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Investors say Indian startup funding could get even hotter after record third quarter – TechCrunch

Any subscriber to The Daily Crunch newsletter knows how often Indian startups take part in our coverage of emerging tech companies around the world. The country’s importance may also have increased as the Chinese venture capital market evolves in the face of a changing regulatory environment.

A number of Indian companies have recently gone public or have started the IPO process. These exits have proven to be more than just useful for recycling capital in the Indian market; they show global investors at every stage that startups nationwide can go from seed to redwood.

The Exchange explores startups, markets, and money.

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The result of a long ramp-up in venture capital activity since the COVID-19-induced lows in early 2020 is an Indian startup market going completely insane. The country’s venture capital data is, even for 2021, surprising.

To understand what’s going on in the country, The Exchange got their hands on GV Ravishankar, Managing Director of Sequoia India, and Kunal Bajaj, Head of Capital Network at Blume Ventures.

How active is the Indian market today? Ravishankar said India “is undeniably going through one of the best times for startups in terms of their ability to raise funding on an ongoing basis.”

VCs have helped us understand what drives Indian startups to not only set new records for attracted capital, but accelerate earlier gains to totals we may not see again for some time after the end. of the current commercial supercycle.

New records for the startup market in India

When the third quarter venture capital data came out, The Exchange was busy digesting hundreds of data points. Diving into new quarterly data is almost as effective as a brand new S-1 case in terms of filling the gaps in our understanding of the market.

But rare is the graphic that makes us cry out loud: Wait what ?! This was the case with CB Insights’ Indian dataset of quarterly company totals over time: