Over $5 billion were invested in Indian startups in 2014 across 300+ deals
For a startup, funding is like rocket fuel. It is not a prerequisite for a startup to grow but it helps to make the journey easier and quicker. The Indian ecosystem is growing by leaps and bounds and we're at a stage where there are numerous growth stage technology product companies. Flipkart has created ripples throughout the world and has paved the way for many Indian startups to dream big. In 2014, we tracked 304 deals out of which 229 had amounts disclosed totalling to a sum of $5.2 billion.
Classifying companies according to angel, seed, Series A, etc is not uniform since a seed for company is a series A for someone else. To avoid this confusion, we classified the deals according to slabs. Here is how the split looks like:
Bangalore continues to be the technology hub. For funding, investors tend to prefer having companies in the same region and since most of the VCs are in Bangalore, New Delhi and Mumbai, the funded companies tend to be in these cities as well. Here is a representation of where the companies funded in 2014 are headquartered:
Following is the complete list of companies that got funded along with the investor. And we're always asked for the raw data when we publish the funding digest analysis and hence, this time, we've put it out on Instamojo. Buy your copy here.
Need the full data for your own analysis? You can get it here.