Health-tech startup funding hits all-time high of $510 million in 2018
6 years, 4 months ago

Health-tech startup funding hits all-time high of $510 million in 2018

Live Mint  

Mumbai: Venture capital investment in home-grown health-tech startups in 2018 is at an all-time high with continuing investor interest, data from Tracxn Technologies shows. So far, $510 million has been invested across 80 health-tech startups, led by medicine ordering website PharmEasy, which raised $115 million across three rounds this year. Demonetisation and the subsequent surge in digital payments also helped health-tech startups, said Anil Joshi, managing partner, Unicorn India Ventures, an early-stage venture capital firm. The push towards digital payments somewhat helped overcome this hurdle and improved market access.” Health-tech startups, especially online medicine delivery platforms, are focusing on customers with chronic ailments, enabling repeat orders, which resulted in increased business, added Joshi. Unicorn India Ventures has invested about $2.5 million across two health-tech startups, including NeuroEquilibirum, which develops diagnostics for vertigo, and Pharmarack, which provides automated order processing and management for pharmaceutical retailers and distributors.

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History of this topic

Angel investing in India: High rewards, high risks—how to navigate the landscape
1 day, 13 hours ago

Angel investing in India: High rewards, high risks—how to navigate the landscape

Live Mint  

With nearly $11 billion in funding, India has emerged as the world’s third-largest startup ecosystem. Read this | From startup founders to athletes: How India’s angel investor landscape is evolving beyond wealthy individuals Angel investors play a critical role in supporting early-stage ventures by providing not just capital but also industry expertise and strategic guidance. Here are critical factors to …

AI-focused firms to corner a bulk of Bessemer Venture’s new $350 mn India fund
2 weeks, 1 day ago

AI-focused firms to corner a bulk of Bessemer Venture’s new $350 mn India fund

Live Mint  

Global venture capital firm Bessemer Venture Partners expects artificial intelligence to disrupt its investment roadmaps, with a disproportionate share of its new $350 million India-dedicated fund likely to flow into opportunities in this new-age technology that promises to transform businesses. “India is at the forefront of the AI-driven transformation, with founders building domestic as well as globally competitive businesses across …

India’s venture capital funding rises 43 pc to USD 13.7 bn in 2024
2 weeks, 2 days ago

India’s venture capital funding rises 43 pc to USD 13.7 bn in 2024

Live Mint  

New Delhi, Mar 11 India's Venture Capital ecosystem exhibited robust growth in 2024, with funding surging 43 per cent year-on-year to USD 13.7 billion, according to a report. This recovery was fuelled by a 45 per cent rise in deal activity, with 1,270 transactions recorded, reinforcing India's position as the second largest market for venture capital and growth funding in …

VC Funding in Indian Startups Drops Below $1B in Feb
3 weeks ago

VC Funding in Indian Startups Drops Below $1B in Feb

Deccan Chronicle  

Chennai: Amidst significant declines in the stock markets, venture capital fund inflows into Indian startups halved to fall below the $1 billion mark in February despite a strong start in January. According to data compiled by TheKredible, Indian startups raised a total of $802 million across 98 deals in February. Unlike January, which saw three homegrown startups securing over $100 …

Indian startups raise $1.65 bn in Feb; median valuation at $83.2 mn
3 weeks, 2 days ago

Indian startups raise $1.65 bn in Feb; median valuation at $83.2 mn

The Hindu  

Indian startups raised a total of $1.65 billion in funding at a median valuation of $83.2 million in February 2025, according to data from Tracxn. Entrepreneurs in the country's startup capital, Bengaluru, secured funding worth $353 million, with a median round size of $2 million. Those in Mumbai grabbed total funding of $102 million but with a higher median round …

Wipro commits $200 mn to venture arm Wipro Ventures
1 month ago

Wipro commits $200 mn to venture arm Wipro Ventures

The Hindu  

Wipro Limited, a technology services and consulting company, on Wednesday said it would be committing $200 million to its venture arm, Wipro Ventures, in its latest round of funding. This is the fourth round of funding raised by Wipro Ventures since its inception 10 years ago and is aimed at accelerating the company’s investments in early- to mid-stage startups, as …

Wipro’s latest big bet on startups! Wipro Ventres raises nearly ₹1,740 crore in fourth round of fundraise
1 month ago

