After an unprecedented pandemic in 2020, this funding boom has come on the back of higher global capital liquidity and inflationary growth across investment assets. It has been complemented by massive growth in the addressable base for consumer and B2B tech startups.
The calendar year 2021 recorded the highest venture capital inflow to date with $42 Bn raised across 1,583 deals. With MamaEarth’s entry into the unicorn club, the Indian market saw 42 new unicorns this year. Overall, startups with valuation of over $1 Bn raised $75 Bn. Notable unicorns which raised funding this year included Dream11 ($1.2 Bn), BYJU’S ($2.4 Bn) and Swiggy ($1.25 Bn). However we expect a 24% correction in the capital inflow by the end of calendar year 2022
