The first quarter of 2016 has been tough but not all grim for India’s start-up market. Start-ups across sectors continued to attract early and growth capital, even staging a small recovery from the slump reported in the previous quarter in terms of overall capital raised. Data compiled by London-based Preqin puts the total value of venture capital deals concluded during the January-March quarter at $1.6 billion, up 47% from the fourth quarter of 2015.
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