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Indian startups receive $10.14 billion in funding in 2020; Zomato, Byju s lead
Even though the total investment received in 2020 is lower than that of 2019 ($14.5 billion), the number of deals were higher by 20 percent, the report said
PTI | January 27, 2021 | Updated 12:33 IST
The report said Bengaluru, Delhi NCR and Mumbai accounted for 90 percent of the startup investments in the country, signalling concentration of angel investors and appetite in these regions
Indian startups are estimated to have received $10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said. Even though the total investment received in 2020 is lower than that of 2019 ($14.5 billion), the number of deals were higher by 20 percent, the report said. ....

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