Indian startups raise $42 bn in 2021, up from $11.5 bn in 2020: Report

Indian startups raise $42 bn in 2021, up from $11.5 bn in 2020: Report

• By Staff Writer

Indian startups raised $42 billion in 2021 as compared to $11.5 billion in 2020, as per a report by Orios Venture Partners. The report stated that India saw 46 unicorns coming up in 2021 alone, more than doubling their number to 90. "These startups are...generating large-scale employment. Today, one out of 13 unicorns globally [is Indian]," the report said.