Bumper year for Indian startups: $30 bn funding in 2021; 3x of 2020

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Bumper year for indian startups: $30 bn funding in 2021; 3x of 2020

30 Dec 2021

1 min read

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

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Bumper year for Indian startups: $30 bn funding in 2021; 3x of 2020 | PraxisGA