Gujarat-basedstartupsseem to have begun the current financial year on a positive note with seven of them cumulatively raising aroundRs 77 croreso far in fiscal 2021-22.

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According to experts, startups raising more funds is a function of a maturing startup ecosystem inGujarat. Explaining this, Anupam Jalote, CEO, International Centre for and Technology (iCreate), said, Increasing number of investors are now seeing startup funding as a good avenue for investing their corpus, as startups reflect promising Growth. The surge in the quantum of funds raised is also a reflection of a maturing ecosystem.

Jalote further explained that in the post-pandemic digital boom, a large chunk of tech startups such as providers of AI-driven Join Our Telegram Channel

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href="https://exam.pscnotes.com/solutions">solutions, fintech startups and even those in the electric vehicle segment are raking in the maximum funds followed by the other sectors.