The Week that Was: Indian Startup News Overview (07th September- 13th September)
- India’s startup ecosystem witnessed significant funding across sectors like fintech, drone tech, electronics manufacturing, kitchen-tech, and venture capital.
- Startups including PayU, ILJIN Electronics, EndureAir, AJVC, and Ember secured funding across stages from Pre-IPO to Seed rounds.
- The investments aim to fuel growth, scale operations, enhance R&D, and strengthen market presence both domestically and internationally.
The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, and Chemical Manufacturing & Digital Entertainment. It marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, and others.
Funding News: PayU Plans $300 Million Fundraise Ahead of IPO
Startup: PayU
Founders: Nitin Gupta and Shailaz Nag
About us: PayU is a leading fintech and digital payments company offering payment gateway solutions, credit products, and financial services to businesses and consumers across high-growth markets. With a strong presence in India and other emerging economies, PayU enables seamless digital transactions and financial inclusion through technology.
Founded Year: 2011
Office: Headquartered in Hoofddorp, Netherlands, with major operations in India and globally
Sector: Fintech / Digital Payments
Funding Round: Pre-IPO Fundraise
Investors: Undisclosed (likely institutional investors and strategic partners)
PayU is planning to raise $300 million ahead of its IPO, which is expected to be one of the significant fintech listings from India in recent years. The fresh capital will strengthen its balance sheet, fuel expansion in digital credit and payment solutions, and position the company strongly for public markets. The IPO will further support PayU’s growth strategy in India and other key emerging markets.
Website: https://www.payu.in

