Date: 25 Aug, 2023
Total No of Deals Funded – 71
Total Investment across the Deals- INR 3,248 Cr ($ 406.3 million)
Funding Pattern from January 2023 till July 2023
Amount in USD Mn Top Investments of July 2023
Other notable deals this month included Genleap’s $50 million funding round and KaarTech’s deal of $53 million round in Course5Intelligence, $50 million in SafeSecurity and $45 million in Capillary Technologies.
Stage-wise Deal Analysis
Amount in USD MN
The investor preferred to bet on the late stage deals with already having a good traction, rather than investing in seed stage deals. Here Seed Stage is defined for Pre-Revenue, Seed and Angel round deals, Early Stage is defined as Pre-Series A, Series A & Series B startups and Late Stage is defined as Series B and above deals
Top 5 Sector-wise Analysis
Amount in USD MN
Fintech emerged as the most favourites sector for the investors including Lending Tech and Insur-Tech, followed by Mobility.
In July, the highest investment was done from Delhi NCR region participating in 24 deals, followed by Bangalore with 22 deals and Mumbai with 8 deals. Other cities include Surat, Pune, Chennai, Ahmedabad, Bhubaneswar and others participated in total of 17 deals.
Angel Tax on Non-Resident Investments
Introduction of the Corporate Debt Market Development Fund
Issue of units in dematerialized form
For More Details Read Here.
While the Indian startup ecosystem has progressed significantly over the last decade, there are still issues that must be addressed. One of the most significant difficulties for entrepreneurs in India is a dearth of early-stage investment, which makes it difficult for firms to get off the ground. While overall the funding environment continues to witness slowdown, some of the active VC Funds in India have raised new capital in the past year and we can expect the pace of investments to pick up over the next couple of quarters. In the interim, we continue to see increased focus on due diligence prior to investments to ensure that the start-ups have a robust corporate governance framework. There is also a scarcity of experienced mentors and advisors, which can make navigating the complex world of entrepreneurship challenging for companies. Despite the obstacles, India's startup ecosystem is primed for further expansion and success in the future years. India is well-positioned to become one of the world's leading startup hotspots, with a supportive government, a rising pool of talent, and a culture that celebrates entrepreneurship.
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Date: 02 Dec, 2023