Startups end FY21 on a high note as fund flows top in Q4

Startups end FY21 on a high note as fund flows top in Q4
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Synopsis
Startup funding in Q4 FY21 stood at $3.65 billion, a tenth higher than the year-ago period when fundraising stood at $3.22 billion. The surge was led by unicorns Byju's, Dream11, Udaan and Zomato.
ETtech
The buoyancy in the last quarter of the fiscal contrasts sharply with the decline in annual risk capital inflow during a year hit hard by the pandemic. (Illustration: Rahul Awasthi/ETtech)
Bengaluru: A series of large financing rounds for some of India’s best-known startups has propelled the flow of risk capital into the sector to a high of $3.65 billion in the final quarter of 2020-21, marking an increase by over a tenth from the same period last year when funding had touched $3.22 billion, data sourced by ET shows.

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