VC funding deals in Indian start-ups drop in first half

The total recorded funding in Indian start-ups rose 16.64 percent to $5.85 billion in the first half of 2019, according to DataLabs by Inc42.
Funding India start-ups H1 2019Ecommerce ($1.03 billion), fin-tech ($1.01 billion) and transport technologies ($800 million) have emerged as the top sectors, representing 48.83 percent of the total funding amount.

Fin-tech (57), enterprise technology (52) and consumer services (40) were the top sectors in terms of the total number of deals, accounting for 41.39 percent of all funding deals in the first half of the year.

Sequoia Capital emerged as the most active VC while Indian Angel Network emerged as the most active seed stage investor.

The number of deals were 26.23 percent less in comparison to H1 2017 (488 deals) and 16.47 percent lower in comparison to H1 2018 (431 deals).