Once again Bengaluru-based startups grabbed half of the overall funding in the first three months of 2022

Apr 29, 2022

By: kritti.bhalla@timesinternet.in

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Indian startups raised over $9 billion last quarter

Indian startups have raised $9.2 billion in the first quarter of 2022, between January and March, according to business intelligence platform Tracxn. As usual, Bengaluru-based startups were the most funded ones.

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Byju’s Swiggy, Dunzo raised the biggest round

Seven out of ten biggest funding rounds were raised by Bengaluru-based startups. The list includes Byju’s, Swiggy, Dunzo, Udaan, Glance, Ola Electric and LivSpace.

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Bengaluru

Bengaluru-based startups had raised a little over $6 billion in the last quarter as well, while Indian startups raised $12 billion. Total Funding: $4.5 billion | Total Deals: 138 | Top Deals: Flipkart, Byju’s and Ola

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Gurugram

Total Funding: $729 million | Total Deals: 53 | Top Deals: Oyo, Zomato and Delhivery

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Mumbai

Total Funding: $631 million | Total Deals: 79 | Top Deals: PharmEasy, Eruditus and Dream Sports

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Noida

Total Funding: $582 million | Total Deals: 18 | Top Deals: Pine Labs, Clovia

Credit: BCCL

Pune

Total Funding: $476 million | Total Deals: 15 | Top Deals: FirstCry, Druva, ElasticRun

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Chennai

Total Funding: $393 million | Total Deals: 29 | Top Deals: CredAvenue, BankBazaar, CaratLane

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Delhi

Total Funding: $336 million | Total Deals: 55 | Top Deals: Lenskart, Snapdeal

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Jaipur

Total Funding: $211 million | Total Deals: 7 | Top Deals: CarDekho, DealShare, Voylla

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Indian startups have already laid off over 6,900 employees in the last four months