Investments in Indian startups plunged by 44.3% in 2016
Indian startups witnessed a 44.3% decline in value of investments in 2016 at $1.452 billion, down from $2.606 billion in 2015. According to VCCEdge, the FinTech sector secured the most number of deals this year, with 67 investments worth $183 million, while HealthTech startups attracted about $69 million across 60 deals, followed by EduTech with $21 million through 41 deals. 