82 unicorns, $39bn funding & counting: Indian startups come of age
By IANS | Published: December 12, 2021 10:06 AM2021-12-12T10:06:17+5:302021-12-12T10:20:07+5:30
New Delhi, Dec 12 As we celebrate the phenomenal rise of the Indian startups, especially in the last ...
New Delhi, Dec 12 As we celebrate the phenomenal rise of the Indian startups, especially in the last two years, a number of global macro-economic factors served as tailwinds to help achieve this feat.
The global pandemic resulted in a digital transformation and adoption of technology at a societal level. Moreover, tech sector regulatory changes/crackdowns in China, availability of large pools of private capital were all positive factors for the Indian startup ecosystem to grow and produce a record 40 unicorns in 2021 alone.
Today, India has 82 unicorns with a total funding of over $38.4 billion
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