Good news! The Bengal tiger is roaring!
"An early look into India’s rapidly expanding venture capital market indicates that the country could set fresh records in Q3. The India-China rivalry that we see in so many spheres now has a startup angle as well. ..."
"... That none of those numbers really surprised you is indicative of how active the Indian startup ecosystem has become. It seems that every day TechCrunch covers yet another new unicorn from the country, or at least a tidy nine-figure round as a consolation prize. ...
Regardless, with both $6.3 billion and $6.8 billion numbers for Indian venture capital fundraising in Q2, we have a good base to compare against for Q3. Which, per PitchBook data, includes more rounds and far more capital. Indeed, Indian startups have raised $17.23 billion, PitchBook reports, across some 459 deals in the third quarter. ..."
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