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India startups raise USD6bn in VC funding in first two months of 2022, finds GlobalData

India remains the second biggest market in the Asia-Pacific (APAC) region for venture capital (VC) investments after China with USD6 billion disclosed funding value, according to data and analytics company GlobalData.

Analysis of GlobalData’s Financial Deals Database reveals that a total of 314 VC funding deals were announced in India during the period.

Some of the notable VC funding deals announced during January-February 2022 in India include USD700 million funding raised by Bundl Technologies (Swiggy), USD450 million funding raised by Polygon Technology, USD300 million funding raised by Busybees Logistics Solutions (Xpressbees), USD300 million funding raised by NTex Transportation Services (ElasticRun), USD250 million funding raised by Moglix, and USD240 million raised by Dunzo Digital.

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