Bengaluru startups raise $12 billion in funding in 2021 as Delhi, Mumbai and Pune play catch up

Oct 18, 2021 By: BI India Bureau

The funding downpour

The year 2021 has been the best year for the Indian startups ecosystem. About $24 billion was invested in domestic startups across 746 deals. And the year is not done yet. Credit: Canva

Bengaluru and Delhi make the most of it

Bengaluru and Delhi-NCR contributed for about 76-78 per cent of this funding, according to a PwC report. Credit: Canva

Bengaluru

Total funding till September 2021: $11.9 billion | Total deals: 293 | Startups: Cred, ShareChat, Swiggy Credit: BI-India

There is more

Interestingly Bengaluru-based startups have raised as much capital as the entire Indian startup ecosystem did in 2020. Credit: BCCL

Delhi

Total funding till September 2021: $6.4 billion | Total deals: 211 | Startups: Delhivery, OYO, Zomato Credit: Canva

Mumbai

Total funding till September 2021: $3.9 billion | Total deals: 131 | Startups: PharmEasy, Dream11, Infra.Market Credit: BCCL

Pune

Total funding till September 2021: $845 million | Total deals: 27 | Startups: Mindtickle, FirstCry, Rebel Foods Credit: BCCL

Chennai

Total funding till September 2021: $504 million | Total deals: 28 | Startups: Netmeds, BankBazaar, CaratLane Credit: Canva

Hyderabad

Total funding till September 2021: $202 million | Total deals: 23 | Startups: Darwinbox, HyperLeap, GTM Buddy Credit: Canva

Other cities

Total funding till September 2021: $193 million | Total deals: 33 | Startups: Dealshare, Kirana King, Tijori Credit: Canva