14 unicorns created, $10.8 bn invested in startups in Q4 FY22: Report

14 unicorns created, $10.8 bn invested in startups in Q4 FY22: Report

• By Staff Writer

As many as 14 startups attained the unicorn status in India in Q4 FY22 with the startup ecosystem attracting investment of $10.8 billion, a report by accounting firm PwC India said. With 334 funding deals in the quarter, India now has a total of 84 unicorns. With five unicorns, the software-as-a-service (SaaS) sector accounted for the largest sector-wise share.