
Hyderabad to host debut ET Soonicorns Sundowner series: India's product-first startup stars step into the spotlight
Empower your mind, elevate your skills
Rohit Chennamaneni , Co-founder, Darwinbox
, Co-founder, Darwinbox Dr. Raj P. Narayanam , Founder & Executive Chairman, Zaggle
, Founder & Executive Chairman, Zaggle Prasad Vanga , Founder & CEO, Anthill Ventures
, Founder & CEO, Anthill Ventures Kavikrut, CEO, T-Hub
The region's P0 sectors, such as HRTech and Healthcare Booking, with over $640M in cumulative funding.
The P1 sectors, such as EV and BeautyTech, which are drawing high-conviction capital and churning out minicorns at speed
Skyroot Aerospace – Why spacetech needs patient capital—and why India can't afford to wait
– Why spacetech needs patient capital—and why India can't afford to wait PURE EV – From garage to gigafactory: Building India's mid-market EV brand
India's next unicorns aren't just coming from the usual suspects anymore. The momentum is shifting. From deeptech disruptors building satellites to electric vehicle (EV) pioneers manufacturing batteries at scale, Hyderabad is quietly emerging as a force to reckon with in India's innovation economy.And now, the spotlight is officially shifting. The ET Soonicorns Summit , India's largest platform dedicated to the next generation of unicorns, is back with its fourth edition on August 22, 2025. But this year, it's not just staying rooted in Bengaluru. It's hitting the road.Kicking off this expansion is the ET Soonicorns Sundowner series , a first-of-its-kind spin-off bringing high-impact startup gatherings to India's most promising, yet undercelebrated, tech corridors. First stop? Hyderabad.On July 31, the ET Soonicorns Sundowner Hyderabad will bring together unicorns, soonicorns, and minicorns, investors, and policymakers for a high-energy evening of panels, storytelling, and pitch-perfect insights.Here's why this event is a must-watch—and why Hyderabad's time has finally come.Think of it as the after-hours accelerator for India's most promising startup hubs. The Sundowner Series is a curated city-level celebration of emerging unicorns, designed to complement the main ET Soonicorns Summit in Bengaluru. Each edition brings regional founders, investors, and ecosystem enablers together in a fast-paced, insight-heavy format—with sharp data drops, real founder stories, and zero fluff.Hyderabad is the first in this series, and its inclusion is no accident.Home to capital-efficient fintech plays, business-to-business (B2B) software-as-a-service (SaaS) champions, private spacetech ventures, and EV infrastructure startups, Hyderabad is writing a new playbook—product-first, hype-last.According to the data intelligence platform Tracxn, the city commands 99.7% of all startup capital in the Andhra Pradesh–Telangana region, making it the undisputed anchor of southern India's deeptech landscape.Founders here build before they broadcast. They prototype before they pitch. And they scale—often profitably—before they seek capital. This is the anti-hype hub India didn't know it needed.The Hyderabad Sundowner promises a rapid-fire, content-rich format over a single evening, and it packs a punch.The evening opens with a keynote panel: 'Built in Hyderabad: The Rise of India's Product-First, Hype-Last Startups.' This conversation sets the tone for the evening, spotlighting Hyderabad's distinctive approach to innovation and company-building.Expect sharp insights from:This session dives into Hyderabad's unique startup DNA—spanning capital discipline, deep R&D, and enterprise-first growth. Case in point? Skyroot Aerospace, which built India's first private rocket not by chasing headlines, but by engineering excellence. Or PURE EV, which prioritised battery tech over buzz and now leads mid-market EV growth.From deeptech to fintech, the panel explores how Hyderabad founders are rewriting India's startup script. These are not outliers but narratives of a regional ethos that values substance over spectacle.To ground these conversations in data, a first-of-its-kind report by Economic Times X Tracxn will unveil the Top Sonicorns and Minicorns across the Top 10 Sectors of the Andhra Pradesh–Telangana startup cluster. Based on investment and growth data from January 2020 to May 2025, the report spotlights:Launching the report will be Jayesh Ranjan, IAS, Special Chief Secretary, Govt. of Telangana, underscoring official support for Hyderabad's innovation ambitions.The momentum continues with a high-energy storytelling session, bringing real founders with real inflection points to the forefront. This format gives startup leaders the mic for three-minute lightning stories—no decks, just