logo
#

Latest news with #Tracxn

Make in Hyderabad: Economic Times X Tracxn's top sectors and startups report to launch at the inaugural ET Soonicorns Sundowner
Make in Hyderabad: Economic Times X Tracxn's top sectors and startups report to launch at the inaugural ET Soonicorns Sundowner

Economic Times

time5 hours ago

  • Business
  • Economic Times

Make in Hyderabad: Economic Times X Tracxn's top sectors and startups report to launch at the inaugural ET Soonicorns Sundowner

ET Special Hyderabad's startup surge gets its definitive pulse check this month. On July 31, 2025, The Economic Times, in collaboration with data intelligence platform Tracxn, will unveil the much-anticipated 'ET Top Soonicorns and Minicorns X Top 10 Sectors AP-Telangana 2025' report at the inaugural ET Soonicorns Sundowner in be unveiled by Jayesh Ranjan, IAS, Special Chief Secretary, Government of Telangana, the report marks the beginning of a new city-focused spin-off from India's largest congregation of soonicorns, the ET Soonicorns Summit. Now in its fourth edition, the summit extends its geographic footprint by turning the spotlight on undercelebrated innovation corridors, beginning with Hyderabad. Why this report matters: A region defined by one city While India's startup narrative typically tilts towards Bengaluru, Mumbai, or Delhi-NCR (National Capital Region), a silent revolution has been brewing in Telangana's capital. Between January 2020 and May 2025, Hyderabad alone accounted for over 2,500 startups, $2.1 billion in funding, and a staggering 99.7% of the region's total startup capital. The city has emerged as a complete startup ecosystem—from seed-stage ventures to scalable soonicorns. What makes this report unique is its expansive and ecosystem-first methodology that maps not just valuation but capital flows, sectoral density, investor behaviour, and ecosystem architecture. Unlike last year's Soonicorn analysis, which was limited to private companies nearing unicorn status based solely on valuation and revenue, this year's report takes a more holistic report analyses startup formation, capital concentration, investor activity, and exit trends across Andhra Pradesh and Telangana using data sourced from Tracxn, one of India's leading data intelligence platforms. The study spans January 1, 2020 to May 20, 2025, a five-year window that allows us to gauge both momentum and sectoral maturity. Methodology: From capital maps to sectoral maturity This isn't your typical ranking list. Powered by Tracxn's proprietary data, the report segments companies and sectors using a dual-priority framework: P0 sectors represent those with the highest number of active investors, indicating market maturity and validation. P1 sectors highlight those with high funding concentration despite a lower investor base, suggesting early conviction bets with outsized growth potential. The report covers over 1500 companies across Andhra Pradesh and Telangana, spanning data from January 1, 2020, to May 20, 2025. Key metrics include: Number of startups founded Total capital raised Number of funding rounds Number of unique investors Count of Soonicorns (valued near or above $1 billion) Count of Minicorns (valued between $100 million and $500 million) City-wise capital flows and sectoral funding distribution This multi-dimensional lens reveals not just where capital is going, but also why, and what this means for AP and Telangana's long-term startup viability. Healthcare Booking Platforms and HRTech dominate investor mindshare In the P0 category, Healthcare Booking Platforms lead with $335.7 million in funding across just 20 rounds from 58 unique investors. That's an average of $16.8 million per round—an astonishing figure that signals deep market confidence in scalable health-tech on its heels is HRTech, which drew $311.7 million across 40 rounds from 43 investors. Notably, 155 new HRTech companies were founded in the region during this period, reflecting sustained entrepreneurial interest in solving workforce management and upskilling challenges. EdTech and E-Commerce power the startup engine K-12 EdTech and