India Witnesses 33 Percent Dip In Startup Funding At $6.9 Billion In April-June
CEOInsights Team, 0
The Indian startups raised $6.9 billion in Q2 in 409 funding rounds and the top startups were VerSe ($805 million), Delhivery ($304 million), and udaan ($275 million). They were followed closely by ShareChat ($255 million) and upGrad ($225 million). Bengaluru, Delhi, and Mumbai are the top cities attracting the maximum investments, as per the report. “We aim to give industry stakeholders key insights of the ecosystem that would
help in business decision making that is backed by extensive market intelligence and thorough research and data analysis”, said Neha Singh, Co-Founder, Tracxn.
The Indian startups raised $6.9 billion in Q2 in 409 funding rounds and the top startups were VerSe ($805 million), Delhivery ($304 million), and udaan ($275 million). They were followed closely by ShareChat ($255 million) and upGrad ($225 million). Bengaluru, Delhi, and Mumbai are the top cities attracting the maximum investments, as per the report. “We aim to give industry stakeholders key insights of the ecosystem that would help in business decision making that is backed by extensive market intelligence and thorough research and data analysis”, said Neha Singh, Co-Founder, Tracxn.
The total funding in Q2 also witnessed a decline in comparison to the same quarter last year (Q2 2021), where the total funds raised were $10.1 billion. “Though investors are a little wary due to the current environment it hasn't dampened the investment spirit of the community. They have become more decisive about the startups they want to nurture and are focusing extensively from a long-term gain perspective”, said Abhishek Goyal, Co-Founder, Tracxn.While IPV and Blume Ventures topped the investment charts in seed-stage startups, Sequoia Capital and Accel ranked highest in the early-stage startups funding standing. Sofina and DST Global are the leading late-stage institutional investors, the ATracxn report mentioned.
The Indian startups raised $6.9 billion in Q2 in 409 funding rounds and the top startups were VerSe ($805 million), Delhivery ($304 million), and udaan ($275 million). They were followed closely by ShareChat ($255 million) and upGrad ($225 million). Bengaluru, Delhi, and Mumbai are the top cities attracting the maximum investments, as per the report. “We aim to give industry stakeholders key insights of the ecosystem that would help in business decision making that is backed by extensive market intelligence and thorough research and data analysis”, said Neha Singh, Co-Founder, Tracxn.
The total funding in Q2 also witnessed a decline in comparison to the same quarter last year (Q2 2021), where the total funds raised were $10.1 billion. “Though investors are a little wary due to the current environment it hasn't dampened the investment spirit of the community. They have become more decisive about the startups they want to nurture and are focusing extensively from a long-term gain perspective”, said Abhishek Goyal, Co-Founder, Tracxn.While IPV and Blume Ventures topped the investment charts in seed-stage startups, Sequoia Capital and Accel ranked highest in the early-stage startups funding standing. Sofina and DST Global are the leading late-stage institutional investors, the ATracxn report mentioned.