more advanced features such as predictive analytics and personalized recommendations in the near future. These upgrades will further improve user experience and help them save time and money while finding the best fuel prices in their area.

Investment is Good News for FuelBuddy Users

FuelBuddy users have something to look forward to with the recent investment announcement. This investment will help FuelBuddy develop and improve their services, making it easier for users to find the cheapest fuel prices in their area. It will also help them expand their user base and reach more people. With this new funding, FuelBuddy can invest in new technology and features that will make it easier for users to compare fuel prices and find the best deals. This investment is good news for FuelBuddy users as it will give them access to better services and more options when looking for fuel prices.

How Other Companies Can Benefit from a Similar Strategy

Businesses of all sizes can benefit from a similar strategy that leverages the power of AI writing tools. AI-assisted copywriting can help companies save time and money while still producing high-quality content. It also enables them to quickly generate ideas and create content at scale, allowing them to stay ahead of the competition. Furthermore, with AI writers, companies can focus on their core competencies and create more engaging copy that resonates with their target audience.

Key Points

  • FuelBuddy is a doorstep fuel delivery startup that was established in 2016 by Adnan Kidwai, Divij Talwar, Gautam Malhotra, and SK Narvar.
  • The startup fuel delivery company will use the funds to launch operations in the UAE and expand throughout India and Southeast Asia (SEA).
  • The business provides cloud computing-based supply chain solutions so that customers can utilise analytics to manage and keep an eye on their fuel usage.
  • FuelBuddy, which was founded in 2016, provides doorstep fuel delivery using IoT (internet of things) and cloud-enabled technologies to address problems with fuel procurement and storage, such as theft, spillage, pilferage, and monitoring and managing use.
  • With its relationship with two oil marketing firms, Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Corporation Limited, FuelBuddy has also just entered the lubricants sector (HPCL).
  • The business, which has operations in more than 130 towns across the nation, says it has more than 45,000 clients. To date, it has fulfilled diesel deliveries of around 10 crore litres to its partners all over the nation. Some of its well-known clients include Varun Beverages Ltd., Coca-Cola, Amazon, DLF, Infosys, Taj, Hitachi, Amazon, Flipkart, Mahindra Logistics, and Delhivery.
  • The company had previously raised Rs 40 crore from investors, including the Jaipuria Family Office, before this round. The chairman of Capital India Corp., SK Narvar, is promoting the startup.
  • This round is a strategic investment to advance our goal of aggressive worldwide growth for FuelBuddy. We are certain that FuelBuddy will become a market leader on a global scale as well.
  • FuelBuddy’s game-changing solutions for the Indian market have accelerated our growth and strengthened our business globally.
  • FuelBuddy purchased Bangalore-based startup MyPetrolPump for cash and stock in May 2021 to increase its dominance in the specialised market. The agreement also enabled the business to reach out to other markets and clients.

Conclusion: Investing in Tech Upgrades is Crucial for Companies

In today’s competitive business landscape, investing in tech upgrades is essential for companies that want to remain ahead of the curve. Technology has changed the way businesses operate, and staying up-to-date with the latest trends and advancements can give companies a competitive edge. From AI-driven automation to cloud computing, there are many ways for businesses to leverage technology to improve their operations and stay ahead of their competition. Investing in tech upgrades can help companies save time, money, and resources while improving their overall efficiency.

Indian Edtech Startups

Indian Edtech Startups Report 44% Drop In Investment In 2022,Due To Funding Issues

Indian Edtech startups have been gaining popularity in recent years. According to a report , as the funding crisis deepens and layoffs rise, India saw a staggering 35% decline in funding this year, from $37.2 billion in 2021 to $24.7 billion (through November in 2022), and edtech startups experienced a significant 39% decline from the same time last year.

According to statistics, a major worldwide market intelligence platform, the significant reduction in funding is linked to a decline in late-stage investments, which plummeted by 45% from $29.3 billion in January-November 2021 to $16.1 billion for the same period this year.

