Kunal Shah: #1 angel investor
FY2022 was a bumper fiscal year for Indian startups with early-stage funding accounting for 74.1 percent (1,210 deals) of the total deal count, while their value of nearly $4.41 billion accounted for 11.5 percent of the total funding inflow.
Hello Readers,
FY2022 was a record year for the Indian startup ecosystem, which saw an investment inflow of $38.3 billion across 1,633 deals.
While late-stage startups got the most chunk of the funding, early-stage deals accounted for 74.1 percent (1,210 deals) of the total deal count. Their value of nearly $4.41 billion was a nearly 40 percent growth as compared to the previous fiscal.
The last fiscal saw a healthy mix of venture capital funds and angels participating actively in early-stage deals.
The most number of angel investments came from Founder Kunal Shah, who made 58 deals of the total of 814 Pre-Series A deals – accounting for 7.14 percent of the overall number of Pre-Series A deals.
Out of the total deals, Pre-Series A deals accounted for 49.85 percent of the number of deals, valuing over $1.1 billion (2.89 percent of the total value).
Read the complete analysis here.
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Now Director, Information Technology, Issuer and Output Solution Group, , Padmapriya R believes the right mentors and an ecosystem of support are important for women to overcome challenges. Read more.
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Credit: YourStory Design
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