Startup funding picks-up pace amid digitisation push

VC firms, riding on the wave of faster digitisation, have stepped up funding in early-stage startups in existing offline businesses across edtech, fintech, consumer tech, healthcare, etc.  Between Aug-Oct zs many as 101 deals worth $323 mn were formalised, compared to $180 mn across 75 deals in May-July, as per the data compiled by Venture Intelligence. Between Jan – Oct $966 mn was invested in 314 early-stage deals, down from last year’s $1,203.

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