New Delhi  : India’s leading media and information platform, known for its end-to-end coverage of the Indian startup ecosystem, Inc42 Media’s research division DataLabs by Inc42 has released Indian Tech Startup Funding Report, H1 2019.

 

As per DataLabs by Inc42 estimates, the total recorded funding in H1 2019 ($5.85 Bn) was 16.64% higher than the median half-yearly funding amount of $5.01 Bn (2014- H1-2019). “If we look at the Y-o-Y comparison, this is only a slight bump in an otherwise declining trend for funding amount since 2017,” said Ankan Das, Head, DataLabs.

 

Ecommerce ($1.03 Bn), fintech ($1.01 Bn) and transport tech ($800 Mn) emerged as the top sectors in terms of the total funding amount. The share of the top three sectors in the total funding raised by Indian startups in H1 2019 was 48.83%.

 

In terms of the total number of deals, fintech (57), enterprise tech (52) and consumer services (40) were the top sectors. These three made up 41.39% of all funding deals in the first half of the year.

 

Sequoia Capital emerged as the most active VC while Indian Angel Network emerged as the most active seed stage investor.