Edtech Startups in India & How Did We Reach This Point

Indian Edtech startups have been gaining traction in India in recent years, as the country is striving to make sure that everyone has access to quality education. With the advancement of technology, it has become easier for edtech startups to provide innovative solutions that can help students and teachers alike. This article will explore the current situation of edtech startups in India and how we have reached this point. It will discuss the various use cases of edtech solutions, their impact on the educational landscape, and their potential for further growth.

Factors Contributing to 44% Drop in Investment for Edtech Startups

The edtech industry in India has seen a 44% drop in investment in 2020 compared to the previous year. This decrease is largely attributed to the uncertain economic environment due to the pandemic, as well as other factors such as lack of innovation and inadequate customer base. In this article, we will take a closer look at the various factors that have contributed to this decline. We will examine how these factors have affected investment decisions and what steps can be taken by edtech startups to ensure that they remain competitive in this ever-changing market.

The Impact of the 44% Drop on Investors & Entrepreneurs

The sudden and unexpected 44% drop in the stock market has had a huge impact on investors and entrepreneurs alike. It has caused a great deal of uncertainty, fear, and anxiety in the markets. This has led to a drastic decrease in investments, decreased liquidity, and an increase in risk-aversion among investors. For entrepreneurs, this has meant that raising capital for their businesses has become much more difficult due to the lack of capital available from investors. The long-term effects of this drop are still unknown but it is clear that it will have significant implications for both investors and entrepreneurs going forward.

Solutions to Address Funding Issues for Indian EdTech Companies

In recent years, EdTech companies in India have been facing a major challenge when it comes to funding. The lack of adequate funding has hindered the growth of these companies and limited their ability to provide quality education to students. This paper will explore possible solutions that could help address this issue and provide Indian EdTech startups with the necessary resources they need to succeed. It will discuss potential use cases of existing funds, such as venture capital or angel investments, as well as potential new sources of funding such as grants or crowd-funding campaigns. Finally, it will explore the potential impact that these solutions could have on the Indian EdTech sector in terms of providing access to quality education for all students.

Key Points

  • Edtech businesses ramped up employment in anticipation of the country’s anticipated rise in digital usage, notably the widespread belief that online learning would remain popular.
  • The pandemic-driven expansion also aided the nation’s edtech sector in growing into fields like online certification, exam preparation, and upskilling, providing professionals, job seekers, and students with additional chances and options for online education.
  • The overall investment raised for edtech between 2014 and 2021 was 1.72 times higher in 2021.
  • The $2.64 billion raised by Indian edtech firms this year was 44.18% smaller than the $4.73 billion raised in 2021.
  • Edtech late-stage funding plummeted 48.15 percent to $1.97 billion in 2022 from $3.8 billion in 2021.
  • Test preparation businesses raised $1.13 billion last year, making it obvious that this sector of edtech is a clear winner.
  • Indian entrepreneurs have fired more than 16,000 workers to date, with the edtech industry leading the way, and the figure is steadily rising.
  • Even if the economy is currently in a depression, companies are being encouraged by the environment to create clearer and more sustainable growth paths as investors’ evaluation measures tend to prioritise solid profitability above expansion at any costs.
  • The best performing investment industries this year were enterprise apps, fintech, and retail.
  • Fintech and retail experienced a decline in investment of 57% and 41%, respectively, compared to the same period last year, despite being unaffected by the effects of the funding slowdown.

An RBI policy that forbids non-bank financial institutions (NBFIs) from loading their prepaid instruments using credit lines has caused upheaval in the fintech industry, and the decision has had an influence on the business models of organisations like Slice and Uni Cards.

Additionally, this year’s significant price volatility in the crypto market has caused operational issues for crypto exchanges worldwide, including those in India.

Meesho app

Sellers using the Meesho app protest the alteration of the platform’s return policy

Meesho app provides a convenient Return & Exchange policy for sellers. As long as the product is in its original and unused condition, and the request is made within 7 days of delivery, sellers can easily initiate a return or exchange through the app. This policy applies for issues such as poor quality, incorrect size, color, or design, and missing or incorrect items in combo orders.

