Are Series A rounds in India that elusive?

Every now and then, a press release turns up in my inbox from a start-up to announce its pre-Series A funding round. It’s been happening more frequently in the past six months. The term is a misnomer. If you read between the lines, what the start-up is actually saying is that it went out into the market to raise a Series A round, but was only able to close a seed or at best, a bridge funding round.