India’s Startup Funding: Bigger Bets, Fewer Deals

India’s startup market still has room for big checks: Simple Energy raised ₹1,750 crore in a Series C, led by the Dr Arokiaswamy Velumani Family Office, to fund manufacturing, product development and retail expansion. Separately, a proposed $25-billion pool for deep-tech startups could direct more capital toward areas such as chips, drones and AI. It is a proposal, not cash in founders’ accounts—but it signals where policy attention may be moving.

Liabilities

The quarter’s...