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April brings funding cheer to Indian startups

Money Control  

The Indian startup ecosystem recorded 10 late-stage funding deals in April, over four deals in the year-ago period, data from analytics firm Venture Intelligence showed. The amount of funding in the stage also almost quadrupled to $410 million from $109 million in April last year.In addition, growth stage deals that plummeted over the last year have also flourished in April. In 19 deals, startups raised $159 million in private equity and venture capital funding in April, compared to $62 million in eight deals in the same month of 2023.