Indian startups have never had it so good, with the flow of venture capital investments turning into a flood. The past week alone has witnessed several high value VC funding deals, including Ola ($400 million), Zomato ($50 million), Grofers ($35 million), MobiKwik ($25 million), ZopNow ($10 million) and PepperTap ($10 million).
Till date, the year has seen $2.36 billion in funding, more than three times the figure for the first four months of 2014 ($716 million), according to estimates by VC funding tracking firm Tracxn!. In less than four months this year, VC investments have touched almost half the figure for the whole of 2014 ($4.78 billion).
This year has already seen four $100-million-plus deals – in digital wallet Paytm ($585m), cab aggregator Ola ($400m), classifieds platform Quikr ($150m) and etailer ShopClues ($100m), against two such deals in the same period last year.
