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7 Most Funded Startups Based Out Of Hyderabad

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First SaaS Unicorn Of 2020: HighRadius Raises $125 Mn Series B Valued At Over $1 Bn
The Big Billion Days Report Card (2)

Highradius

Funding Raised: $475 Mn

Key Investors: Tiger Global Management, ICONIQ Growth, PNC, Susquehanna Growth Equity, Citi Ventures

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SaaS Unicorn Zenoti Raises $80 Mn In Series D From TPG
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Zenoti

Funding Raised: $331 Mn

Key Investors: TPG, Accel, Tiger Global Management, Steadview Capital, Norwest Venture Partners

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Smartron Secures $200 Mn Share Subscription Facility From GEM Group Summary Smartron began its operations as a smartphone OEM before pivoting to make AI-enabled IoT devices and EVs The market size of the global IoT industry was estimated to be $308.9 Bn in 2020 and is projected to grow from $381.30 Bn in 2021 to $1,854.76 Bn in 2028 New use cases and applications borne out of IoT devices’ ability to interact with each other (self-reliantly) without human interference is expected to drive this growth further
The Big Billion Days Report Card (2)

Smartron

Funding Raised: $210.5 Mn

Key Investors: Sanjay Jha, TAQNIA, The Global Emerging Markets Group, Silpa Chaitanya Pakanati

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Zenwork

Funding Raised: $163 Mn

Key Investors: Spectrum Equity

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1.-Pharmaceuticals-Laurus-logo

Laurus Labs

Funding Raised: $148.1 Mn

Key Investors: Goldman Sachs, Eight Roads Ventures, Warburg Pincus

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AI Edge Computing Solutions Company Blaize Closes $71 Mn Series D Round

Blaize

Funding Raised: $136 Mn

Key Investors: Denso, Mercedes-Benz Group AG, Temasek Holdings, Franklin Templeton, GGV Capital

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Darwinbox Aims To Be Profitable By 2023, Eyes IPO In 3 Years

Darwinbox

Funding Raised: $115.9 Mn

Key Investors: Microsoft, Sequoia Capital, State Bank of India, TCV, 3one4 Capital

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hyderabad

Why Investors Crown Hyderabad As India’s Next Startup Powerhouse

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