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Indian startups attract $10.14 Bn in funding in 2020: Report

Shortpedia

Content Team
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Indian startups are estimated to have received USD 10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said. Even though the total investment received in 2020 is lower than that of 2019 (USD 14.5 billion), the number of deals were higher by 20%, the report said. This is the third year in a row that India has kept its number four position globally.