Who's Talking About Our Reports?
"Ecommerce, transport tech and fintech were the highest funded sectors in the first quarter of 2019"
As Indian tech startups raised a total of $3.4 Bn funding in the first quarter of 2019, here are a few highlights from Indian Tech Startup Funding Report – Q1 2019:
- $60.8 Mn total funding bagged by Seed stage startups in the first quarter of 2019
- Ecommerce was crowned as the fastest growing sector raking in $958 Mn
- A total of 34 Mergers & Acquisitions were reported in Q1 2019, a surge of 10% compared to Q4 (2018)
- With a deal count of 12, Sequoia emerges as the most active venture capitalist for Q1 2019
The role of companies such as Inc42 will be most critical in helping us all come together and understand the many points of progress and pending issues alike. Reports such as this one help us all study, at different levels of granularity, how much is happening in this vibrant and dynamic ecosystem. I am very happy to witness good work like this, and I am sure this report will help all ecosystem stakeholders add additional dimensionality to their analysis and decision making for 2018.
It was a great forum with lots of learning, both from the start-up founders and also from other vested partners in the ecosystem like investors and govt officials. Particularly liked couple of sessions, especially the fireside chat with Deep Kalra, Bull & Bear VC session and Rise of Soonicorns.