Indian Internet Survivor & Leaders Get More Funding in 2017

Funding environment for internet/e-commerce companies in India seems to be reviving after the lull in 2016. Boosted by a few large deals, PE/VC funding has reached US$6.7 bn in 2017 (till August), compared with US$2.3 bn in 2016 and US$5.4 bn in 2015. However, unlike 2015 when funding was more broad based, PE/VCs are now making concentrated bets in a few large companies in order to have stakes in eventual market leaders.

Large investors such as Softbank, Alibaba, Tencent and others have led relatively large funding rounds in e-commerce companies such as (more…)