Last updated on August 21st, 2016 at 03:35 pm
257 arrangements! $790.7 million uncovered funding in addition to millions of dollar undisclosed financing. India Angel Investors (IAN) the most dynamic investor in startup trailed by Sequoia Capital.
Indian Startup Funding Report [Industry-Wise]
An aggregate of 257 deals were made in Q1 2016 and the cities with greatest arrangements are underneath. Bangalore saw 69 deals while Delhi-NCR has been capped amongst all the cities with 76 numbers of new ventures in Q1 2016.
April saw 79 arrangements of startup funding in which Oyo capped with most astounding measure of financing which approx. $100 million was followed by Nestaway which gathered $30 million. Other new ventures that assembled most measure of financing included Hungama ($25 million), Vyomo ($15 million), Transerv ($15 million), 1mg ($15 million), Roposo ($15 million) and Jugnoo ($10 million) and so forth. The aggregate financing for the month was calculated to be $253 million plus undisclosed measure of funding for 41 new businesses.
May saw 79 deals of startup financing in which Fractal Analytics was crowned at number one with $100 million funding, followed by LensKart with $60 million. Other new ventures that collected funds included Mobikwik ($50 million), Capital Buoy ($25 million), Innonano ($18 million), Seclore ($12 million) and numerous others. The aggregate funding for the month of May for 79 new companies was $339.84 million along with undisclosed measure of financing for 28 startups.
June saw 99 arrangements of startup funding in which LendingKart ranked number one with the maximum financing of $32 million, taken after by MeruCabs with $25 million. Different new businesses to receive great financing included HelpShift ($23 million), Voonik ($20 million), StoreKing ($16 million), ClearTax ($12 million) and so forth. The aggregate funding for the month of June for 99 new businesses was $197.86 million or more undisclosed measure of financing for 43 startups.
The Q1 of 2016 saw 257 deals and the raised money was $790.7 million. The most dynamic financial specialists are Indian angel network (9), Sequoia (6), Blume (6), Kalaari (5) & SAIF (3).
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