CHENNAI: The startup scene is seeing the return of the good days of 2015. Investments in July 2018 reached $2.42 billion, which is just about equal to the numbers of July 2015 when a file $2.79 billion used to be committed. The current investment figures are substantially upper than the deals made during July in 2016 and 2017, which saw $878 million and $1.5 billion being committed respectively, data from research firm Venture Intelligence showed.
The deal sizes are, alternatively, upper this year in comparison to 2015. While the total investment in July 2018 is
13% lower than in 2015, the cash used to be pooled in via 53 PE/VC investments this year, in comparison to 84 investments in 2015. Arun Natarajan, founder, Venture Intelligence, mentioned that while 2015 saw investments in e-commerce corporations comparable to Flipkart, there were fewer early-stage deals.
“This year, we saw startups comparable to Curefit, Swiggy, PolicyBazaar rake in collection E & F deals, while 2015 saw some passion in earlystage startups in the hyperlocal space,” he mentioned.
“Startups which were relatively early-stage enterprises in 2015 that stood the check of time in 2016 and 2017 are now attracting traders. While Freshworks is a winner in the B2B space, PolicyBazaar, BookMyShow are attracting attention in the consumer-facing phase,” Natarajan mentioned.
Investors comparable to Blume Ventures mentioned that investment most commonly got here into newly-formed unicorns which have been showing steady revenues and traction.
The deal sizes are, alternatively, upper this year in comparison to 2015. While the total investment in July 2018 is
13% lower than in 2015, the cash used to be pooled in via 53 PE/VC investments this year, in comparison to 84 investments in 2015. Arun Natarajan, founder, Venture Intelligence, mentioned that while 2015 saw investments in e-commerce corporations comparable to Flipkart, there were fewer early-stage deals.
“This year, we saw startups comparable to Curefit, Swiggy, PolicyBazaar rake in collection E & F deals, while 2015 saw some passion in earlystage startups in the hyperlocal space,” he mentioned.
“Startups which were relatively early-stage enterprises in 2015 that stood the check of time in 2016 and 2017 are now attracting traders. While Freshworks is a winner in the B2B space, PolicyBazaar, BookMyShow are attracting attention in the consumer-facing phase,” Natarajan mentioned.
Investors comparable to Blume Ventures mentioned that investment most commonly got here into newly-formed unicorns which have been showing steady revenues and traction.
Startup deals hit $2.4bn in July, like high of 2015
![Startup deals hit $2.4bn in July, like high of 2015]()
Reviewed by Kailash
on
August 15, 2018
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