Private Capital
The brief: funding woes of start-ups
05 Apr 2022
1 min read
More than $30 billion worth of funding, a record number of 45 unicorns and a clutch of sizeable IPOs — 2021 has been nothing less than a dream run for Indian start-ups. The funding frenzy on the start-up street came on the back of a ‘digital overdrive’. Nudged by the pandemic that confined millions to their homes, consumers’ appetite for digital services shot up, boosting start-up subscriptions, which eventually translated into investors infusing billions of dollars into new-age companies at high valuations.