Indian Startup Hubs: some interesting facts About Delhi & NCR Startups

Indian Startup Hubs: 27 Delhi & NCR Startups That Have Crossed The Series B Barrier

Here are some interesting facts:

1. In Delhi & NCR, there are 27 startups that have crossed their Series B round.
2. Delhi-based MakeMyTrip was amongst the first generation Indian startups that went public.
3. Out of the total number of startups that have crossed Series B, over 10 fall under the ecommerce category.
4. Sequoia came out to be the most active VC firm in Delhi with investments in over 7 startups; followed by Saif & Nexus who have invested in 4 startups each.
5. Delhi is also home to Rocket Internet backed startups like Jabong (raised over $70 Mn) & Fabfurnish (raised over $30 Mn) who have raised huge fundings from Rocket Internet and others.
6. Ixigo is yet another Delhi-based startup that has raised about $18.5 Mn funding from SAIF Partners & MakeMyTrip.