NEW DELHI: Indian startups are estimated to have raised $38.3 billion in investment in 2018, at the back of most effective america and China, a file via Yostartups said on Thursday.
Flipkart's $16 billion maintain American store Walmart accounted for the biggest piece of the pie, adopted via Swiggy elevating about $1.3 billion over three deals, and OYO picking up $1 billion in 2018, the file said.
Other large investment deals integrated the ones via Paytm Mall ($895 million), ReNew Power ($495 million), Byju's ($422 million) and Zomato ($410 million).
Around 1,000 deals were signed via Indian startups in 2018 with areas like e-commerce, fintech, sustainability and renewable energy, transportation and logistics, well being and wellness, and trip and tourism attracting the highest investments, it added.
"There has been a meteoric rise of startup funding for Indian startups. Asia has emerged as a key contender for startups globally, beating the Americas and Europe. In 2018, startups in Asia raised $172 billion, compared to $162.9 billion in Americas and $46.2 billion in Europe," Yostartups CEO Jappreet Sethi said.
Globally, about 14,300 investment deals were struck via startups in 2018, elevating over $400 billion, an building up of more than 23 in keeping with cent from the former year, the file said.
It added that over 3,700 seed investment deals (totalling $6.9 billion) were struck, while 7,357 mission investment deals – starting from sequence A to Series I – were signed in 2018 to boost $217.9 billion.
Flipkart's $16 billion maintain American store Walmart accounted for the biggest piece of the pie, adopted via Swiggy elevating about $1.3 billion over three deals, and OYO picking up $1 billion in 2018, the file said.
Other large investment deals integrated the ones via Paytm Mall ($895 million), ReNew Power ($495 million), Byju's ($422 million) and Zomato ($410 million).
Around 1,000 deals were signed via Indian startups in 2018 with areas like e-commerce, fintech, sustainability and renewable energy, transportation and logistics, well being and wellness, and trip and tourism attracting the highest investments, it added.
"There has been a meteoric rise of startup funding for Indian startups. Asia has emerged as a key contender for startups globally, beating the Americas and Europe. In 2018, startups in Asia raised $172 billion, compared to $162.9 billion in Americas and $46.2 billion in Europe," Yostartups CEO Jappreet Sethi said.
Globally, about 14,300 investment deals were struck via startups in 2018, elevating over $400 billion, an building up of more than 23 in keeping with cent from the former year, the file said.
It added that over 3,700 seed investment deals (totalling $6.9 billion) were struck, while 7,357 mission investment deals – starting from sequence A to Series I – were signed in 2018 to boost $217.9 billion.
Indian startups raise $38.3 billion funding in 2018: Report
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January 03, 2019
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