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BI Year-Ender: Five emerging start-ups that got $100 million funding in 2016

BI Year-Ender: Five emerging start-ups that got $100 million funding in 2016


2016 has been a year of funding slowdowns with overall funding in the startup ecosystem being less than 2015. Total of 924 Indian start-ups were funded in 2016, raising $3.89 billion, according to reports. Unlike in 2015, when Flipkart topped funding with US$700 million, this year the highest check was for US$250 million. 2015 saw a total of 904 companies raising US$7.54 billion.

ALSO READ: Here are the top five top selling smartphones on Flipkart

Here is a list of start-ups that aren’t as known as the poster children of startup ecosystem but are quickly joining this foster home.

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