The Meesho App & Why Are Sellers Protesting

The Meesho app is a social commerce platform that connects small-scale sellers with potential customers. It has become popular among Indian entrepreneurs and small businesses, as it allows them to reach out to customers without having to invest in expensive marketing campaigns.

However, recently, several Meesho sellers have been protesting against the company due to a range of issues such as low profit margins and inadequate customer support. This article will discuss what the Meesho app is, why sellers are protesting against it, and what could be done to address their grievances.

Reasons Behind Change in Meesho App’s Return Policy

The recent change in the return policy of Meesho app has been a major topic of discussion among its users. This article will explore the reasons behind this change, and how it affects Meesho app users. We’ll look at how the new return policy works, what changes have been made to it, and what implications this has for customers. We’ll also discuss potential use cases for the new policy and how it might be beneficial to both the company and its customers. Finally, we’ll take a look at how other businesses are responding to this shift in return policies.

Sellers are Affected by Altered Return Policy on Meesho

The new return policy on Meesho has changed the way sellers operate on the platform. This policy affects the sellers in various ways, from how they manage their inventory to how they interact with customers. In this article, we will explore how the altered return policy on Meesho affects sellers and what measures they can take to mitigate any losses. We will also discuss the use cases of AI writing tool that can help them in managing their business better and providing better customer service.

Different Strategies Taken by Sellers to Protest & Combat New Return Policy

With the introduction of new return policies, sellers have had to come up with new strategies to protest and combat them. In this article, we will take a look at the different strategies taken by sellers to protect their interests in light of these new policies. We will analyze the various tactics used by sellers such as petitioning, boycotting, and legal action. Furthermore, we will discuss how successful these strategies have been in helping sellers get their voices heard and achieve desired outcomes.

Key Points

  • Certain sellers have expressed dissatisfaction with Meesho by leaving negative feedback and ratings on the app and have stopped fulfilling orders through the platform.
  • Meesho provides compensation to sellers for products that are returned by customers. However, the misuse of its lenient policy has led to changes being made to the return policy.
  • In fiscal year 2022, logistics and fulfillment costs represented the largest expense for Meesho, increasing 4.4 times to INR 2,829 Cr from INR 632 Cr in fiscal year 2021.
  • The recent policy changes provide increased transparency throughout the logistics process and give our sellers more control.
  • The startup, which secured $570 million in funding in September 2021, experienced a 68% increase in sales, with around 33.4 million orders placed during the previous year’s festive season.
  • As part of the new policy, the e-commerce platform which is backed by SoftBank has implemented technical changes, such as new barcodes and the requirement for video verification of the product packaging.
  • Given that returns represent a substantial portion of logistics costs, the e-commerce company’s decision to implement these changes makes sense from a business standpoint.
  • It is worth noting that Meesho does provide compensation to sellers for products that are returned by customers.
  • Throughout its history, Meesho has undergone several changes in direction. Initially starting as a social commerce startup, the company later transitioned to a reseller model. In 2022, it shifted to a marketplace model in an attempt to better align with market demand and compete with Amazon and Flipkart in the Indian e-commerce space.
  • Meesho revised its product return policy in response to suggestions made by its third-party logistics partners. As it increases the cost of shipping, returns represent a significant cost area for Indian e-commerce firms.
Easemy trip

EaseMyTrip has entered the offline market with launch of its ‘EaseMyTrip Franchise’program

EaseMyTrip.com, one of India’s largest online travel platforms, has announced the launch of EaseMyTrip Franchise, a flagship brand that aims to provide customers with a retail store experience. The new business model will allow customers to have an in-store retail experience, providing a personalized touch for those who prefer a face-to-face interaction. With EaseMyTrip Franchise, the company is reaching out to a new set of offline customers, which will help expand its reach. The target audience for this new venture are walk-in customers.