raw, unfiltered experiences of pivot, perseverance, or breakout wins.Confirmed storytellers include:Each story will be followed by a quick Q&A, creating space for insight, debate, and real-time connection with the ecosystem.The evening culminates in cocktails, conversations, and capital connects. With a curated guest list of founders, venture capitalists, and ecosystem enablers, the networking session is designed for high-value collisions, not just handshakes.What makes the Hyderabad ecosystem different isn't just the companies—it's the culture.Many of Hyderabad's best-performing startups—such as Darwinbox, Skyroot, and Dhruva Space—bootstrapped longer, scaled smarter, and raised later.Founders here are often institutionally rooted (think BITS Pilani, IIIT-H, or ISRO partnerships), which results in deeper tech, cleaner cap tables, and sharper product-market fit. Even VCs agree: late-stage deals are picking up because the groundwork is stronger.In an age where PR often outpaces product, Hyderabad is turning patient innovation into scalable disruption.The ET Soonicorns Sundowner in Hyderabad isn't just a gathering—it's a declaration. Of depth over dazzle. Of product over posturing. And the rise of India's next unicorn belt beyond Bengaluru.So, whether you're an investor looking for uncut gems, a founder seeking like-minded builders, or simply someone who believes real innovation doesn't scream—it scales, this is where you need to be.360 One is the presenting partner of the ET Soonicorns Summit 2025.
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Time of India
2 days ago
- Time of India
ET X Tracxn to unveil Andhra Pradesh-Telangana's next-gen startups and strategic sectors at Soonicorns Sundowner Hyderabad
Academy Empower your mind, elevate your skills P0 sectors – Denoting mature industries with a high number of unique active investors, indicating strong validation and stability. P1 sectors – Sectors that are still nascent but attracting high-conviction funding despite a smaller investor base, pointing to deep belief in future growth. Startup formation rates Capital flow trends and investor activity Exit pathways and acquisition dynamics Sectoral maturity vs momentum across AP and Telangana Venture-backed disruptors: NxtWave (EdTech): $232M valuation on $35.8M raised—an early signal of national reach and sector relevance. DhruvaSpace (NewSpace): Valued over $104M—reflecting long-term investor faith in capital-heavy DeepTech. Revenue-first engines: Hesa (Rural FinTech): $126M in reported revenue—proof of scale with deep Bharat roots. Next Education: $73M in capital raised across multiple rounds, signalling product-market fit and monetisation success. Which sectors are peaking vs. bubbling Where the next unicorns may emerge And how India's innovation geography is rapidly shifting On July 31, 2025, The Economic Times, in collaboration with leading data intelligence platform Tracxn, will unveil the much-anticipated 'ET Top Soonicorns and Minicorns X Top Sectors AP-Telangana 2025' report at the inaugural ET Soonicorns Sundowner in Hyderabad. Startups valued between $100 million and $500 million—popularly dubbed minicorns—may no longer be flying under the radar. In a strategic shift from focusing solely on unicorn-bound startups, the report brings to light the surge of minicorns, dominating the startup-innovation economy in Andhra Pradesh-Telangana across sectors such as electric vehicles (EVs), NewSpace, EdTech, and direct-to-consumer (D2C). This report promises to be a turning point in how South India's innovation corridors are mapped, measured, and be formally launched by Jayesh Ranjan, IAS, Special Chief Secretary, Government of Telangana, the report signals the start of a new city-focused spin-off from India's largest congregation of soonicorns—the ET Soonicorns Summit. Now in its fourth year, the Summit is extending its geographic lens to spotlight India's undercelebrated but high-performance innovation corridors, with Hyderabad taking centre localised unveiling not only sets the tone for regional spotlighting but kicks off a new chapter in decoding India's startup heatmap with sharper granularity and sectoral report's findings are based on startup activity from January 1, 2020 to May 20, 2025, tracked via Tracxn's proprietary data. The report uses Tracxn's classification model to segment sectors into:Unlike previous editions that largely tracked soonicorns—startups nearing the $1B valuation mark—the latest report expands its scope to highlight both soonicorns and minicorns, offering insights into sectoral hotspots, capital flows, and business models poised to scale. The methodology anchors itself in a