News snapshots · 2019-10-24

Indian startups raise record $11.3B in 2019

With two months of 2019 still to go, Indian tech startups are already having their best year as a record amount of capital flows into the local ecosystem in a major rebound since the darkened funding environment in 2016. The unlisted tech startups in India have raised $11.3 billion this year, a substantial jump from last year’s $10.5 billion fundraise, research firm Tracxn told TechCrunch.

Link: Indian startups have raised a record $11.3B this year
via techcrunch.com


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