Wipro’s latest big bet on startups! Wipro Ventres raises nearly ₹1,740 crore in fourth round of fundraise

Live Mint  

IT major Wipro on Wednesday said it will invest USD 200 million in its arm Wipro Ventures to accelerate its funding for startups in the technology innovation space. This marks the fourth funding round for Wipro Ventures since it began operations ten years ago, and is aimed at speeding up investments in startups at the early to mid-stage level, a …

India's fledgling startups are ditching the growth-at-all-costs culture for an old favourite
1 month, 1 week ago

India's fledgling startups are ditching the growth-at-all-costs culture for an old favourite

Live Mint  

Bengaluru: For long, Indian startups were celebrated for chasing growth at any cost, which meant they were free to burn through bales of investor money to acquire customers even as losses mounted. Over the next two years, most early-stage startups in India expect to break even, while several late-stage firms have already turned profitable, according to a recent survey by …

At $1.76 bn, startup funding at six-month high
1 month, 3 weeks ago

At $1.76 bn, startup funding at six-month high

Deccan Chronicle  

Chennai: The start of 2025 brought a wave of optimism as startups attracted venture capital of $1.76 billion in January, highest in six months. January 2025 saw a more than two-fold year-on-year jump in funding compared to January 2024 when the total funding was $719.42 million. January also recorded a 33 per cent increase in investments against December 2024 with …

AI startups drive VC funding resurgence, capturing record U.S. investment in 2024
2 months, 2 weeks ago

AI startups drive VC funding resurgence, capturing record U.S. investment in 2024

The Hindu  

Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from market lows, with the total capital raised in 2024 nearly 30% higher year-on-year, according to PitchBook data released on Tuesday. AI startups also captured a record 46.4% of the total $209 billion raised last year, compared to less than 10% a decade earlier. The enthusiasm …

Startup funding recovers to $14.44 bn in 2024
2 months, 3 weeks ago

Startup funding recovers to $14.44 bn in 2024

Deccan Chronicle  

Chennai: Funding in the startup ecosystem recovered to $14.44 billion in 2024 from $11.3 billion in the previous year. Indian startups raised a total of $14.44 billion across 1,337 deals in 2024 against $11.3 billion in 2023. In 2024, startups saw the lowest funding of $719.42 million in January and highest of $1.92 billion in June. Health tech secured 120 …

Fintech’s new fuel: Venture debt takes centrestage amid a funding crunch
2 months, 3 weeks ago

Fintech’s new fuel: Venture debt takes centrestage amid a funding crunch

Live Mint  

As venture capital investments into India’s financial technology sector plunged this year amid stringent regulatory oversight, fintech companies found another funding source become more readily available: venture debt. Consumer startups followed, raising $459 million in venture debt across 55 rounds this year, marking a 10% growth from the $416.4 million of venture debt they raised in 2023. Sharma said credit …

VC funding in start-ups rises to $6.53 bn, PEs invest $4.69 bn in January-November
3 months, 3 weeks ago

VC funding in start-ups rises to $6.53 bn, PEs invest $4.69 bn in January-November

New Indian Express  

Meanwhile, private equity funding in start-ups stood at $4.69 billion in January-November 2024, compared to $4.59 billion in 2023 and $14.95 billion in 2022 during the same period. Zepto raised $665 million in June and in August, it raised $340 million, and these were the top two funding rounds in 2024 so far. Late-stage funding remains cautious, with constrained valuations.” …

Public procurements may come with startup quotas
3 months, 3 weeks ago

Public procurements may come with startup quotas

Live Mint  

Top central ministries are discussing a proposal that may mandate public sector units to purchase 10% of their requirements from startups, two people aware of the development said. Some of India's ongoing efforts to encourage startups sector include the Startup India seed fund initiative and Atal Innovation Mission. This initiative not only provides a platform for startups to showcase innovative …

Stellaris Venture launches its largest ever $300 million fund
3 months, 3 weeks ago

Stellaris Venture launches its largest ever $300 million fund

Live Mint  

Bengaluru: Stellaris Venture Partners, which has backed companies such as personal care brand Mamaearth and SaaS startup Whatfix, announced the launch of its largest ever fund with a corpus of $300 million on Thursday. “With this new fund, we’re excited to back founders using technology to solve deep problems in large markets," said Rahul Chowdhri, partner at Stellaris. With this …

