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