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Growth Stage Investments Hit A Record $1 Bn In January-june

by livemint.com posted 2weeks ago 10 views
Growth stage investments in Indian startups set a record by breaching the billion-dollar mark in the first half of this year, as new investors doubled down on Series B and C rounds, generally considered the growth stage for startups. The startups have raised a total of $1.17 billion in the first six months of 2019, rising from $994 million in the same period last year, and a 47% surge from $616 million in 2017, according to data from Venture Intelligence, a startup data tracker.

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