Seven startups accounted for half of the overall fundraising in India in Q1

Seven startups accounted for half of the overall fundraising in India in Q1

Photo: rupixen.com / Unsplash.com

Indian startups raised $3.36 billion from 245 venture transactions in the first quarter of 2023. Of the total fundraising, 51%, or $1.72 billion, was accounted for by just seven startups that sealed nine megadeals, according to the India Deal Review: Q1 2023 report by DealStreetAsia DATA VANTAGE.

Edited by: Pramod Mathew

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