Funding in the Indian startup ecosystem in 2019 (and other top stories of the day)

According to YourStory Research, funding in the startup ecosystem in 2019 saw a marginal fall of just 2.4 percent when compared to 2018.

Tuesday January 07, 2020 , 3 min Read

Money lies at the heart of any business. And, for startups, funding is everything!

2019 was a year fraught with many political and economic events, several regulatory challenges, and an unfavourable taxation system. But the Indian startup ecosystem showed great tenacity despite these deterrents.

According to YourStory Research, funding in the startup ecosystem in 2019 saw a marginal fall of just 2.4 percent when compared to 2018. Indian startups raised $11.1 billion across 830 deals. The total funding raised in 2018 was $11.38 billion.

All through the year, despite the economic slowdown, the startup ecosystem maintained its momentum of raising funds, bucking the trend of the overall macro-economy.

Read our detailed analysis of the funding activity of the Indian ecosystem, here.

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