Indian startups mobilise almost $8 Billion VC funding between January and May
This is 93% of what the startups raised in the whole of the calendar year 2020
A total of 499 VC funding deals were announced in India during the period
Notable VC funding deals were raised by Mohalla Tech, Zomato, Dream 11, Dream Sports and Swiggy
In 2020, out of 1,128 VC funding deals announced, the total disclosed amount raised was $8.7 billion
Indian startups are only behind Chinese startups in terms of amassing VC funding
Towards May, VC funding activity witnessed a decline in India
Despite the second wave of the pandemic, VC investors are keen to place a bet on the Indian startup segment