Continued Learning together gave rise to over 370 startups, supported by over $97 million in funding and participation from more than 80 investors. This signals a competitive, vibrant, and still-nascent Online Grocery and Logistics Tech continue to anchor Hyderabad's strong e-commerce backbone. With over $63 million in combined funding, these sectors demonstrate a reliable blend of demand-driven scale and operational tech sophistication. EVs, Beauty Tech, and Alternative Lending lead the P1 frontier While P0 sectors showcase the breadth of innovation emerging across India—ranging from agri-tech to assistive intelligence—P1 sectors reflect the depth of conviction driving sustained investment and strategic focus. These are the areas where founders, investors, and policymakers are placing their strongest bets, with sharper business models, deeper capital backing, and clearer policy alignment. The P1 distinction signals that these sectors are not just promising—they're pivotal to India's next big leap in the startup Electric Vehicles (EV) sector leads the P1 cohort with 50 funding rounds, $134.2 million in capital, five minicorns, and two soonicorns—all backed by only 30 investors. This suggests considerable maturity and scale and a decent degree of strategic investment with significant backing from the likes of Hyderabad Angels and Beauty Tech, with just 18 investors, still raised $260.4 million, driven largely by a mega round.* This translates to an average deal size of $16.3 million per funding round, making it the second highest across P0 and P1 cohorts and the highest in the P1 Lending secured $149.8 million from only 20 investors and produced two soonicorns.* This indicates a diverse and micro-focused fintech playbook with high-growth potential despite a lean investor base. The rise of Deep Tech and NewSpace ambitions The NewSpace sector, though still niche, brought in $125.8 million from just 14 investors. One soonicorn has already emerged in this vertical, showcasing Hyderabad and AP's ambitions in India's next frontier—private space tech. The bigger picture: What this launch means for India's startup cartography The unveiling of this report at the ET Soonicorns Sundowner Hyderabad marks more than a data milestone. It represents a narrative shift. As Indian startups decentralise, understanding the true gravity centres beyond Bengaluru becomes critical. This year's ET Soonicorns Summit on 22 August 2025 in Bengaluru expands its focus with the launch of the ET Soonicorns Sundowner series. These intimate, city-specific gatherings aim to bring capital, policy, and founders together in India's rising tech corridors. First stop: Hyderabad. On July 31, expect sharp panels, closed-door huddles, and the region's most data-rich startup report—all wrapped in one evening. And it all begins with the unveiling of this report by Jayesh Ranjan, IAS, setting the tone for India's next wave of unicorn builders.*As per the current inclusion criteria, only companies with revenue reported as of March 2023 or March 2024 have been considered. 360 One is the presenting partner of the ET Soonicorns Summit 2025. (This article is generated and published by the ET Spotlight team. You can get in touch with them at etspotlight@ .) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. From near bankruptcy to blockbuster drug: How Khorakiwala turned around Wockhardt Paid less than plumbers? The real story of freshers' salaries at Infy, TCS. What if Tata Motors buys Iveco's truck unit? Will it propel or drag like JLR? As deposit ground slips under PSU banks' feet, they chase the wealthy If data is the new oil, are data centres the smokestacks of the digital age? Stock Radar: M&M likely to break out from 1-year consolidation range; time to buy? Will consumer stocks see a comeback this festive season? 12 stocks to keep an eye on even when analysts are not bullish Don't fear volatility, focus on businesses: 5 mid-cap stocks from different sectors with upside potential of up to 27% Best way to deal with volatility, just ' Hold' for wealth creation: 7 large-cap stocks with an upside potential of up to 41%

