India Deal Review: Growth-stage deals boost fundraising to $1.6b in Nov

India Deal Review: Growth-stage deals boost fundraising to $1.6b in Nov

Photo: Pixabay

Buoyed by food delivery platform Swiggy’s $605-million pre-IPO round, fundraising by Indian startups surged nearly 48% month-on-month to touch $1.66 billion in November, according to proprietary data compiled by DealStreetAsia. Among the top grossers were the logistics/distribution, consumers products, and financial services industries.

Edited by: Joymitra Rai