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Angel, seed deals dominate this week; most M&As were local

01 August, 2016

Angel and seed investments made up for 13 of the 19 companies that were funded during the week, according to VCCEdge, the data research platform of VCCircle. The M&A space saw two big- ticket deals–China’s Fosun Group acquiring a majority stake in Hyderabad-based Gland Pharma for $1.26 billion and Flipkart-owned Myntra purchasing online fashion marketplace Jabong for $70 million.

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Angel, seed deals dominate this week; most M&As were local

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