According to recent reports, Indian startups have contributed to this growth with a massive $10 billion in funding in October. India’s Startup: This Time Last Year-Last year at the same time, the startups completed 1,837 rounds, raising only 8.8 billion dollar. In 2023, the funding hit its lowest in five years after breaking records in 2021 with 42 billion dollar and around 24 billion dollar in 2022. Zepto played its part with a 340 million dollar Series G round, following its 665 million dollar Series F raised earlier this year. Major funding rounds in August and September included a334 million dollar Series E for DMI Finance,210 million dollar Series B for Physics Wallah,125 million dollar Series E for Whatfix.

Source: News 24 November 13, 2024 18:22 UTC