Venture capital firms infused a total of $17.2 billion investment into the Indian startup ecosystem during January-July 2021.: Venture capital firms infused a total of USD 17.2 billion investment into the Indian startup ecosystem during January-July 2021, according to data released by the Indian Private Equity and Venture Capital Association (IVCA) and Venture Intelligence (VI). This is much higher than the USD 11.1 billion and USD 13 billion investments made by VCs in 2020 and 2019, respectively. VC funding included seed to series F investments in companies less than 10 years old, and late stage tech investments.