1. Nvidia Joins India Deep Tech Alliance — $850 Million Boost for AI, Chips, and Robotics
The India Deep Tech Alliance (IDTA) has added global giants like Nvidia, Qualcomm Ventures, and InfoEdge Ventures as new members. The alliance has also secured an additional $850 million commitment to support Indian startups in deep-tech verticals such as AI, semiconductors, robotics, and space technology.
According to Reuters, this funding round signals a clear intent by India to build self-reliant hardware and AI infrastructure.
“This partnership could help Indian startups gain global recognition in high-tech innovation,” said industry analysts.
Why it matters: India is positioning itself as a deep-tech powerhouse, and this alliance could fast-track product-based innovation.
2. IIT Madras Launches ‘Startups for All’ — A One-Stop Startup Information Platform
In an effort to close the information gap in the Indian startup ecosystem, IIT Madras has launched a platform called Startups for All. The initiative will provide verified and comprehensive startup data for founders, investors, researchers, and students.
The project, supported by the Ministry of Education’s Innovation Cell, will enable transparency and accurate data flow in India’s fast-growing startup economy.
Why it matters: Lack of verified information has long been a pain point. This platform could improve decision-making and foster better collaboration.
3. Groww IPO: India’s Fintech Giant Eyes ₹70,000 Crore Valuation
Investment platform Groww (Billionbrains Garage Ventures Ltd) has officially launched its Initial Public Offering (IPO) with a price band of ₹95–100 per share. The company is targeting a valuation close to ₹70,000 crore (US$8–9 billion).
Early reports suggest a 14% grey-market premium, indicating high investor interest.
Founded in 2016, Groww became one of India’s largest investment apps with over 7 crore users.
Why it matters: Groww’s IPO marks a major milestone for India’s fintech sector — a symbol of maturity in the digital investment space.
4. LegaXy Partners with IIM Lucknow & Bhuvneshwar Kumar to Launch Sports & Gaming Accelerator
Sports-tech startup LegaXy has joined hands with IIM Lucknow’s incubation centre and Indian cricketer Bhuvneshwar Kumar to launch a sports and gaming accelerator.
The accelerator will focus on esports, fitness tech, sports analytics, and fan-engagement startups, offering mentorship and seed funding.
This collaboration aims to support India’s booming gaming industry, which is expected to exceed $6 billion by 2028.
Why it matters: It’s one of India’s first dedicated accelerators for gaming and sports technology startups — a space seeing explosive growth post-pandemic.
5. Zepto Eyes IPO as Indian Startups Raise $296 Million This Week
Quick-commerce unicorn Zepto is reportedly preparing to file draft IPO papers for a $450–500 million raise, targeting a 2026 listing.
Meanwhile, data from Indian Startup News shows that Indian startups collectively raised $296 million between October 27 and November 1, across 31 deals.
Top deals included fintech, SaaS, and climate-tech startups — with Snapmint topping the list.
Why it matters: After a funding slowdown earlier this year, the rebound signals renewed investor confidence in Indian innovation.
6. October 2025 Sees $1.73 Billion in Startup Funding — 2nd Highest This Year
According to TICE News, October 2025 saw a funding surge with $1.73 billion raised, marking the second-highest month of the year.
E-commerce: $527 million
Fintech: $410 million
AI & Deep Tech: $395 million
Top city: Bengaluru (over $1 billion)
Experts say this surge highlights India’s continued dominance in startup creation and investment flow, even amid global market uncertainty.
Why it matters: The numbers prove India’s startup engine remains robust — with capital flowing steadily into innovation sectors.