India, June 3 -- After a muted April, the Indian startup ecosystem staged a comeback in May, raising a total of $1.1 Bn in funding. This was more than double the amount raised in April.

This funding surge was backed by several key developments that boosted investor confidence. Ather Energy became the first startup to go public in 2025, while major players like Groww and Shiprocket filed their draft IPO papers via the confidential route.

Not to mention, investor optimism remained undeterred in artificial intelligence (AI). Moreover, the Indian government reinforced its commitment to homegrown innovation by shortlisting three domestic GenAI startups - Gnani.ai, GAN.ai, and Soket AI - to build India's very own large language models (LLMs)....