Indian startups witness 108% growth in funding; Bag this much of total investment in 2018
6 years, 2 months ago

Indian startups witness 108% growth in funding; Bag this much of total investment in 2018

ABP News  

New Delhi: The startups in India saw a 108 per cent growth in total funding from USD two billion in 2017 to USD 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 USD 191 million in 2017 to USD 151 million in 2018. The total number of startup funding deals, especially in the late stages, witnessed a massive growth of around 250 per cent from USD 847 million in 2017 to USD 3 billion in 2018,”the report said. There was 120 per cent funding growth for AI startups with USD 150 million investments made in this field in 2018.

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