Alok Kumar Agarwal of Alankit Unveils Creative Funding Solutions for Indian Startups
Funding is essential for startups, driving both growth and innovation. According to TheKredible, a startup data intelligence platform, Indian startups raised $1.34 billion through 128 deals in May 2024. This included 39 growth-stage deals worth $1.19 billion and 66 early-stage deals totaling $154 million. There were also 23 undisclosed rounds, mostly for early-stage deals.
In addition to traditional venture capital, startups have a variety of funding options that can help them grow. Alok Kumar Agarwal emphasizes the importance of exploring different funding sources, saying, “By diversifying their funding options, startups can align their capital needs with their specific growth stages and goals.”