Over the past year, big fintech players have reported tremendous growth on the back of robust credit disbursal by top tier NBFCs and banks, but the RBI directive is likely to impose a credit squeeze on these startups. Consumer lending startup Kreditbee founder Madhusudan E told Money control that in the short term only those who have overleveraged lending partners will be impacted.

Startups, the modern engines of transformation, bring fresh solutions to the forefront of society, addressing unmet needs and redefining industries. However, starting a business is not easy. The journey from an initial idea to a thriving startup is a path laden with challenges and opportunities.

Dealmaking in the Middle East during the week ended Friday was led by early-stage funding in key startups in the UAE and Saudi Arabia. While cleantech mobility startup Wize and fintech player Mafhoom raised initial capital, proptech player Ajras and cybersecurity firm Cognaa secured seed funding.

Run by a pair of brothers, Rajat and Anuj Khare, the company began as a small Indian educational startup It went on to train a generation of spies for hire that are still in business today Several cyber defense training organizations in India carry the Appin name, the legacy of an old franchise model

Acknowledging the burgeoning startup ecosystem, Chandrasekhar emphasised that the DIR V ecosystem has seen many startups such as Ventana Micro Systems, Esperanto Technologies, InCore Semiconductors, Mindgrove Technologies, and Morphing Machines. According to him, the programme represents a huge opportunity for the startups in the design ecosystem in India to build the next generation of chips around RISC V processors and systems around DIR V devices.

Global ridehailing service inDrive has announced the launch of its venture and merger & acquisition arm New Ventures to invest up to $100 million in promising startups. The M&A arm will be headed by entrepreneur and investment professional Andries Smit as Vice President. The vertical will focus on local market startups with potential for global expansion, postseed/preSeries A companies with proven product market fit, rapid organic growth and healthy economics and cash flow.

A funding squeeze and uncertain growth prospects are making Singapore startups less than gungho about adding to the city s 18,000strong fintech workforce. A funding squeeze and uncertain growth prospects are making Singapore startups less than gungho about adding to the city s 18,000strong fintech workforce.

The minister flagged off a nationwide roadshow on DIRV programme, jointly organised by CDAC IEEE India Council and Ministry of Electronics & IT (MeitY), with participation from global leaders in the RISCV design area. SHAKTI processors by IIT Madras and VEGA processors by CDAC are anchoring the DIRV ecosystem, enabling collaboration with startups and entrepreneurs.

While TBridge will facilitate global market access for Indian startups, TScale will prepare startups for SeriesA readiness As part of TScale, which it has rolled out in collaboration with Factoryal, THub has introduced a pioneering growth maturity model which will guide 25 qualifying startups through a 12month journey and prepare them for SeriesA funding

Every day, new startups are emerging, and India consistently establishes its presence in the startup scene with innovative and promising ventures. In the thriving landscape of India’s rising startups, these 15 companies are at the forefront of contributing to the nation’s economic growth.