Business Standard

Monday, December 23, 2024 | 11:13 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Early-round funding in startups almost doubles in 2 yrs; Chinese lead

The push is coming from the fact that there are far more established entrepreneurs in India today hitting the next venture button then five years ago

investment,saving, money, retirement, rupee
Premium

Pavan Lall
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
Topics : Startups

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in