Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.
In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.
Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.
"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.
With an average of $21 million, the ticket size value of funding increased by 15% in 2019.
Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.
"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.
According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.
"Nevertheless, the investment activity is expected to rise in 2021," said the report.
The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.
With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.
The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.
The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.
Comments
Ha ha naren ....
Dear nothing happened...people are cool ...if khujlee...the majority of Indians are your brothers......Bhai relax.....no fools will burn notes till the last moment.......tax officials and auditors are giving plans to escape....burning is Bjps naatak...anyhow RSS was informed before and the changed Chaddeez to Pants with the black money they had......because khujlee was not....
hahaha faizhal bhai ... black money yella settle ment jora ? ... burnol business jora ? itch guard business thumba joranthe howda ...
looks like it is counterfiet currency , so they burnt , behind we can make out which area is that ... hahaha ... this area is dominted by one particular community ... so this type of things are expected as they got frustrated ... papa ISI handlers are at loss ...
Foolish BJP people just want to show public....see people started throwing away black money...ha ha....they are good in fooling their bhakts who are having the jai jai mantra..
Foolish people .... why to burn the currency .... Deposit 2 laks in each persons account and make it white .... Each family of 5 members can help to convert 10 laks black money in to white .... Instead of burning, donate to the poor people / relatives and advice them to deposit in their bank accounts .... 2 laks per person .... in this way, your headache is gone ... Indians got white funds and poor people / relatives are benefited .... So many benefits with one master stoke ... Naren, Bupa, kaisa hai idea ....
Should have distributed amongst poor people around....
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