India Deal Review: Startup fundraising drops 25% to $866m in Feb, deal volume falls too

India Deal Review: Startup fundraising drops 25% to $866m in Feb, deal volume falls too

The Red Fort in New Delhi. Photo by Pixabay

Indian startups continued to see gloomy days as they were able to raise only $866 million in funding from private equity (PE) and venture capital (VC) investors in February compared with $1.15 billion in January, according to proprietary data compiled by DealStreetAsia.

Edited by: Joymitra Rai

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