Article content In addition, a regulatory clampdown by China on its technology firms is spurring some foreign investors to turn to the world’s second-most populous nation instead, analysts said. The fundraising boom in India by companies, ranging from an e-commerce platform to a food delivery app operator, comes even as country’s economic rebound, already weakened in recent months, faces risk from coronavirus variants. In private equity capital deals, which include placements and pre-IPO funding rounds, $22 billion has been raised so far this year, according to Pitchbook data, putting India on track to exceed 2020’s record of $37 billion. Of the amount raised in 2021, foreigners invested $13.21 billion in the first half of this year – the most ever – compared with $4.99 billion in the same period last year, separate Refinitiv data showed.