EaseMyTrip Franchise & How Does it Work

EaseMyTrip Franchise is an online platform that enables entrepreneurs and business owners to start their own travel agency without any hassle. It offers a wide range of services such as flight booking, hotel booking, car rental, holiday packages and more. With EaseMyTrip Franchise, you can easily set up your own travel agency in no time and start earning profits from the comfort of your home. The platform provides you with all the tools and resources necessary to manage your business efficiently. You can use its intuitive dashboard to track bookings, manage customers, create reports and more. With EaseMyTrip Franchise, you can easily take advantage of the growing travel industry and become a successful entrepreneur.

Benefits of Joining EaseMyTrip Franchise Program

Joining the EaseMyTrip Franchise Program is a great way to start your own business and benefit from its wide range of advantages. This program offers franchisees access to a variety of services, including dedicated customer service, marketing support, and technology tools. With these tools, franchisees can easily create and manage their online presence, allowing them to reach more customers and increase their sales. Additionally, the program also provides access to exclusive discounts on flights and hotels for customers who book through the franchisee’s website. By joining this program, you can not only benefit from these advantages but also gain valuable experience in running your own business.

EMT Franchise Help in Transforming Offline Travel Market in India

The emergence of EMT Franchise has revolutionized the offline travel market in India. It has enabled travelers to have access to a wide range of services and products, from booking tickets for flights, trains, and buses to planning their trips. With the help of EMT Franchise, travelers can now easily compare prices and book tickets online without having to go through the hassle of visiting multiple travel agents. Moreover, it also offers travelers great discounts on their bookings which helps them save money. This makes EMT Franchise an ideal choice for those who are looking for an easy and cost-effective way to plan their trips.

Challenges Faced by Local Agents While Joining

Joining a local real estate agent can be an intimidating process. From learning the local market to understanding the legal requirements, there are many challenges that agents face while joining. This article will discuss some of these challenges and provide advice on how to overcome them. It will also explore the benefits of joining a local real estate agency and explain why it is important for agents to understand the local market before taking on this responsibility. Finally, it will provide insight into how agents can use technology to help them succeed in their new role.

Key Points

  • EaseMyTrip Franchise provides a favorable commission structure on all transactions and bookings, a 24/7 dedicated support center for resolving queries, and live training on products.
  • It also offers operational break-even and profitable growth within 3-4 months, regular marketing and credit support to help scale the business, lead generation support, and more.
  • EaseMyTrip Franchise is suitable for anyone who has a strong network of high net worth clients, a cluster of customers, a network of societies and associations, and the ability to generate a significant amount of walk-in business.
  • EaseMyTrip will provide support in onboarding, liaisoning, managing, marketing, and other areas. The franchise is a great opportunity for those who are eager to enter the dynamic and profitable world of travel and tourism.
  • Rikant Pittie, Co-Founder of EaseMyTrip, stated that the franchise model of the company offers flexibility and aims to cater to customers who prefer face-to-face assistance and are not comfortable using the internet.
  • The focus of the franchise is to provide a unique in-person experience, building trust and brand loyalty through offline support and product demonstrations, while also assisting with booking and confirmation without any difficulties.
  • EaseMyTrip, which has a rapidly growing customer base of over 11 million and a network of 61,000+ travel agents, boasts a 98.4% booking success rate and has been profitable since its launch.
  • The franchise will offer a range of products and services such as flight booking, group fares, hotels, holidays, rail booking, car rentals, bus tickets, cruises, charters, and visa assistance.
  • The EaseMyTrip franchise model will feature a 24/7 dedicated support center to address inquiries and provide live training on products and operational profitability.
  • EaseMyTrip stated that its franchise model will provide a commission structure for all transactions and bookings.

With EaseMyTrip Franchise, the company aims to expand its customer base by reaching out to new offline customers. These physical stores will provide an opportunity for walk-in customers to experience EaseMyTrip’s services in person, thus expanding the company’s reach.

