Big get bigger as select startups gain most amid funding boom
By
Biju Kumar
Select companies have gained the most from a sustained funding boom in the domestic market, amid an unprecedented inflow of risk capital and steep valuations.
Data sourced by ET from industry tracker Venture Intelligence showed that almost 50% of the $24.5 billion in total funds raised by Indian startups between January and September has been ploughed into 73 companies in follow-on rounds.