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“Depending on the stage of startups, funding options need to be explored as angels and HNIs continue to play a key role in early-stage funding. Thereafter, VC players including Indian funds, global funds, funds of large tech and other conglomerates as well as family offices play a key role in funding Series A and Series B rounds.” 

- Raja Lahiri, Partner, Grant Thornton Bharat.

 

This article appeared in The Times of India on 11 March 2021.