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India’s most active finding investors startups poured funding into this sector in 2018

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With 132 deals signed in the first 11 months of the year, investor interest in the fintech sector is nowhere close to waning. We take a look at India’s most active fintech investors of 2018.

Photo by rawpixel on Unsplash

There has never been a better time to start a fintech business in India. As our fintech funding analysis shows, the sector mopped up the most amount of funding this year. And with regulators helping out as well, there’s a tailwind that will only propel it further.

Total funding raised across fintech and financial services came in at a shade over $2 billion as of November 30, 2018, down by 13 percent over $2.4 billion in 2017. The number of deals, however, increased to 132 versus 103 last year, reflecting increased interest and activity in the sector.

[Also read: Funding in 2018 signals birth of a mature startup ecosystem in India]

Investments in Lending and Insurance startups was a recurrent theme in 2018. No wonder, then, that India’s lending startups raised $953.03 million, almost half of the total funding raised by the Indian fintech ecosystem as of November 2018. With deal activity only rising in the segment, here is a look at the top 10 investors (in terms of number of deals) in Indian fintech this year. For a quick summary, check out our infographic at the end of the article.

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