Nivedita Bhattacharjee · · 2 min readHow investment trends in India differed from global trends in 2016
Photo credit: Wikimedia.
As 2017 kicks into full gear, and entrepreneurs put their fundraising plans in motion, here’s a snapshot of the most loved sectors by VCs in 2016. Venture capital Intelligence firm Tracxn sampled a total of 8,648 startups and 5,593 investors and sifted through US$170 billion invested across 9,228 rounds globally to come up with the report.
Globally, enterprise security and healthcare IT were the hottest technology sectors of 2016, with close to US$7 billion invested across 587 rounds. In India, online retail and online travel emerged as the most exciting sectors, together amassing US$1.1 billion across 52 rounds.
Here’re the details. Caveat: Tracxn excluded Chinese startups, as well as Life Sciences and Energy startups from the roundup. It counted funding rounds of US$1 million and more only.
In India, this is how 2016 played:
Editing by Nadine Freischlad and Malavika Velayanikal
(And yes, we’re serious about ethics and transparency. More information here.)
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