March 2023 Startup Highlights in India

March was a busy month for Indian startups. From fresh funding to big product launches, the ecosystem showed a lot of energy. If you’re curious about what moved the needle last month, keep reading.

Funding frenzy

Fintech kept the spotlight with three major rounds that together crossed $500 million. A Mumbai‑based payments platform closed a $150 million Series C, citing plans to expand to Southeast Asia. Meanwhile, a Bengaluru AI‑driven credit startup secured $80 million to improve risk models for small businesses.

Edtech saw a slowdown, but two niche players still attracted capital. One language‑learning app raised $30 million to add regional language courses, while a coding bootcamp for college students landed $12 million to build offline hubs in tier‑2 cities.

Emerging sectors

Health tech moved from hype to real‑world impact. A Delhi‑based tele‑medicine startup launched a subscription model that now serves over 200,000 patients. The service focuses on chronic disease monitoring and has partnered with three major private hospitals.

Clean energy startups also gained attention. A solar‑panel leasing company announced a $25 million round to scale operations in Gujarat and Rajasthan, regions with high solar potential. The company promises to cut installation costs for small businesses.

On the product side, several startups unveiled new offerings. A Bengaluru AI startup released a voice‑assistant tailored for regional dialects, aiming to improve accessibility for non‑English speakers. In the e‑commerce space, a Hyderabad marketplace introduced a live‑shopping feature that integrates with social media platforms.

Policy updates added another layer of excitement. The government extended tax incentives under the Startup India scheme for an extra year, encouraging more early‑stage companies to register formally. This move is expected to boost seed‑stage investments in the coming months.

Events also played a role in shaping the conversation. The TiE Delhi summit attracted over 5,000 founders, investors, and mentors. Key topics included scaling in a post‑pandemic world and leveraging AI responsibly. A weekend hackathon in Pune produced ten viable prototypes, three of which have already secured pilot contracts.

Overall, March 2023 showed that Indian startups are not just surviving—they’re experimenting, funding, and building products that matter to everyday users. Whether you’re an investor, founder, or just curious, the trends from this month point to a more diversified and resilient ecosystem.

Stay tuned to India Startup Digest for deeper dives into these stories and more. We’ll keep bringing you the updates that matter most to the Indian entrepreneurial community.

Which is the number 1 news channel in India?

2.03.2023 By: Aarav Bhatnagar

India is a large and diverse country with various news channels available for viewers to choose from. The number one news channel in India is Aaj Tak, which has been consistently rated as the top news channel by BARC India Ratings for four consecutive years. Aaj Tak offers a wide range of news topics covering politics, sports, entertainment, business, and more, with a focus on providing reliable, unbiased, and up-to-date news coverage. The channel has a strong presence across India, with extensive coverage of international news as well. It is also the most-watched news channel in the country, with more than double the viewership of its nearest competitor.