News roundup: Top startup stories of the week

Private Capital

03 Oct 2020

This week, the startup ecosystem was buzzing with a lot of new developments. Here are the top startup stories of the week:

Indian startups have raised $63 billion during 2016-20, making it the world’s 3rd largest tech startup hub says a report by Praxis Global Alliance and IVCA. During 2019, $34 billion was invested in the Indian ecosystem with an additional $17 billion invested in 2020 as of May. Tech-enabled players continue to drive investor’s interests and have dominated the early-stage funding landscape in India. This phase has also seen the emergence of 27 Indian unicorns.

The full article was originally published on CNBC TV18.

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