Investor love: $4 Bn in Q1 for growth-stage tech cos

Investor love: $4 Bn in Q1 for growth-stage tech cos

author-image

Aditi Shrivastava

141 reads
author-image

Madhav Chanchani

108 reads
author-image

Aditi Shrivastava

141 reads
author-image

Madhav Chanchani

108 reads

With 22 startups in the market to raise over $100 million each, The CapTable analyzes the founder-investor dynamics at play in five deals that reflect the mood of late-stage funding in India.

March 01, 2021

9 MINS READ

Funding at the growth stage has never been better. There are currently about a dozen deals of over $100 million each in the works, with the startups involved expected to collectively mop up about $3 billion, according to half a dozen venture capital investors, founders and bankers directly involved in the deal conversations. This is on top of about $1 billion already secured by eight startups since the start of 2021, taking the total mop-up since January to over $4 billion. To put this in perspective, Indian startups raised $11.4 billion in all of 2020 across growth- and early-stage investments, according to Tracxn. Here are our takes on the frenzied fundraising.

Take 1

B Capital, the fund of Facebook cofounder Eduardo Saverin, was close to signing a $100 million cheque in Meesho late last year. For the venture capital firm, which closed its second fund at $820 million in July, the Meesho deal would have been its boldest and largest bet. “This was one of the most aggressive offers made by the B Capital team,” said a person aware of the matter. 

Read this article for free

Sign in using

Or

Sign in using your email

Don't have an account?

Forgot Password?

By signing up for The CapTable you agree to the

Terms of Service

and

Privacy Policy

of the platform.

Smart Information, Better Decisions

We report on the latest and most important developments in India’s biggest tech companies and disruptive startups so you can make better decisions.

Inside View with Org Charts

Know the key decision-makers with Org Charts. We thrive on decoding boardroom conversations so we can bring you a 360° view of what's happening at India's high-growth companies.

Seasoned Team

Tracking the highs and lows of India’s biggest internet companies over the past decade has given us access to the right decision-makers to interpret the latest state of play.

Inside View

We thrive on inside scoops and decoding boardroom conversations so we can bring you a 360° view of what’s happening at India’s high-growth companies.

share-button
like-button
share-button

For subscribers only

Premium Reads

>>

View More >>

Deeply reported and objective news on the country´s fastest-growing companies and the people behind them.