Venture capital firm Peak XV Partners, formerly known as Sequoia Capital India and SEA, has emerged as the leading investor in India's startup ecosystem, according to the ASK Private Wealth Hurun India Future Unicorn Index 2024
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
Read MoreAvenir, Lightspeed, and Avra (Anu Hariharan’s new fund) joined the company’s cap table as new investors, among others. existing investors
Read MoreThis figure marks a 4 per cent increase from H2 2023 but a 13 per cent decline from H1 2023. Despite this, India remains the fourth-highest funded country globally, trailing behind the US, the UK, and China
Read MoreDespite the dropouts, 38 new startups joined the index this year. Notably, travel aggregator ixigo went public with a USD 700 million valuation, skipping the gazelle stage after being identified as a potential unicorn in 2022
Read MoreIn January, Country Delight raised USD 20 million in a Series E round from investors including Temasek, Seviora Capital, and Venturi Partners, bringing its valuation close to USD 820 million
Read MoreFounded by Souvik Sengupta and Aaditya Sharda in 2016, Infra.Market is backed by Accel, Nexus Venture Partners, Fundamental VC, and Tiger Global
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