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Indian startups have raised more money in 2019 than in any previous years

R Sinduja

News Editor
Image Credit: shortpedia

Despite the slowdown in the economy, venture capitalists are betting on Indian startups. Indian startups have already raised a record $11.3 billion in 2019, which is higher than any previous year. With 2 months left in 2019, this number could rise furthermore by the time the year draws to a close. Consumer-facing startups raised $8.2 bn, retail startups raised $2.3 bn & startups that offered enterprise services raised $1.5 bn.