Latest startup funding report of 2019; Ola's ride to profitability

According to YourStory Research, the research arm of YourStory Media, homegrown Indian startups raised $7.67 billion in the first nine months of this year.

1st Nov 2019
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This year, there were a lot of hurdles for the Indian startup ecosystem. From the uncertainty of the General Elections to regulatory roadblocks and an economic slowdown, we went through a lot. But, the good news is that these factors did not lead to a drying up in funding.


According to YourStory Research, the research arm of YourStory Media, homegrown Indian startups raised $7.67 billion in the nine months ended September 30, 2019, down slightly by around four percent from $8 billion in the same period in 2018. When it came to the number of deals, funding deals between January and September 2019 were just three deals short from the same period last year.

You can download the YourStory Research's report on nine-month 2019 funding trends in the Indian startup ecosystem here.

Funding Report



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ShareChat got zero revenue from its 60 million users in FY19

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The parent company of ShareChat, Mohalla Tech Private Ltd, posted a loss of Rs 415 crore in FY19, 12 times more than the loss amount of Rs 33.8 crore in FY 18. The increase in loss comes on the backdrop of an increase in revenue of Rs 25.8 crore in the same financial year compared to the paltry revenue of Rs 1.7 crore in FY18.



This teen changemaker spreads awareness about organ donation

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