Despite a raging pandemic, the Indian startup ecosystem has attracted a rush of capital as the Indian startup ecosystem was able to demonstrate its resilience and has in fact been able to leverage the wave of digitization that covid-19 has resulted in. We can clearly see investor enthusiasm around that," said Karthik Reddy, co-founder of Blume Ventures, an early-stage investor. According to Lavanya Ashok, partner at Trifecta Capital, the current deal activity in the startup ecosystem highlighted by mega investment rounds is the result of demand and supply matching. Kosturi Ghosh, partner at Trilegal, said that there is a lot of liquidity with investors and the interest is here to stay. To be sure, the rush of capital into Indian startups in recent months has also brought increasing scrutiny of fast rising valuations of these companies.

Source: Mint May 30, 2021 19:30 UTC