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Latest Startup News: ₹400 Cr Exit, ₹1.4B Raised, PM Modi’s Push
From record-breaking events to multi-crore funding deals, the Top Indian Startup News this week highlights a vibrant ecosystem on the move. In this Startup News Weekly Report (July 21–27, 2025), TICE brings you the most impactful stories—from government-backed accelerators and global startup exits to marquee partnerships and policy shifts. Whether you’re tracking Startup News Today or looking for the next big disruption, this edition covers key developments in deeptech, fintech, mobility, defence-tech, and more. Stay ahead with India’s most trusted source for the Latest Startup News—backed by data, insight, and strategic analysis.
Goa Launches Startup Accelerator to Drive Innovation
The Goa Startup Accelerator Program officially opened applications on July 21, 2025. Launched by the Department of IT, Electronics & Communications, this mentor-led initiative will support 30 high-potential startups (25 registered in Goa and 5 locally active). The five-month program includes masterclasses, 1:1 clinics, and a Demo Day, aiming to unify Goa’s startup ecosystem with sustained mentorship, market access, and real-time performance tracking.
WaveX’s ‘Bhasha Setu Challenge’ Deadline Extended to July 30
WaveX, under the Ministry of Information and Broadcasting, has extended its submission deadline for the AI-powered ‘Bhasha Setu Challenge’ to July 30, 2025. The challenge seeks startups building tools for real-time language translation, transliteration, and voice localization across 12 Indian languages. Open to both open-source and scalable proprietary solutions, this initiative boosts inclusive digital governance.
Bengaluru Tech Summit 2025 Aims for Guinness World Record
Scheduled for November 18–20, Bengaluru Tech Summit 2025 will gather 20,000 startup founders, aiming for a Guinness World Record. The event will showcase 10,000 startups across AI, fintech, cleantech, and spacetech. Key features include deeptech, biotech, and sustainability tracks, a Startup Springboard for investor pitching, and a commitment to a plastic-free, green-powered summit.
Cochin Shipyard’s USHUS Startups Eye DRDO Projects
At USHUS Sangamam in Kochi, 16 startups under Cochin Shipyard’s USHUS initiative unveiled maritime tech innovations—naval UAVs, underwater navigation, and AI-driven port automation. Backed by ₹50 crore funding and IIT Madras, this initiative has already created 70+ skilled jobs. Several innovations are now being evaluated for DRDO integration, marking a leap for India’s deeptech defence startups.
Maruti Suzuki Partners with DPIIT to Back Auto-Mobility Startups
Maruti Suzuki has signed an MoU with DPIIT to support startups in automobile manufacturing and mobility under the Startup India initiative. Startups will get access to Maruti Suzuki’s innovation platforms, mentorship, and industry insights. So far, 5,220 startups screened, 28 onboarded—signaling strong corporate-startup collaboration.
Corporates and Startups: Driving India’s Innovation Together
India Inc. is no longer just watching from the sidelines. Corporates like Reliance, HDFC Bank, and Apollo Hospitalsare actively partnering with startups across fintech, healthcare, and logistics. Over 70% of large Indian firms now collaborate via incubators, accelerators, or co-innovation platforms (NASSCOM). This co-creation model is reshaping India’s journey to a $5 trillion economy.
Maharashtra Startups Raise $1.4B in H1 2025
Maharashtra's startup sector raised $1.4 billion in H1 2025, marking an 8% growth. Early-stage funding rose 65% to $698M, with Mumbai contributing 64% of total investments. The state added one unicorn and two IPOs, reflecting a maturing ecosystem. B2B innovation and investor confidence remain strong.
India’s Chip Startups Gain VC Momentum
Union Minister Ashwini Vaishnaw hailed India’s chip design startups, citing strong VC interest and Semicon India policy support. India is transitioning from chip consumer to design leader, with startups focusing on AI, embedded systems, and semiconductor innovation. These advances hold strategic value for national security and economic growth.
India Launches Rolling Call for Quantum Startups
Under the National Quantum Mission, DST has opened a rolling call for startup proposals in quantum computing, communication, sensing, and materials. Startups will collaborate with hubs at IISc, IIT Madras, IIT Bombay, and IIT Delhi, gaining funding, mentorship, and infrastructure to push quantum commercialization.
SocialPilot’s ₹400 Cr Global Exit Redefines Gujarat’s Startup Landscape
Ahmedabad-based SocialPilot, a bootstrapped SaaS startup, has been acquired by Sweden’s Group.one for ₹400 crore. With over 13,000 global clients, this is one of India’s largest exits by a self-funded startup. It signals Gujarat’s rise in IT entrepreneurship, breaking the metro-dominated mold.
Global Spotlight: Taiwan Bridges Startup Ecosystems with US
The LA Landing Taiwan event, hosted by Mosaic Venture Lab, offered Taiwanese startups access to US VCs and $23.7 billion in non-dilutive funding. With R&D subsidies and tax incentives, Taiwan is positioning itself as a Asia-Pacific R&D hub, accelerating cross-border innovation.
India Startups Raise $211M; Deeptech, Fintech Dominate
During July 19–25, 2025, Indian startups raised $211.3M. Major deals: Gupshup ($60M), MedGenome ($47.5M), QpiAI ($32M). Defence-tech and seed stage startups also saw action. Major fund closures by HealthQuad ($1.1B), Multiples ($430M), and Yali Capital (₹893 Cr) suggest strong long-term investor confidence in deeptech and enterprise innovation.
PM Modi Highlights Startups in FTA, Mann Ki Baat, and Khelo Bharat
India–UK FTA: A Boost for Startups and MSMEs
PM Narendra Modi, in Tuticorin, highlighted the India–UK FTA offering 99% tax-free access to Indian products in the UK. Sectors like handlooms and seafood will benefit, empowering MSMEs and youth in Tamil Nadu.
Space & Textile Startups Shine in Mann Ki Baat
India now hosts 200+ space startups, up from 50 in five years. PM Modi lauded grassroots textile startups and invited ideas for National Space Day (Aug 23).
Khelo Bharat Niti 2025: Push for Sports Startups
PM pledged support for sports-tech startups in manufacturing and management, with a focus on rural inclusion and Made-in-India sports gear under Khelo Bharat Niti 2025.
India’s Startup Ecosystem Accelerates Toward Scale and Global Reach
From ₹400 Cr exits to chip innovation, quantum funding, and FTA support, India’s startup scene is entering a strategic growth phase. With corporate partnerships, deeptech traction, and global investor confidence, the coming months will define India’s startup-led economic future.