Despite slowdown, Indian startup funding at all-time high: Stellaris' Ritesh Banglani

Despite slowdown, Indian startup funding at all-time high: Stellaris' Ritesh Banglani

Traffic in an Indian city. Photo: Pixabay

Despite a slowdown across sectors such as automobiles, consumer goods and metals, startup funding has reached an all-time high as investors are willing to infuse more funds enthused with startups who are scaling four to five times using the same amount of capital compared with a few years ago, said Ritesh Banglani, co-founder and managing partner at Stellaris Venture Partners, a $90 million early stage venture capital fund.

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