look news india
Mumbai: Startup companies in India have raised $6.30 billion through venture capital (VC) during the January-July period of the current year. This amount was raised through 672 deals.
The amount raised by startups through VC is 43 percent higher this year compared to the first seven months of 2023.
While the global investment climate remains cautious, investor confidence in India is rising, as can be seen from the funding in startups.
According to a research firm report, the volume of VC deals globally has increased by 1.20 percent. In India, between January and July last year, $4.40 billion was raised through 664 VC deals.
There is no dearth of funds for emerging startups in the country. During January to July in the current year, India's share in total VC deals globally has been 7 percent while funding has been 4.30 percent.