Make in Hyderabad: Economic Times X Tracxn's top sectors and startups report to launch at the inaugural ET Soonicorns Sundowner
Make in Hyderabad: Economic Times X Tracxn's top sectors and startups report to launch at the inaugural ET Soonicorns Sundowner

Time of India

time7 hours ago

  • Business
  • Time of India

Make in Hyderabad: Economic Times X Tracxn's top sectors and startups report to launch at the inaugural ET Soonicorns Sundowner

Academy Empower your mind, elevate your skills P0 sectors represent those with the highest number of active investors, indicating market maturity and validation. P1 sectors highlight those with high funding concentration despite a lower investor base, suggesting early conviction bets with outsized growth potential. Number of startups founded Total capital raised Number of funding rounds Number of unique investors Count of Soonicorns (valued near or above $1 billion) Count of Minicorns (valued between $100 million and $500 million) City-wise capital flows and sectoral funding distribution etspotlight@ Hyderabad's startup surge gets its definitive pulse check this month. On July 31, 2025, The Economic Times, in collaboration with data intelligence platform Tracxn, will unveil the much-anticipated 'ET Top Soonicorns and Minicorns X Top 10 Sectors AP-Telangana 2025' report at the inaugural ET Soonicorns Sundowner in be unveiled by Jayesh Ranjan, IAS, Special Chief Secretary, Government of Telangana, the report marks the beginning of a new city-focused spin-off from India's largest congregation of soonicorns, the ET Soonicorns Summit. Now in its fourth edition, the summit extends its geographic footprint by turning the spotlight on undercelebrated innovation corridors, beginning with India's startup narrative typically tilts towards Bengaluru, Mumbai, or Delhi-NCR (National Capital Region), a silent revolution has been brewing in Telangana's capital. Between January 2020 and May 2025, Hyderabad alone accounted for over 2,500 startups, $2.1 billion in funding, and a staggering 99.7% of the region's total startup capital. The city has emerged as a complete startup ecosystem—from seed-stage ventures to scalable makes this report unique is its expansive and ecosystem-first methodology that maps not just valuation but capital flows, sectoral density, investor behaviour, and ecosystem architecture. Unlike last year's Soonicorn analysis, which was limited to private companies nearing unicorn status based solely on valuation and revenue, this year's report takes a more holistic report analyses startup formation, capital concentration, investor activity, and exit trends across Andhra Pradesh and Telangana using data sourced from Tracxn, one of India's leading data intelligence platforms. The study spans January 1, 2020 to May 20, 2025, a five-year window that allows us to gauge both momentum and sectoral isn't your typical ranking list. Powered by Tracxn's proprietary data, the report segments companies and sectors using a dual-priority framework:The report covers over 1500 companies across Andhra Pradesh and Telangana, spanning data from January 1, 2020, to May 20, 2025. Key metrics include:This multi-dimensional lens reveals not just where capital is going, but also why, and what this means for AP and Telangana's long-term startup the P0 category, Healthcare Booking Platforms lead with $335.7 million in funding across just 20 rounds from 58 unique investors. That's an average of $16.8 million per round—an astonishing figure that signals deep market confidence in scalable health-tech on its heels is HRTech, which drew $311.7 million across 40 rounds from 43 investors. Notably, 155 new HRTech companies were founded in the region during this period, reflecting sustained entrepreneurial interest in solving workforce management and upskilling challenges.K-12 EdTech and Continued Learning together gave rise to over 370 startups, supported by over $97 million in funding and participation from more than 80 investors. This signals a competitive, vibrant, and still-nascent Online Grocery and Logistics Tech continue to anchor Hyderabad's strong e-commerce backbone. With over $63 million in combined funding, these sectors demonstrate a reliable blend of demand-driven scale and operational tech P0 sectors showcase the breadth of innovation emerging across India—ranging from agri-tech to assistive intelligence—P1 sectors reflect the depth of conviction driving sustained investment and strategic focus. These are the areas where founders, investors, and policymakers are placing their strongest bets, with sharper business models, deeper capital backing, and clearer policy alignment. The P1 distinction signals that these sectors are not just promising—they're pivotal to India's next big leap in the startup Electric Vehicles (EV) sector leads the P1 cohort with 50 funding rounds, $134.2 million in capital, five minicorns, and two soonicorns—all backed by only 30 investors. This suggests considerable maturity and scale and a decent degree of strategic investment with significant backing from the likes of Hyderabad Angels and Beauty Tech, with just 18 investors, still raised $260.4 million, driven largely by a mega round.* This translates to an average deal size of $16.3 million per funding round, making it the second highest across P0 and P1 cohorts and the highest in the P1 Lending secured $149.8 million from only 20 investors and produced two soonicorns.* This indicates a diverse and micro-focused fintech playbook with high-growth potential despite a lean investor NewSpace sector, though still niche, brought in $125.8 million from just 14 investors. One soonicorn has already emerged in this vertical, showcasing Hyderabad and AP's ambitions in India's next frontier—private space unveiling of this report at the ET Soonicorns Sundowner Hyderabad marks more than a data milestone. It represents a narrative shift. As Indian startups decentralise, understanding the true gravity centres beyond Bengaluru becomes year's ET Soonicorns Summit on 22 August 2025 in Bengaluru expands its focus with the launch of the ET Soonicorns Sundowner series. These intimate, city-specific gatherings aim to bring capital, policy, and founders together in India's rising tech stop: Hyderabad. On July 31, expect sharp panels, closed-door huddles, and the region's most data-rich startup report—all wrapped in one evening. And it all begins with the unveiling of this report by Jayesh Ranjan, IAS, setting the tone for India's next wave of unicorn builders.*As per the current inclusion criteria, only companies with revenue reported as of March 2023 or March 2024 have been considered.360 One is the presenting partner of the ET Soonicorns Summit 2025.

