Driven by late-stage deals, funding activity picks up for start-ups

Many new VC firms, which raised money in 2017, have started deploying

Things are warming up on the start-up street. Funding activity is picking up — last six months have seen a spurt in late-stage deals, early stage (pre-Series A and Series-A) funding is getting better, but raising money at the angel and seed stage remains a challenge. Founders are again getting multiple term sheets, says an investor.  

Madhukar Sinha, co-founder and partner at venture capital firm India Quotient, says the market is getting better at the Series-A, B, C levels, but the early-stage seed and angel is still lagging as the 2015 shock resulted in less company formation and lower deal