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Jan to Sep VC investments down nearly 17 per cent YoY to $6.5 billion

Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million

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Education topped the table with nearly $1.755 billion as against $379 million last year.

T E Narasimhan Chennai
Venture Capital investments dropped by around 17 per cent during January to September 2020 to $6.5 billion from $7.9 billion, last year. The funding was led by education, real estate and fintech. Investors say investment activity will increase in the coming months as Covid-19 has opened several new and first time opportunities for startups with fast changing consumer habits. Fintech, edtech and consumer driven startups are likely to raise more funds and grow faster.

Venture Intelligence data shows, with nearly $1 billion fund raise, Byjus Classes topped the table in 2020. The company raised the money in four tranches from

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First Published: Oct 27 2020 | 11:55 AM IST

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