Those exits have proved more than merely useful for recycling capital into the Indian market; they’re showing global investors of all stages that startups in the country can go from seed to redwood.

The result of a long ramp in venture capital activity since COVID-19-induced lows in early 2020 is an Indian startup market that is going flat-out bonkers.

Venture capital data from the country is, even for 2021, surprising.

[Via]