Fundraising by Indian startups hits five-quarter peak in Q1

Jaipur, India. Photo by Annie Spratt on Unsplash

Indian startups raised $4.68 billion across 257 deals in the first quarter of 2021 to touch a five-quarter high, according to DealStreetAsia’s latest report.

According to India Deal Review: Q1 2021, total deal value in Q1 rose 52% while deal count rose 6% as mega-deals took the lion’s share of the capital raised during the quarter.

Bring stories like this into your inbox every day.

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