HealthKart raises $153 million in secondary funding led by ChrysCapital, Motilal Oswal Alternates
4 months, 1 week ago

HealthKart raises $153 million in secondary funding led by ChrysCapital, Motilal Oswal Alternates

Live Mint  

Fitness supplement brand HealthKart announced a $153 million secondary funding round led by investors ChrysCapital and Motilal Oswal Alternates, as well as a buyback of employee stock options worth ₹55 crore. Financial services platform Neo Group and HealthKart’s existing investors A91 Partners also participated in the round, the company said. ESOP buyback HealthKart’s ₹55 crore ESOP buyback is its first …

Indian Startups Secure Record Funding in October, But Funding Slumps
4 months, 3 weeks ago

Indian Startups Secure Record Funding in October, But Funding Slumps

Deccan Chronicle  

Indian startups attracted funding of Rs 1.2 billion in October, indicating a rebound from the funding winter. However, funding was subdued both on a year-on-year and sequential basis. Fintech, e-commerce, and education startups led the funding activity, with Bengaluru and Mumbai-based startups playing a significant role.

Karnataka's Startup Ecosystem Booms, with 263 New Ventures Entering Global Market
4 months, 3 weeks ago

Karnataka's Startup Ecosystem Booms, with 263 New Ventures Entering Global Market

New Indian Express  

Karnataka's startup ecosystem continues to thrive, with the state registering 263 new startups in various sectors, including healthcare and education. The surge in these sectors is attributed to the post-pandemic emphasis on digital learning and the growing demand for innovative healthcare solutions.

Indian Tech Startups Raise $4.1 Billion In First Half Of 2024, Secure 4th Place Globally: Study
9 months, 1 week ago

Indian Tech Startups Raise $4.1 Billion In First Half Of 2024, Secure 4th Place Globally: Study

ABP News  

Indian tech start-ups secured $4.1 billion in funding in the first half of 2024, a 4 per cent increase from $3.96 billion in the second half of 2023. According to Tracxn, a market intelligence platform, India ranks as the fourth-highest funded country globally in the tech startup landscape, with the US, UK, and China leading in overall funding volumes. Seed-stage …

Fintech startup funding up by 48% in Q1 2024; raising $429 million between January-March 15: Report
11 months, 3 weeks ago

Fintech startup funding up by 48% in Q1 2024; raising $429 million between January-March 15: Report

Live Mint  

Funding winter in India's tech startup ecosystem persisted between January- March 15 this year, with only $1.6 billion injected--a 51% decline, according to Tracxn report. The tech startups received $3.2 billion of funding in the same period last year. Only two tech startups received $100 million of funding in the past three months of the current calendar year-Perfios and Shadowfax. …

Art of a Good Unicorn | Startup founders, unlock golden opportunities through PE-VC investments
1 year, 2 months ago

Art of a Good Unicorn | Startup founders, unlock golden opportunities through PE-VC investments

Hindustan Times  

In recent times, it feels like we're standing on a ledge combining innovation and risk. In H1 2023, India’s PE-VC investments were said to hit about $21 billion, compared to $40 billion during the corresponding period last year, according to a report by Bain and Company. Despite global slowdown, PE-VC investments continued to trend in India in 2023 But in …

Indian startups witness 65.8% drop in funding between Jan-Nov 2023: GlobalData
1 year, 3 months ago

Indian startups witness 65.8% drop in funding between Jan-Nov 2023: GlobalData

Live Mint  

Indian startups witnessed a 65.8% drop in funding in terms of value between January and November 2023, according to a report by Times of India. Citing data from GlobalData, Indian startups raised $6.9 billion across 1,013 venture capital funding deals in the past 11 months this year. Among the top VC funding deals in Indian startups this year were- $250 …

Indian startup funding shrinks by 73% in 2023. What model companies can adopt now?
1 year, 3 months ago

Indian startup funding shrinks by 73% in 2023. What model companies can adopt now?

