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Indian technology startups witness a late-stage funding boom

R Sinduja

News Editor

Indian technology startups have witnessed a funding boom, particularly at the late stage, with more deals of $100 million or more in the first 5 months of this year than in the first half of the last 2 years. Deal-making has broadened across companies & sectors, moving away from a few large companies which used to top fundraising charts every year. Late stage investors invest higher prices as companies grow at a fast pace.