Start-ups have seen the size of early-stage funding rounds almost double in the past two years because of increased foreign capital in the system, growing traction of established entrepreneurs, and evolved technology being used across sectors to grow companies faster, bigger and better.
Roopa Kudva, managing director with impact investor Omidyar Network India, says there are a lot more Chinese funds chasing companies today. That includes Fosun RZ Capital, CDH Investments, GGV Capital, Tencent Shunwei Capital, and Morningside Venture Capital.
According to market research by Tracxn, which tracks start-ups and funding, India saw investments of about $1.31 billion till November in calendar