India managed to account for 18.4% and 14.1% of the region’s total deal volume and value
Indian startups raised nearly $10B VC funding over H1 2021. Source: pexels.com
GlobalData has found that Indian startups followed Chinese counterparts in terms of VC funding activity among the APAC countries during the H1 of 2021.
In fact, a total of 635 VC funding deals were announced in India during the period while the corresponding disclosed funding value of these deals stood at $9.7 billion.
An analysis of GlobalData’s Financial Deals Database reveals that VC funding activity in June 2021 witnessed the rise, compared with January 2021. Nevertheless, the months in between showcased a fluctuating activity.
Most of the months during H1 2021, except May, experienced growth in deal value while February and May were the two months that experienced a decline in deal volume.
Despite the fluctuating activity, India managed to account for 18.4% and 14.1% of the region’s total deal volume and value, respectively, during January-June 2021.
We’ve reported that Visa launched new debit and credit cards in Bangladesh.
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