Overview
While there has been a funding winter in startups over the past year, funding has seen an uprise in early stage deal funding and decline in late stage deals funding. Funding in FinTech and NBFC sector has witnessed a significant uptick in April and in the past few months. Here's what data suggests:
FinTech and NBFC funding has witnessed a significant uprise in the month of April, the sectors having raised a total of $607 million. The funding was led by DMI Finance and PhonePe, with a whopping USD 400 million and USD 100 million funding each, latest data by 1Lattice revealed.