Funding Friday: 4 Mega Fundings of 2018 That Took India's Startup Ecosystem to an All-time High

Stay tuned to get every day updates in 60 seconds
Entrepreneur Staff
Former Features Writer
1 min read

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

2018 was indeed a year like never before. The year witnessed many unexpected investments, taking India’s Entrepreneurial ecosystem to an all-time high. Here are top 4 mega fundings of 2018:

  1. Swiggy emerged as the winner of funding game 2018. The foodtech platform, which joined the unicorn club earlier this year, recently raised $1 billion in series H round of funding led by existing investor Naspers.
     
  2. Closely following behind is the world’s most valuable edtech platform, Byju’s. The Indian startup, another one to join the billion-dollar companies in 2018, recently raised $400 million in a new round of funding.
     
  3. Ritesh Agarwal’s Oyo Rooms have been on an expansion spree since September this year, when the startup-turned-unicorn raised staggering $1 billion from Japan’s SoftBank Vision Fund and others.
     
  4. While Oyo is digging its heels in foreign countries, Indian start-up Paytm brought US-based Berkshire Hathaway on board to invest $300 million at 3-4 per cent stake in the company.
Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur