Indian startups grow despite covid

Indian startups received $16.9 bn of venture capital funding in 2021

Next to Chinese counterparts in the Asia-Pacific countries

The analysis was done by leading data and analytics company GlobalData

828 VC funding deals were announced from January to July 2021

The total disclosed funding value stood at $16.9 billion

Some of the notable VC deals include $3.6 bn raised by Flipkart and $502 mn by Mohalla Tech

Looks like VC investors believe in the Indian startup ecosystem despite the looming Covid third wave

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