According to new data released, in 2019, Indian startups raised US $14.5 billion in 1185 funding rounds out of which 459 were Series A & late-stage investments. According to the ‘India Tech Annual Factsheet – 2019’ compiled by data analytics firm Tracxn, this was a jump from $10.5 billion raised by young ventures in 2018 & $10.4 billion in 2017.
Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year – Business Standard
As the decade is coming to an end, it has seen an impressive 25x growth from a tiny $550 million in 2010 to $14.5 billion in 2019 in terms of the total funding raised by the start-ups.
This year start-ups raised $14.5 billion in 1185 funding rounds out of which 459 were Series A and late-stage investments, according to the ‘India Tech Annual Factsheet – 2019’ compiled by data analytics firm Tracxn. This is a significant jump from $10.5 billion raised by young ventures in 2018 and $10.4 billion in 2017.
via: Business Standard
