Annual investments into startups increase to $36 billion: DPIIT Secretary
NEW DELHI: Investors are taking huge interest in the country’s startup ecosystem and in the last one year, annual fundings into startups have increased from USD 11 billion to USD 36 billion, a top government official said on Saturday. Anurag Jain, Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), said the […]
Indian startups raise USD 16.9 billion VC funding in 2021, next only to China
NEW DELHI: Indian startups got USD 16.9 billion of venture capital funding in 2021, next only to Chinese counterparts in the Asia-Pacific (APAC) countries, GlobalData said Friday. “Despite the third wave of COVID-19 pandemic looming large and slow economic recovery, venture capital (VC) investors seem to be reposing faith in the Indian startup ecosystem. In […]