Alok Kumar Agarwal’s Game-Changing Funding Solutions for Indian Entrepreneurs
Funding is essential for startups to grow and innovate. According to TheKredible, an analytics platform for startups, Indian startups secured $1.34 billion through 128 deals in May 2024. This includes $1.19 billion from 39 growth-stage deals and $154 million from 66 early-stage deals. There were also 23 undisclosed rounds, mostly early-stage deals.
Beyond traditional venture capital, there are various funding options that can help startups scale. Alok Kumar Agarwal points out that by exploring different funding sources, startups can choose the best fit for their growth stages and goals. Alok Kumar Agarwal Alankit says, “Startups can adjust their funding strategies to match their specific needs and objectives.”
While venture capital is still a major option, alternative funding methods offer more flexibility and benefits. These options cater to different stages of growth, financial needs, and business goals, helping startups find the right type of capital for their needs. Agarwal adds, “Diversifying funding sources helps startups manage risks and enhance financial flexibility.”