Startup megadeals in India rebound to touch two-year high in May

Startup megadeals in India rebound to touch two-year high in May

A spurt in megadeals, or transactions worth at least $100 million, last month brought some respite to Indian startups grappling with a funding slowdown for many months now. At least six megadeals worth $1.07 billion were closed in May, the highest in the past two years, both in terms of value and volume, according to proprietary data compiled by DealStreetAsia.

Edited by: Joymitra Rai

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter