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Indian tech startups raised $14.5 billion in financing in 2019, according to market research firm Traxn. The results exceeded $10.6 billion in 2018, a record high.
In 2019, Indian tech startups conducted 1,185 financing rounds and 817 investors participated. Of these, 459 were rounds after Series A. According to a report by Innoven Capital, early start-ups raised $6.9 billion in the 2019 Angel Round and pre-Series A financing rounds, surpassing $3.3 billion last year.
The number of initial startups’ financing this year increased by 22% compared to the previous year. The average investment per site was $2.6 million, a 15% increase from 2018. Also, between $25 million and $100 million, 81 cases increased from 56 cases in 2018 and 36 cases in 2017. 26 cases over $100 million. It also surpassed 17 cases in 2018 and 9 cases in 2017.
In 2019, in India, 128 startups were acquired, 4 companies were listed, and 9 were listed on Unicorn. In 2019, Indian tech startups also attracted record foreign investment. Thanks to this, capital flow to the ecosystem has increased significantly since 2016, when the financing of tech startups in India was only $4.3 billion. Indian startups raised $10.4 billion in 2017, according to Traxon. Start-up financing is a little further back in 2010, showing a remarkable growth of more than 25 times from $550 million in 2010 to $14.5 billion in 2019.
In 2014 and 2015, Indian startups mainly focused on developing e-commerce solutions and bringing successful ideas from overseas markets such as Europe. However, they are now looking for opportunities in various fields and are also challenging the world’s first solution development. Interest in Indian tech startups is increasing.
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