This year has been a record one in terms of investments in the startup ecosystem, with $13.7 billion invested across 820 deals. Early-stage investor Accel Partners emerged as the top startup backer in 2017 in terms of the number of deals, having completed 65 investments. Seed investment platforms LetsVenture, with 37 investments, and Venture Catalysts, with 33 deals, are next; IDG Ventures India (30 deals) and Blume Ventures (29 deals) make up the top five.
However, the ranking changes when only early-stage investments (Series A and earlier) are considered. Then, LetsVenture and Venture Catalysts top the table with 36 and 33 early-stage investments and IDG and Blume tie for the second spot with 26 early-stage deals each. Accel and Indian Angel Network are tied at the next spot in the early-stage investor ranking with 20 early-stage investments respectively.