India may be faced with an uncertain economic environment after being ravaged by a deadly second wave of the COVID-19 pandemic, but that hasn’t deterred global and domestic investors from ramping up the pace and quantum of their investments into the Indian startup ecosystem.
According to January-May 2021 funding data analysed by YourStory Research, Indian startup funding is on track for a record year.
Startup investments in the first five months of this year alone (January-May 2021) have already touched a record high for this period at $8.76 billion, YourStory Research data show. That’s about 80 percent higher than the $4.85 billion raised in the first half of last year (January-June 2020).
Edited by Tenzin Pema
Link : https://yourstory.com/2021/06/indian-startup-funding-set-for-record-highs-first-half-2021
Author :- Tenzin Pema ( )
June 14, 2021 at 06:00AM
YourStory