Thimmaya Poojary

Indian startups raised just $107 million in the second week of July, marking the second straight week of muted funding activity. While investors continue to back sectors such as deeptech and AI, the absence of large-ticket deals has kept overall venture inflows subdued.

Emergent said it will use the funds to hire talent across the United States and India, accelerate product development, and expand its go-to-market efforts.

In an interview with Enterprise Story, Malai Lakshmanan, Head of India Engineering at LinkedIn, says the company’s India engineering teams now lead AI, data, infrastructure, and product development at scale.

Wipro delivered a muted performance for the first quarter of FY27 and the revenue guidance for the second quarter remained disappointing.

India's GCC ecosystem continues to expand rapidly, but roughly one-third of newer centres are struggling to move beyond their legacy as low-cost delivery hubs into creators of enterprise value.

The venture capital funding raised in the third week of July comes as a welcome relief after a subdued inflow in the preceding two weeks.

Infosys delivers strong Q1 performance with 14% revenue growth and robust AI momentum, but trims FY27 guidance amid macro uncertainty.

The clear absence of large deals resulted in sharp decline in venture capital funding into Indian startups this week

The IT services major saw strong momentum in financial services and North America, but lowered its full-year revenue growth outlook. The company continues to invest in AI-led solutions to drive future growth.

2 min Read Venture capital (VC) funding in India's startup ecosystem declined in July, an expected trend after the suprising mega fundraise by Cred in June.