How early-stage startup deals shaped up in a pandemic year

Mumbai: The number of early-stage funding events rose marginally in a pandemic year, but the average deal size grew by nearly a fourth, according to a report.

While deal volume rose 6% year-on-year in 2020-21, average deal value jumped 23%—offsetting the 13% fewer investments seen in the seed and pre-Series A segments, InnoVen Capital said in a report titled ‘The Early-Stage Investment Insights Report FY 2020-21’. The report analysed market information, along with a survey conducted on 16 leading institutional early-stage investors.