The Early Stage funding environment in India - especially Seed and Series A investments - continues to be vibrant. According to Venture Intelligence data, 250 companies raised Series A investments during 2021 - up 75% from 142 companies in 2020. Seed and Series A investments were up by 88% and 22% respectively in the Jan - Mar 2022 quarter (over the same period in 2021). (Even in the ongoing quarter – even as late stage funding has started to slow down significantly – the pace of Early Stage investments have held up.) What explain the resilience in Early Stage funding? And, will the vibrancy last? The first edition of a new report series from Venture Intelligence – The Series A Landscape Report – provides scope for optimism. Some of the data highlights from the report: Series A Investments: • The number of companies raising Series A rounds grew at a brisk CAGR of 19% in the four year period from 2017 to 2021. • E-commerce was the most preferred sector for Series A investments d