These 5 funding deals by Hyderabad startups during lockdown show why the city is an emerging hub
Although Bengaluru leads in the startup race when it comes to the number of funding deals – with Bengaluru-based startups having raised $2,436 million in H1 2020 – Hyderabad, the capital of Telangana, isn’t far behind either. The “City of Pearls” is ranked between 71-80 in the Top 100 Emerging Ecosystems as per the 2020 Global Startup Ecosystem Report. In H1 2020, Hyderabad raised a total funding of $473.2 million. Here are the top funding deals led by Hyderabad-based startups during the coronavirus-induced lockdown. ALSO READ Also Read Top 10 funding deals bagged by Chennai startups amidst lockdownQuaQuaIn June 2020, QuaQua raised $1 million from Anthill Ventures and other existing investors.