Private Capital
India on the trajectory of an economic powerhouse
19 Apr 2021
The success of Indian startups in turning into
unicorns (valued at $1 billion or more) and the massive global private equity
investment drive last year increased the interest of global investors in the
economy’s startup ecosystem even though it was a pandemic year. According to
data analysed by consulting firm Praxis Global Alliance, around 59
international investors made their first-time PE-VC investment in India in
2020, despite curbs on Chinese investment due to border tensions. The
corresponding number stood at 43 in 2019. The data showed that the top 10 new
global investors in 2020 participated in around $7 billion worth of deals while
it was $1.2 billion in 2019.
The full article was originally published on The Daily
Guardian