PhonePe and Locad

Indian startups raised total of $455 million,with notable contributions from PhonePe and Locad

These funding rounds are indicative of the growing investor interest in India’s startup ecosystem With a large and rapidly growing population, India presents a huge market opportunity for startups in various sectors. The success of PhonePe and Locad is likely to attract more investors to the Indian startup scene.

Record $455 Million Investment Raised by Indian Startups This Week

This week, Indian startups have raised a record-breaking $455 million in investments. This is an impressive milestone for the Indian startup ecosystem and is a testament to the potential of the country’s entrepreneurs. This money will be used to develop innovative products and services that can help India compete globally. It will also help create jobs and stimulate economic growth in the country. The investment will also go towards improving infrastructure, allowing startups to scale faster and become more competitive in their respective markets.

Impact of PhonePe on Indian Payment System

PhonePe, a UPI-based payments platform, has revolutionized the way people in India make digital payments. It has enabled more than 300 million users to make secure and convenient digital payments using their smartphones. The platform has made it easier for people to pay bills, shop online, transfer money and much more.

PhonePe has had a significant impact on the Indian payment system by providing an easy-to-use platform for making digital payments. It has also helped increase financial inclusion in the country by enabling people to access banking services without having to go to a bank branch or ATM. Furthermore, PhonePe’s innovative features such as QR code scanning and wallet-to-wallet transfers have made it even easier for users to make payments quickly and securely.

Notable Startups Who Raised Significant Funds This Week

This week has been a great one for startups, as many have successfully raised significant funds. These startups have been able to leverage their innovative ideas and business models to attract investors and secure funding. This influx of capital will allow them to expand their operations and continue to develop their products and services.

This article will discuss some of the notable startups who raised significant funds this week, including the amount they raised, their use cases, and how they plan to use the funding. We’ll also take a look at what this trend could mean for the future of startup funding.

The Indian Startup Ecosystem Seeing Such Rapid Growth

The Indian startup ecosystem has seen tremendous growth in the past few years. This is due to a combination of factors including the rise of digital technologies, increased access to capital, and supportive government policies. These have all helped to create an environment that encourages innovation and entrepreneurship. As a result, we are seeing more and more startups emerge with disruptive ideas that can transform the way we do business in India. In this article, we will look at some of the key drivers behind this growth and explore how they are helping to shape the future of Indian startups.

Key Points

  • Compared to the second week, the third week of January saw an improvement in fundraising.
  • Following the funding round, PhonePe’s current valuation is now over $12 billion.
  • PhonePe raised the largest amount of funding during the week.
  • Indian startups raised approximately $455 million in 24 deals between January 16th and January 21st, 2023.
  • ITC, a major consumer goods company, announced plans to acquire D2C brand Yoga Bar over a period of three years.
  • Fintech platform PhonePe has become the latest “decacorn” (a start-up valued at over $10 billion) in India’s startup ecosystem after securing $350 million in funding from growth equity firm General Atlantic.
  • The company is also expecting participation from other major global and Indian investors in the ongoing funding round, which is expected to reach $1 billion in multiple tranches, according to a statement from the company.
  • PhonePe is currently seeking a pre-money valuation of $12 billion, which is more than double the public market valuation of its close competitor, Paytm.
  • This funding round positions PhonePe as one of the most highly valued consumer internet firms in the country, alongside companies such as Byju’s, Swiggy, Oyo Rooms, and Ola.
  • PhonePe’s funding round comes at a time when the global startup ecosystem has seen a slowdown in funding. Both global and domestic investors have become more conservative following the tech stock crash in India and the US markets.
  • Indian startups raised a total of $24 billion in CY22, a 33% decrease compared to CY21. However, this is still more than twice the funds raised in CY20 and CY19, according to a recent PwC India report.

This fundraising comes after PhonePe recently announced its change of domicile to India and full separation from Flipkart. Last month, Flipkart and PhonePe announced a full ownership separation of PhonePe, which includes making the digital payments firm a separate entity. However, both entities will continue to operate under the umbrella of US-based Walmart.