Live Mint  

Indian startups have reported around 73% decline in funding this year as compared to 2022. In India, startup funding has declined to a five-year low figure in 2023 — $7 billion as compared to $25 billion received in the previous year, a nearly 73% decline from funding recorded in 2022 amid a worsening global macroeconomic environment tossed by geopolitical tensions. …

Indian startups set for more pain as funding crunch worsens
1 year, 11 months ago

Indian startups set for more pain as funding crunch worsens

Live Mint  

A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with stretched valuations and faltering consumption growth, likely laying the ground for industry consolidation. The prospect of fast rising consumption both offline and in India's digital space helped many startups clock multi-billion-dollar valuations in recent years, with …

Indian FinTech startups raise $1.2 billion in first quarter of 2023: report
1 year, 11 months ago

Indian FinTech startups raise $1.2 billion in first quarter of 2023: report

The Hindu  

FinTech startups in the country attracted investments worth $1.2 billion in during the first quarter of 2023, 55% lower than $2.6 billion raised in the first quarter of 2022. The sector recorded late-stage investments of $977 million in the first three months of 2023, a spike of 325% when compared to Q4 2022 but a drop of 44% from Q1 …

Startups in India see 75% drop in funding; check details
1 year, 11 months ago

Startups in India see 75% drop in funding; check details

Live Mint  

The startup ecosystem in India saw a considerable decline in investment in the first quarter of 2023 when compared to the same period in 2018, according to the latest "Tracxn Geo Quarterly Report: India Tech - Q1 2023". According to the research, startup companies in India raised $2.8 billion in total in the first quarter of 2023, down 75% from …

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18
2 years, 1 month ago

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18

Firstpost  

Finance Minister Nirmala Sitharaman said, ‘The major push for startups happened in 2016 when the honourable Prime Minister announced a policy. And subsequently year after year giving concessions’ New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that funds are waiting to see more innovative startups from India and assured that there is no scarcity of funding. In an …

Success rate of startups in India higher than in other countries: Piyush Goyal
2 years, 3 months ago

Success rate of startups in India higher than in other countries: Piyush Goyal

The Hindu  

The government on Wednesday said that the success rate of startups in India was much higher than in other countries of the world, and the number of startups in the country had increased from 452 in 2016 to 84,012 till November 2022. Though I must say, the success rate of startups in India is relatively higher than the rest of …

Startup Funding Declines 33% Quarterly To $6.9 billion During April-June 2022
2 years, 8 months ago

Startup Funding Declines 33% Quarterly To $6.9 billion During April-June 2022

News 18  

Indian startups raised $6.9 billion in 409 funding rounds during April-June 2022, which was down by 33 per cent as compared with $10.3 billion mopped up in the previous quarter. Through this report, we aim to give industry stakeholders key insights into the ecosystem that would help in business decision making backed by extensive market intelligence and thorough research and …

As pandemic boom fades, can ed-tech startups survive?
2 years, 9 months ago

As pandemic boom fades, can ed-tech startups survive?

Business Standard  

As the pandemic receded, the business models of India’s ed-tech startups have started to unravel. The pandemic helped this sector as much of the country’s $180 billion education sector went online. BYJU’S last year acquired 32-year-old Aakash Educational Services in a $1 billion deal, marking its foray into the offline education market with 200 plus centres. Ankur Pahwa, EY’s India …

Startup Layoffs: Overall Funding Is No Less This Year, But Why Firms are Firing Employees
2 years, 9 months ago

Startup Layoffs: Overall Funding Is No Less This Year, But Why Firms are Firing Employees

News 18  

Although start-ups are resorting to lay-off of employees as they cite cost-cutting as the primary reason, data show that the overall funding for these new-generation enterprises during January-April this year is almost the same as last year and even the number of companies raising over USD 100 million is also higher than last year. Interestingly, the data showed that the …

SoftBank-Backed Fintech Start-Up Open Becomes India's 100th Unicorn With Fresh Funding
2 years, 10 months ago

SoftBank-Backed Fintech Start-Up Open Becomes India's 100th Unicorn With Fresh Funding

ABP News  

New Delhi: Open, a neobanking fintech portal, became unicorn on Monday after it raised fresh capital which pushed up its value over a billion dollars. 🥳 But before that here's the #Unicorn🧵summarizing our journey so far👇 pic.twitter.com/FsfSOpK5Bp — Open Money May 2, 2022 According to news reports, in a Series D funding round, the five-year-old neobank raised $50 million from …

