Indian startups raised $6.5 bn

About 160 funding deals were closed in the three months to June 30, up 2% from the January-March period, while fundraising rose 71% to $6.5 billion, according to a report by Nasscom and PGA Labs.

About 160 funding deals were closed in the three months to June 30, up 2% from the January-March period, while fundraising rose 71% to $6.5 billion.

At $800 million, Swiggy raised the biggest round during the quarter, followed by ShareChat ($502 million), Byju's ($340 million), PharmEasy ($323 million) and Meesho ($300 million), the report stated.

"The Indian startup ecosystem, which generated 53 unicorns till June 2021, has made great strides in the April-June quarter,” A ..

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