India startups raised $7.8 billion in first four months of 2021

Risk investors continue to pump in record funds into new-age emerging businesses in the country even as the overall macroeconomic activity has taken a hit amid a severe second wave of Covid-19.
Startups raised total investments of $7.8 billion in the first four months of this calendar year, which is almost 70% of the overall corpus of $12.1 billion raised in entire 2020 and more than 50% of $14.2 billion raised in 2019, data from US-based research firm PitchBook shows.