India Deal Review: Startup funding jumps 30% in Feb led by logitech, financial services

Photo: Pixabay

Funding activity gained momentum in February, the shortest month of the year, as Indian startups raked in $1.3 billion on the back of heightened deal-making in the logistics/distribution and financial services sectors.

The funding uptick in the two sectors has been largely on account of growth in the e-commerce sector as more and more consumers order online in the wake of the global healthcare crisis.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter