Indian start-ups’ investments spike 322% in July

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The Hindu BusinessLine August 3, 2020

A positive picture that has emerged is that investments in the Indian start-up ecosystem surged 322 per cent in July year-on-year. According to data from Tracxn (a firm that tracks investments and financials of private companies and start-ups), they rose to $5.61 billion last month, against $1.33 billion in July 2019. 

The top-funded sectors include telecom ($4,854 million), enterprise infrastructure ($236.2 million), ed-tech ($164.95 million), real estate- and construction-tech ($78.1 million), retail ($57.42 million) and media and entertainment ($53.90 million)

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