According to data analytics firm Venture Intelligence, there were 107 funding deals this year, almost at par with last year’s figure of 117 deals, for investments within $1 million. The top deals in this category were raised by Bengaluru-based self-publishing platform Pratilipi which raised $925,000 in seed funding from Nexus Venture Partners,and others, this June. The trend changed as the deal size increased. For instance, funding rounds between $1 million and $10 million saw a drop from 205 deals last year to 170 deals this year. The big ticket funding rounds of more than $10 million saw only 56 funding rounds this year, compared to last year’s 93.
Venture Intelligence is India’s longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.