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom
3 years, 2 months ago

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom

New Indian Express  

NEW DELHI: Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs, a new Nasscom report said on Friday.The Indian tech startup base continues to witness steady growth, adding over 2250 startups in 2021, which is 600 more than 2020. India, accounting for …

Global venture capital funds flock to India as China's appeal dims: Report
3 years, 4 months ago

Global venture capital funds flock to India as China's appeal dims: Report

Hindustan Times  

India is receiving investment from venture capital firms from around the world, suggesting a breakout moment for the country's startups, Nikkei Asia reported on Sunday. Citing the overall data from Tracxn, Nikkei Asia said that 597 venture capital firms have made 2,284 deals so far this year. Talking about the situation in China, the report said that Beijing's regulatory crackdown …

Groww Skyrockets its Growth with $251 Million Series E Funding
3 years, 4 months ago

Groww Skyrockets its Growth with $251 Million Series E Funding

Deccan Chronicle  

Groww, an online investment platform in India, has made it to a 3x value - at the valuation of $3 billion dollars in just a matter of just six months as an Indian Fintech startup. Rapid Growth Established in 2016 and going on for 5 years, Groww enables the Indian market's retail investors to invest in direct mutual funds, stocks, …

It’s just April and it’s raining unicorns already
3 years, 11 months ago

It’s just April and it’s raining unicorns already

Live Mint  

BENGALURU : The pace at which Indian startups are becoming unicorns, it may soon turn into a stampede. As many as eight Indian startups have garnered the coveted distinction of being valued at more than $1 billion this year—half of them just this week—as investors jostled for a slice of companies that have gained the most from the accelerated digitization …

Entrepreneur First announces pre-seed investment in 8 Indian tech start-ups
4 years ago

Entrepreneur First announces pre-seed investment in 8 Indian tech start-ups

Live Mint  

NEW DELHI: Entrepreneur First, a UK-based global talent investor has announced a total pre-seed investment of $440,000 in eight cutting-edge tech startups from its fourth cohort in India. And the fourth cohort is no different - from smart recruitment for SMEs to AI-driven automated apparel cataloguing to revolutionizing antibody discovery and immersive experiences, these startups show are well poised to …

Fintech players get $2.7 billion from VC funds in 2020: Report
4 years, 1 month ago

Fintech players get $2.7 billion from VC funds in 2020: Report

Live Mint  

Despite the pandemic-induced disruptions, venture capital funds pumped $2.7 billion into domestic fintech companies in 2020, the second-highest fund infusion into the sector since 2019 when it had peaked at $3.5 billion, according to a report. The biggest investments were into Bengaluru-based payments firm Navi Technologies at $397.9 million from angel funds, Noida-based Pine Labs attracted $300 million from private …

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic
4 years, 1 month ago

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic

Firstpost  

Indian startups are estimated to have received $10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said. “Weathering negative sentiment, seed stage investment deals grew by 50 percent from $353 million over 420 deals in 2019 to $372 million over 672 deals in 2020. The report said Bengaluru, …

Indian Startups Received $10.14 Billion in Funding in 2020; E-Commerce, Edtech Biggest Gainers: Report
4 years, 2 months ago

Indian Startups Received $10.14 Billion in Funding in 2020; E-Commerce, Edtech Biggest Gainers: Report

News 18  

Indian startups are estimated to have received USD 10.14 billion in funding across more than 1,200 deals in 2020 despite the Covid-19 crisis, a report by consulting firm HexGn said. Even though the total investment received in 2020 is lower than that of 2019, the number of deals were higher by 20 per cent, the report said. “Weathering negative sentiment, …

Venture capitalists still investing in startups, despite Covid crisis
4 years, 5 months ago

Venture capitalists still investing in startups, despite Covid crisis

NL Times  

Despite the coronavirus pandemic, startups worldwide are still getting investments from venture capitalists. In the Netherlands, startups raised 591.2 million dollars in the third quarter, more than double the 252.4 million dollars raised in the quarter before, according to a study by KPMG and additional figures the accountancy firm provided to NL Times. Over the past few quarters, investors particularly …

