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From Drools To Digantara — Indian Startups Raised $149 Mn This Week – Sigurd Ventures

June 27, 2023

The Indian startup ecosystem secured $149 Mn funding across 20 deals in the third week of June Bengaluru-based pet food startup Drools bagged $60 Mn in a funding round from L Catterton at $600 Mn valuation Fintech unicorn CRED has acquihired Y Combinator-backed micro-savings platform Spenny During the third week of June, the Indian startup ecosystem experienced a dip in total funding raised. From June 19 to June…

The Rise of Small Town Startup Ecosystem: Sigurd Decodes the Shift from Tier-1 to Tier-2 and Tier-3 Cities

June 17, 2023

Breaking the mold, small towns in India have seen an influx of startups. Ever wondered why?  While Tier 1 cities such as Delhi, Mumbai, and Bengaluru have long been the engines of progress, the growth story shifted to Tier 2 & Tier 3 cities with investments and innovation.  Widely recognized Tier 1 cities already have vibrant and flourishing start-up ecosystems. Hence, people started realizing that lesser-known counterparts of…

Sustainability : The New Fuel For Startups

April 22, 2023

In today’s ever-evolving, fast-paced world, incorporating sustainability is no longer an option. As per estimates of Swiss Re, by 2050, inaction on climate change will cause the loss of 18% of global GDP. In addition, a recent Deloitte analysis from 2022 estimates that inaction on climate change will cost the world economy $178 trillion over the following five decades. Accelerating to net zero sooner will boost the world…

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