With a tremendous inflow of capital, the Indian Startup ecosystem is growing rapidly. In the first eight months of 2021, Indian startups raised $26 Billion in funding, hitting an all-time high.

The startup ecosystem in Delhi-NCR registered a strong capital infusion in the same period and raised $6.7 Billion across 270 funding deals. This amount is three times ($2.2 Bn across 162 deals) the funding Delhi-NCR startups raised in the same period last year.

In the same period (first eight months of 2021), the Bengaluru startup ecosystem received $14 Bn in total funding across 352 deals.

Delhi-NCR Startup Ecosystem

July witnessed the highest capital inflow in Delhi-NCR startups, with nine mega funding rounds of $100 Mn and above in startups, including OYO, Pine Labs, and Zomato.

Fintech startups witnessed the highest number of funding deals (48 deals) in the Delhi-NCR area, with Pine Labs, BharatPe, OfBusiness being the biggest deals in the fintech segment. The fintech space was followed by eCommerce and edtech with 45 and 32 deals, respectively. Startups such as Lenskart, Spinny and Droom led the funding deals in the eCommerce sector.

This year also marked the entry of several startups from Delhi-NCR in the coveted unicorn club, including Moglix, Urban Company, Grofers, Droom, Innovaccer, OfBusiness, and BharatPe. Investors are bullish on the Indian Startup ecosystem, and in July alone, investments by private equity and venture capital funds reached $9.5 billion.

Earlier, Vivek Soni (EY Partner) stated that the positive response to Zomato IPO has acted as a catalyst. And because of this, almost all the leading eCommerce companies are now raising capital from investors (who are keen) and are making bolt-on acquisitions to bulk up before hitting the capital markets.

Need legal assistance for your startup? Just contact us.

Follow us and connect with us on Instagram, Facebook, Twitter and LinkedIn.