CosmicTaco
CosmicTaco

Large Funding Rounds Return to Indian Startups, with Increased Focus on Secondary Sales

  • Deals over $100 million making a comeback in Indian startup ecosystem after 18-month drought
  • Many large rounds in 2024 feature significant secondary component alongside primary capital
  • Secondary sales allow early backers to exit, offer better blended price for incoming investors
  • Companies like Rebel Foods, Purplle, Meesho seeing 50-70% of rounds in secondary transactions
  • Trend reflects maturing ecosystem, with investors seeking exits and startups nearing profitability

Source: Moneycontrol

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5mo ago
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