yourstory.com – Angel and venture capital funding in India has hit its highest ever mark. Over $3.5 billion has been poured across 380 disclosed deals in the first of half of 2015. The deals in the first half of this year have surpassed the number of startup deals in 2014.
We are looking at an unprecedented access capital flowing for the mobile-focused Indian Internet startups. According to data compiled by YourStory, startups had raised $1.7 billion in Q1 2015 alone. The number of deals in Q2 2015 has increase by 50% from the previous quarter. In the past two quarters, the ecosystem has attracted savvy investors of the world from Softbank to DST Global. The Indian ecosystem has matured and the promise of an Internet revolution is real – not just multi-billion dollar valuations but also a billion dollar GMV is being built out of India.
Read more about the Indian fundings at yourstory.com