Startup funding falls 25%, number of deals also down 17% in Q1 2019; Binny Bansal top angel investor
1 April 2019 6:30 PM GMT
The number of deals or rounds has also seen a descend by around 17 per cent from 224 rounds in October-December CY 2018 to 187 rounds in the last quarter. Delhivery, Ola, Bigbasket, OYO, CarDekho etc., raised among the largest rounds in the first three months of 2019.
- Startup funding falls 25%, number of deals also down 17% in Q1 2019; Binny Bansal top angel investor
- The funding drop is also visible across stages of funding - early, mid, and late stages between the last quarter and Q4 2018.
- The first quarter of the calendar year (CY) 2019 has seen a drop in startup investments vis-a-vis Q4 CY 2018.
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