Fresh funding round values Byju’s at $10.5 billion
4 years, 7 months ago

Fresh funding round values Byju’s at $10.5 billion

Live Mint  

DST Global, the late-stage venture capital fund backed by Israeli-Russian billionaire Yuri Milner, is in advanced talks to invest around $400 million in online education platform Byju’s, said two people aware of the talks. Bengaluru-based Byju’s will look to raise an additional $200 million from existing investors apart from DST in the ongoing round, said one of the two people …

Venture Capitalists on Startups, Funding and Post-COVID Challenges
4 years, 8 months ago

Venture Capitalists on Startups, Funding and Post-COVID Challenges

The Quint  

According to data maintained by Venture Intelligence, the second quarter of 2020 saw FinTech companies raise the most money through 21 signed deals. Nikhil Kanekal, independent analyst and entrepreneur said that investors were looking at going digital-first. They are gravitating towards online business: media, education in new investments,” he said. Companies have been hit hard, particularly early-stage firms and they …

COVID-19 aftermath: Funding divide among Indian startups makes survival difficult; while some bag millions, others struggle
4 years, 9 months ago

COVID-19 aftermath: Funding divide among Indian startups makes survival difficult; while some bag millions, others struggle

Firstpost  

Funding in Indian tech-led startups rose by 14 percent in the first quarter of 2020 as compared to the same period last year, yet only 16 percent startups and SMEs have cash to survive for more than three months, revealed a recent survey There are two extreme situations being noticed currently with regards to funding in the startup sector. Overall, …

Indian tech-led startups attract funding worth $2.5 billion in first quarter of 2020, up 14% on-year: Report
4 years, 10 months ago

Indian tech-led startups attract funding worth $2.5 billion in first quarter of 2020, up 14% on-year: Report

Firstpost  

Indian tech-led startups attracted funding worth $2.5 billion in the first quarter of 2020, a 14 percent rise compared to the same period last year, a report by research and consulting firm HexGn said New Delhi: Indian tech-led startups attracted funding worth $2.5 billion in the first quarter of 2020, a 14 percent rise compared to the same period last …

Wipro Ventures invests in 18 early and mid-stage startups since inception in 2015
6 years, 1 month ago

Wipro Ventures invests in 18 early and mid-stage startups since inception in 2015

Firstpost  

Wipro Ventures has deployed more than two-thirds of its corpus in 18 startups, according to media reports. The $100 million Wipro Ventures is the strategic investment arm of Wipro and focuses on investing in early-to-mid-stage startups. It has helped its parent Wipro win over 100 deals – 14 in the US, three in Israel and one in Pune-based data startup …

Indian startups raise $38.3 billion funding in 2018; e-commerce, fintech attract highest investments: Report
6 years, 2 months ago

Indian startups raise $38.3 billion funding in 2018; e-commerce, fintech attract highest investments: Report

Firstpost  

Around 1,000 deals were signed by Indian startups in 2018 with areas like e-commerce, fintech, sustainability and renewable energy New Delhi: Indian startups are estimated to have raised $38.3 billion in funding in 2018, behind only the US and China, a report by Yostartups said Thursday. Around 1,000 deals were signed by Indian startups in 2018 with areas like e-commerce, …

Online medicine startups in funding frenzy as sector consolidates
6 years, 3 months ago

Online medicine startups in funding frenzy as sector consolidates

Live Mint  

Bengaluru: Online medicine delivery startups, such as PharmEasy, 1mg, Netmeds and LifCare, are racing ahead of the pack by raising large sums of capital and putting pressure on their peers to either keep raising cash or sell out. “These three players are pretty much on the same level and now the race is to determine who is the market leader—who …

Over 1,200 startups enter ecosystem in 2018 registering 108% growth; total funding rises to $4.2 billion in 2018: NASSCOM
6 years, 5 months ago

Over 1,200 startups enter ecosystem in 2018 registering 108% growth; total funding rises to $4.2 billion in 2018: NASSCOM

Firstpost  

Bengaluru: Startups in India saw a 108 percent growth in total funding from $2 billion in 2017 to $4.2 billion this year, National Association of Software and Services Companies said Thursday. However, the seed stage funding of Indian startups has declined from $191 million in 2017 to $151 million in 2018. The total number of startup funding deals, especially in …

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