Indian startups raised over $1.2 Bn in October: Report

Investment in Indian startups seems to be on track in October considering the past trend. This small but significant jump in monthly funding comes at a time when startups across the ecosystem are reviving themselves to overcome the funding winter. Interestingly, debt accounted for one third of the total funding in the last month.

Data compiled by startup intelligence platform TheKredible shows that 95 startups have mopped up $1.24 billion in October. This includes $1 billion in funding across 24 growth-stage startups while early-stage ventures scooped up nearly $200 million. 11 startups did not disclose their transaction details.

More: Indian startups raised over $1.2 Bn in October: Report (entrackr.com)