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Indian tech startups raise $6 billion in April-June quarter, Fintech rules

Number of deals dropped by 17% sequentially, more than half were larger than $100 million each

Photo: Unsplash/Markus Winkler
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Photo: Unsplash/Markus Winkler

Sourabh Lele New Delhi
Sixteen large-ticket deals helped generate a total funding of $6 billion in the last quarter, as the number of deals dropped by 17 per cent quarter on quarter, according to the Quarterly Investment Factbook Tech Startups  by Nasscon and PGA Labs.

Q2CY22

Funding: $6-bn

Deal Volume: 204 (dropped 17% than Q1 CY22)

Unicorns: 4

Top Funded vertical: Fintech: 26% total funding

Most funded stage: Growth - 58% of total funding

FinTech has emerged as the top funded vertical, followed by Media & Entertainment. The two sectors attracted 45 per cent of total funding by value, led by large ticket

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