Investors Say Indian Startup Funding Could Get Even Hotter After Record Q3

Investors Say Indian Startup Funding Could Get Even Hotter After Record Q3

Any Daily Crunch email reader is aware of how frequently Indian startups appear in our coverage of developing technology businesses throughout the world. As the Chinese venture capital sector changes in the face of shifting regulatory environments, the country’s importance may have risen as well. More good times are on the way, thanks to tailwinds and early-stage activities.

Several Indian firms have recently gone public or have begun the process of going public. Those exits have proven to be more than just valuable for recycling money into the Indian market; they have also demonstrated to foreign investors of all stages that Indian firms can go from seed to redwood.

The upshot of a protracted climb in venture capital activity since the COVID-19-induced lows in early 2020 is a crazy Indian startup market. Even for 2021, the country’s venture capital statistics remains startling.

The Exchange spoke with GV Ravishankar, a managing director at Sequoia India, and Kunal Bajaj, head of Capital Network at Blume Ventures, to get a sense of what is going on in the nation.

What is the current state of the Indian market? India is “undeniably going through one of the finest eras for startups in terms of their capacity to get capital on a continual basis,” according to Ravishankar.

The venture capitalists helped us understand what’s driving Indian companies to not only create new records in terms of money raised, but also to accelerate previous gains to levels we won’t see again for a long time once the current business supercycle ends.

New records for India’s startup market

When the third quarter’s venture capital data arrived, The Exchange set to work analyzing hundreds of data points. In terms of filling in holes in our market understanding, diving into fresh quarterly data is nearly as useful as diving into a brand new S-1 filing.

Nevertheless, it a rare graphic that makes us say aloud, “Wait, what!” In the case of CB Insights’ Indian data set on quarterly venture totals over time, this was the case.