The number of corporate-backed deals in April stood at 145, only slightly down from the 148 funding rounds at the same time last year. Investment value fell by 54%, compared with last year – down to $5.01bn from $11.11bn in April 2016. Only one company, Flipkart, raised a funding round above $1bn.
Both the deal count and total capital invested in corporate-backed rounds were lower in April than they were in previous months this year. There were 162 rounds reported…
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