In numbers: How women lead India's startup revolution
In numbers: How women lead India's startup revolution

First Post

time8 hours ago

  • Business
  • First Post

In numbers: How women lead India's startup revolution

Women entrepreneurs are driving a transformative wave across India's startup ecosystem, putting the country prominently on the global map of startup ventures read more India is witnessing a quiet yet powerful transformation — one that is being led by women entrepreneurs across the length and breadth of the country. Union Minister Jitendra Singh has said that of the 1.7 lakh startups currently operating in India, nearly 76,000 are led by women. This milestone is more than symbolic as it signals a structural shift in how innovation, economic participation and leadership are being reshaped across India's entrepreneurial landscape. Collectively, these startups have generated over 17 lakh jobs, contributing meaningfully to India's employment base and economic development. STORY CONTINUES BELOW THIS AD This transformation is not limited to India's metropolitan hubs. The Indian minister pointed out that smaller towns, particularly in Tier 2 and Tier 3 urban clusters in poorer states such as parts of Bihar, are emerging as fertile grounds for women-led ventures. These new entrepreneurial hotspots show the expanding reach of India's startup ecosystem into areas that were historically left out of the innovation discourse. Where women found and flourished Data from the Startup India digital map reveals that states such as Maharashtra, Delhi, Karnataka, Tamil Nadu and Uttar Pradesh host the highest number of women-led startups. Maharashtra alone accounts for nearly 13,700 of these ventures, demonstrating how infrastructural advantages and capital access can fuel female entrepreneurship. Southern states such as Telangana and Kerala also show strong numbers, suggesting the influence of state-level policies designed to foster inclusive growth. However, the data also reflect disparities. Northeastern states and Union Territories such as Sikkim, Ladakh and Lakshadweep continue to lag in supporting women-led enterprises, largely due to limitations in market access, mentorship and funding. This regional imbalance highlights the need for more localised interventions tailored to the challenges of these underrepresented areas. A global powerhouse in women-led startup funding On the global stage, India ranks second only to the United States in terms of cumulative funding raised by companies with women founders. According to a recent report by Tracxn, women-led tech startups in India have collectively raised a staggering $26.4 billion to date. In 2024 alone, these ventures secured $1 billion in funding — representing 8.76 per cent of all tech startup capital raised in the country that year. Despite a 25 per cent decline from 2023's funding figures, the early-stage investment segment actually grew by six per cent, reflecting increased investor confidence in newer women-led ventures. Still, the need for sustained capital support remains critical, especially as fewer startups progress beyond Series A funding. Bengaluru: India's startup capital for women Among Indian cities, Bengaluru stands as the unequivocal leader in both the number of women-led startups and total funding secured. It is followed by Mumbai and the Delhi-NCR region. This dominance reflects not only access to capital and talent but also the presence of supportive ecosystems that encourage risk-taking and innovation by women founders. Bengaluru's startup culture — long heralded for its openness to diversity and experimentation — has provided a conducive environment for many prominent women-led companies further strengthening its position as a launchpad for entrepreneurial success. Sectoral impact: Beyond traditional boundaries Women-led startups are not confined to a narrow band of sectors. The Tracxn report reveals that these ventures span diverse industries, with the retail sector leading in cumulative funding at $7.8 billion. Edtech follows at $5.4 billion, while enterprise applications claim $5 billion. This diversification signals a maturity in the ecosystem—women founders are not just participating, they are innovating across verticals that were once considered male-dominated. Emerging sub-sectors such as fashion tech, Internet-first consumer brands and B2C ecommerce are seeing increased activity by women founders, redefining what entrepreneurial leadership looks like in India. STORY CONTINUES BELOW THIS AD Unicorns, IPOs and the journey ahead India's women-led startup ecosystem has already produced multiple unicorns, with notable spikes in 2021 when eight new unicorns emerged. While the pace has slowed — 2023 and 2024 saw no new unicorns — the groundwork for future growth continues to be laid. In terms of public market participation, five women-led startups went public in 2024, including notable names like MobiKwik and LawSikho. These successful IPOs mark important milestones, proving that women entrepreneurs are not only building scalable businesses but also ones that are investment-worthy at the highest levels. However, the path to unicorn status and public listing remains steep. Only 2.3 per cent of funded women-led startups have advanced to Series C or beyond. Addressing this requires more institutional backing, mentorship networks, and long-term funding strategies. Icons of innovation A number of women-led startups have emerged as industry benchmarks. Startups such as ACKO, LivSpace, Amagi and The Good Glamm Group are disrupting fields such as insurtech, proptech, SaaS and digital consumer goods. These ventures showcase the range, impact and ambition that characterise the new wave of women-led innovation in India. Government support and vision The government has not remained a passive observer in this evolution. At a recent conference on women's development in Bihar, Singh stressed upon the government's focus on empowering women through institutional and scientific avenues. Initiatives such as the WISE (Women in Science and Engineering), CURIE and GATI schemes aim to build both skill and confidence among aspiring women innovators. Bihar, for instance, is being positioned as a model state in women-led development, thanks to programmes like the Lakhpati Didi scheme and 50 per cent reservation for women in Panchayats. These efforts reflect a strategic push to embed women-centric leadership into the country's developmental blueprint. Singh also emphasised how women are increasingly occupying leadership roles in traditionally male-dominated sectors. India now boasts over one-third of its CSIR laboratories headed by women scientists. Women are playing vital roles in space missions, defence and policy-making—reshaping perceptions and realities at the highest levels. STORY CONTINUES BELOW THIS AD Inclusive and bold India's women-led startup revolution is more than a statistical phenomenon. It is a powerful indicator of what inclusive, equitable growth can look like. From Bengaluru's tech corridors to the grassroots of Bihar, women are shaping a new economic narrative grounded in creativity, resilience and impact. Yet, the journey is far from complete. Funding gaps, regional disparities and a lack of late-stage capital remain significant hurdles. Closing these gaps will require not only public sector commitment but also proactive support from investors, incubators and industry leaders. As India looks toward its Viksit Bharat@2047 vision, one thing is increasingly clear: the future of Indian innovation is not just inclusive, it is female-led. And in that future, numbers don't just tell a story; they tell a revolution in progress.