multi-dimensional ecosystem-first framework powered by Tracxn's proprietary data engine. It analyses:Against this dual-lens framework, the report identifies not just where money is flowing, but why. What emerges is a story of emerging sectoral champions, city-wise momentum, and next-gen minicorns that are becoming the backbone of India's future innovation centrepiece of this analysis is a curated list of 28 minicorns, primarily concentrated in Hyderabad. These aren't just valuation winners—they're category creators and deep-domain disruptors across EdTech, EVs, NewSpace, HRTech, and Digital unicorns that often emerge from later-stage funding and global market playbooks, these minicorns are tackling foundational Indian challenges—from digitising rural commerce to democratising access to education and space these minicorns follow two clear paths:This duality reflects the maturity of Hyderabad's startup base, where both high-burn tech bets and revenue-generating models are thriving side by report's P0 and P1 sectors reflect Hyderabad's strategic shift from being an outsourcing IT centre to a multi-sector innovation capital. Sectors such as Electric Vehicles, K-12 EdTech, and NewSpace are not only represented in the minicorns list but are also leading in active investor interest (P0) and deep funding concentration (P1).This convergence of capital, capability, and conviction marks Telangana's emergence as a minicorn breeding ET Soonicorns X Tracxn AP-Telangana report is not just a city ranking—it's a mirror to India's next growth wave. By moving beyond Bengaluru and Mumbai, the report underscores how cities such as Hyderabad are becoming critical to India's $1T digital economy also provides investors, policymakers, and founders with sharp insights into:The Hyderabad Sundowner is the first in a new regional spin-off of the flagship ET Soonicorns Summit, which returns to Bengaluru in August launching the city-focused data series at these intimate networking evenings, The Economic Times aims to build a year-round pulse on India's startup landscape, unlocking high-value insights from the ground July 31, the city's top founders, investors, policymakers, and operators will gather at the Sundowner for the exclusive unveiling, where the data meets the deal flow.360 One is the presenting partner of the ET Soonicorns Summit 2025.


Time of India
2 days ago
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Meet India's boldest founders. Raw, real & ready to scale. ET Soonicorns Summit 2025
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The Hindu
3 days ago
- The Hindu
Karnataka tech ecosystem sees funding drop, Bengaluru fares better: Report
The Karnataka tech ecosystem saw a noticeable funding slowdown in the first half of 2025, witnessing a sharp drop of 44% compared to the corresponding period in the previous year, shows the newly released Karnataka Tech H1 2025 Funding Reportby market research firm Tracxn. 'A total of $1.7 billion was raised in Karnataka in H1 2025, marking a significant decrease of 30% compared to $2.4 billion raised in H2 2024, and a drop of 44% compared to $3.0 billion raised in H1 2024. This decline reflects subdued investor activity across several segments when compared to prior periods,' noted the report. Sharp drops Seed stage saw a total funding of $141 million in H1 2025, a drop of 39% compared to $233 million raised in H2 2024, and a drop of 41% compared to $239 million raised in H1 2024. Early-stage funding showed healthier trends with total funding of $611 million in H1 2025, going up by 15% from $531 million raised in H2 2024. Late-stage funding witnessed the steepest fall. The funding amount stood at $930 million in H1 2025, a drop of 44% compared to $1.6 billion raised in H2 2024, and a drop of 56% compared to $2.1 nillion raised in H1 2024. Top performers Bengaluru-based tech firms accounted for the majority of the funding raised by tech companies across Karnataka. FinTech, Enterprise Applications, and Retail were the top-performing sectors in H1 2025. While Fintech and Enterprise Applications recorded an increase of 57% and 3% respectively compared to the corresponding period in the previous year, Retail saw an increase of 27% compared to H2 2024. The first half of the year witnessed two $100 million+ funds as opposed to five in H1 2024 and four in H2 2024. Tech companies in Karnataka saw 26 acquisitions in H1 2025, a drop of 4% compared to 27 in H2 2024, and a rise of 24% compared to 21 in H1 2024. Accel emerged as the most active investor. Despite fewer mega-rounds and only one IPO, the ecosystem still witnessed the creation of two new unicorns and notable acquisitions led by Groww.