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Funding for early-stage start-ups dries as unicorns raise big amounts

Of the total $10 billion invested in 2017, the highest so far, only a meagre $206 million went to seed- and angle-stage deals, according to a new report by CB Insights

Flipkart
Earlier this year, US retail giant Walmart acquired 77 per cent in Flipkart for $17 billion

Start-up companies that valued at over $1 billion are gobbling up most of the capital that are flowing into the segment in India as cautious investors are seen chasing mature companies, leaving the leftover for early-stage firms. Of the total $10 billion invested in 2017, the highest so far, only a meagre $206 million went to seed- and angle-stage deals, according to a new report by CB Insights, a top corporate data firm headquartered in the US.  The trend is no different in the ongoing calendar, going by a recent Nasscom report, when early or seed funding was just a ...