Hyderabad to host debut ET Soonicorns Sundowner series: India's product-first startup stars step into the spotlight
Hyderabad to host debut ET Soonicorns Sundowner series: India's product-first startup stars step into the spotlight

Time of India

time9 hours ago

  • Business
  • Time of India

Hyderabad to host debut ET Soonicorns Sundowner series: India's product-first startup stars step into the spotlight

Academy 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 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 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? 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 why this event is a must-watch—and why Hyderabad's time has finally 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 is the first in this series, and its inclusion is no 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, 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 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 Hyderabad Sundowner promises a rapid-fire, content-rich format over a single evening, and it packs a 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 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 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 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 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 storytellers include:Each story will be followed by a quick Q&A, creating space for insight, debate, and real-time connection with 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 makes the Hyderabad ecosystem different isn't just the companies—it's the of Hyderabad's best-performing startups—such as Darwinbox, Skyroot, and Dhruva Space—bootstrapped longer, scaled smarter, and raised 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 an age where PR often outpaces product, Hyderabad is turning patient innovation into scalable 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 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.

Tracxn Technologies shares jump 5% as board approves share buyback; Details
Tracxn Technologies shares jump 5% as board approves share buyback; Details

Business Standard

time3 days ago

  • Business
  • Business Standard

Tracxn Technologies shares jump 5% as board approves share buyback; Details

Tracxn Technologies shares jumped 5.3 per cent, logging an intraday high at ₹62.83 per share on BSE. However, at 12:17 PM, Tracxn Technologies pared gains and the share price was trading 0.34 per cent higher at ₹59.84 per share on the BSE. In comparison, the BSE Sensex was down 0.74 per cent at 81,653.42. The company's market capitalisation stood at ₹641.54 crore. The 52-week high of the stock was at ₹107.93 per share, and the 52-week low of the stock was at ₹48 per share. Tracxn Technologies share buyback details On Thursday, after market hours, the company's board approved the proposal for a share buyback. The buyback price has been increased from ₹70 to ₹75. The maximum number of shares proposed to be bought back has been reduced from 11,42,857 to 10,66,666. A share buyback is when a company buys back its own shares from the stock market or shareholders. This reduces the number of shares available in the market. "We wish to inform you that the Buyback Committee of the company vide circular resolution dated July 17, 2025 has approved the following: (i) The Buyback Price has been increased from ₹70/- (Rupees Seventy only) per Equity Share to ₹ 75/- (Rupees Seventy-Five Only) per Equity Share," the filing read. It added: The maximum number of Equity Shares proposed to be bought back by the company has been reduced from 11,42,857 (Eleven Lakhs Forty-Two Thousand Eight Hundred and Fifty-Seven) fully paid-up Equity Shares to 10,66,666 (Ten Lakhs Sixty-Six Thousand Six Hundred and Sixty-Six) Equity Shares, representing 0.99 per cent of the total number of shares of the company. About Tracxn Technologies Founded in 2013 by ex-Venture Capitalists, Tracxn is a market research and data platform that tracks companies across the globe. Tracking 3.7M+ entities through 2.9k+ feeds categorized across industries, sectors, sub-sectors, geographies, affiliations, and networks globally. Its clientele includes VCs, PE Funds, M&A and Innovation teams of Fortune 500 companies, and Investment Banks who use Tracxn data for daily deal sourcing, identifying M&A targets, deal diligence, and tracking emerging themes across Industries & Markets. The Tracxn platform is also used by various Governments, Accelerators & Incubators, and Universities for tracking innovative companies and sectors.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store