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Indian startups may see a shift in pace and quality of VC deals in 2022: Report
source link: https://nextbigwhat.com/indian-startups-may-see-a-shift-in-pace-and-quality-of-vc-deals-in-2022-report/
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Indian startups may see a shift in pace and quality of VC deals in 2022: Report
- The Indian startup ecosystem is likely to witness a shift in the pace and quality of venture capital deals in 2022 due to global headwinds, although total investments are expected to remain in a range similar to 2021, according to a report by consultancy Bain and Co released in collaboration with Indian Venture and Alternate Capital Association.
- Deal volume rose to 1,545 deals in 2021 from 809 deals in 2020 while the average deal size grew to $24.9 million in 2021 from $12.4 million in 2020, the report noted.
- On the flipside, early-stage deals also saw a dramatic shift as the financing rounds became bigger, with Series A rounds breaching more than the $10 million mark in average deal size, it noted.
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