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Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year

The decade has seen an impressive 25x growth in terms of the total funding raised by the startups.

Topics
Indian startups | Start-up funding | BigBasket

Peerzada Abrar  |  Bengaluru 

As the decade is coming to an end, it has seen an impressive 25x growth from a tiny $550 million in 2010 to $14.5 billion in 2019 in terms of the total funding raised by the start-ups. This year start-ups raised $14.5 billion in 1185 funding rounds out of which 459 were Series A and late-stage investments, according to the ‘India Tech Annual Factsheet - 2019’ compiled by data analytics firm Tracxn.

This is a significant jump from $10.5 billion raised by young ventures in 2018 and $10.4 billion in 2017. There are 24 ‘unicorns’ or startups valued at more than ...

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First Published: Fri, December 27 2019. 03:05 IST
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