Indian startup funding on track for a record 2021

Indian startup funding is on track to hit record highs in H1 2021 and exceed 2020 levels, according to YourStory Research. Startup investments in Jan-May 2021 is at $8.76 billion, which is up 80 pct from H1 2020 levels and makes up nearly 81 pct of the total $9.94 billion raised in 2020.

Tenzin Pema

Meha Agarwal

Naga Nagaraju

Monday June 14, 2021 , 5 min Read

India may be faced with an uncertain economic environment after being ravaged by a deadly second wave of the COVID-19 pandemic, but that hasn’t deterred global and domestic investors from ramping up the pace and quantum of their investments into the Indian startup ecosystem.

According to January-May 2021 funding data analysed by YourStory Research, Indian startup funding is on track for a record year.

Startup investments in the first five months of this year alone (January-May 2021) have already touched a record high for this period at $8.76 billion, YourStory Research data show. That’s about 80 percent higher than the $4.85 billion raised in the first half of last year (January-June 2020).

Advertise with us