September 25 2021: Affordable mobile Internet, expanding online consumer base, pandemic-led digital adoption, record stock market listing of start-ups and China’s regulatory crackdown on technology companies have all made the Indian start-up ecosystem attractive to  venture capital (VC) investors.
Against this backdrop, 983 VC funding deals were announced in India during January-August 2021 with a disclosed funding value of US$20.5bn, reveals leading data and analytics company, GlobalData. August marks the second consecutive month of growth in deal value in India.
Says Aurojyoti Bose, Lead Analyst at GlobalData: : “Despite the third wave of COVID-19 pandemic looming large and slow economic recovery, the pace at which India has been creating unicorns in 2021 is a testimony to the growing investor interest in Indian startups.” 
 “India is an attractive Asia-Pacific (APAC) market and stands just next to China. Indian startups stood next only to Chinese counterparts in terms of VC funding value among the APAC countries during January to July 2021.”
Some of the notable VC funding deals announced during January-August 2021 in India include US$3.6bn funding raised by Flipkart, US$750m funding raised by Zomato in two funding rounds, US$502m raised by ShareChat and US$450m raised by Verse Innovation.
Bose concludes: “Even while several key global markets, including the US, experienced month-on-month decline in VC funding value in August 2021, the two key APAC markets China and India managed to witness growth.”