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Startups funding in India declined by 40% in 2024 from January to March compared to the previous year, totaling $2 billion. Two new unicorns emerged in 2024. Investors are optimistic about the startup ecosystem's potential for rapid recovery and growth.
Keka HR, the market leading HR tech platform for SME businesses in India, raised $1.6MN non-dilutive growth capital through Recur Club, a new-age subscription-based financing platform. Keka HR & Recur Club As an HR payroll software, Keka puts employees at the centre of
Get latest articles and stories on Latest News at LatestLY. Minister of State for IT Rajeev Chandrasekhar on Monday said that with US Government's latest action on Silicon Valley Bank, the looming risks to Indian startups have passed, as he added that the learning for Indian startups from this crisis is to trust Indian banking system more. Latest News | With US Govt Action, Looming Risks to Indian Startups Have Passed: Rajeev Chandrasekhar on SVB Crisis.
The UK government announced on Monday that it has facilitated London-based banking major HSBC to buy the embattled UK arm of Silicon Valley Bank for 1 pound
Recur Club also added that it will not charge any platform fees in order to bolster and support the ecosystem.