Private Capital
Bumper year for Indian startups: $30 bn funding in 2021; 3x of 2020
30 Dec 2021
Indian startups have raised close to $30 billion in funding
in 2021, recording a growth of more than 100% over last year. Firms had
collectively garnered about $10.9 billion in investments in 2020, according to
data sourced from market research firm Tracxn.
A buoyant funding momentum and a record number of unicorns
(over 40) capped the year as investors rushed to back a spate of new-age firms
amid rising consumer appetite for tech-led products and services.
Click here to read the full article on Fortune India