India remains a key market for VC funding activity in the Asia-Pacific region, standing next to China, and is among the top five global markets in terms of deal volume and value
Read MoreAs of May 2023, India is home to 108 unicorns with a combined valuation of USD 340.80 billion. The swift emergence of these unicorns, often within a few years of founding, underscores the strength of India’s startup ecosystem and its potential for continued global leadership
Read MoreIndia’s undercapitalisation presents a huge opportunity for venture capitalists and investors since it indicates substantial growth potential, unlike mature and saturated markets like the United States or Europe
Read MoreThe report defines Unicorn startup which is in existence after 2000 with a valuation of USD 1 billion. Gazelles category startups are those that are likely to go Unicorn in the next three years while Cheetahs category startups could go Unicorn in the next five years
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