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With Two Months To Go, Indian Startups Have Already Raised More Money In 2019 Than In Any Year Prior
The Indian economy is supposed to be in a slowdown — auto sales are down, consumer confidence is low, and the stock market is in a funk. But it seems that the memo hasn’t quite reached the venture capitalists who’re betting on Indian startups. Indian startups have raised a record $11.3 billion (Rs. 79,000 crore) in 2019, which is higher than any previous year on record. In 2018, Indian startups had attracted $10.5 billion in investment, while in...