An overall glance at the Indian tech startup ecosystem will exhibit a much finer picture: 100th position in terms of ease of doing business; 37th position on the global startup ecosystem comparison chart; several partnerships with the foreign governments to facilitate cross-border startup opportunities to the Indian entrepreneurs. In accordance to the data collated between January-March 2018, the tech startup funding deals were found to have increased by 20% while the deal amount fell by a staggering 50% in comparison to the previous quarter. The QoQ trend shows, the number of funding deals in Q1 2018 was 42% higher than the previous quarter, but it’s 19% low since Q1 2017. Fintech and Healthtech continue to top the chart with 30 and 25 deals respectively. In Q1 2018, there was an increase in M&As by 17%. With market correction happening in the ecosystem, this trend is expected to grow further.

(Inc42)