Explaining the funding ecosystem, Sushanto Mitra, CEO, Lead Angels, told Telangana Today, “Indian startups raised $12.68 billion in equity and $1.14 billion in debt in 2018, across 864 deals, surpassing 2017 levels. Late-stage startups took the lion’s share and India welcomed eight new ‘unicorns’.”
Bootstrapping vs Fund Raising – Manish Johri, SVP – Lead Angels featured in The Economic Times
“Funding is somewhat like steroids, it makes things faster, but has side-effects.” – Manish Johri, SVP – Lead Angels Network