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Indian Startups Raised 3.10 Lakh Crore Last Year – Report Claims: Indian Startups Raised 3.10 Lakh Crore Last Year, Every 13th Unicorn in the World Made in India


Summary

According to the report, Flipkart is the Most worthy unicorn with $37.6 billion. Mensa Brands turned a unicorn in simply 6 months.

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The Indian startup managed to boost capital of Rs 3.10 lakh crore ($42 billion) final yr. This determine is Rs 2.25 lakh crore greater than the quantity of $ 11.5 billion (85 thousand crores) raised in 2020. Orios Venture Partners stated in a report launched on Thursday that 46 startups in India with a valuation of over $1 billion have been profitable in turning into unicorns in 2021.

With this, the complete variety of unicorns in India has greater than doubled to 90. A startup with a valuation of over a billion {dollars} is named a unicorn. According to the report, at present each 13th unicorn in the world is born in India.

Startups that turned unicorns in the final yr embrace ShareChat, Cred, Meesho, Nazara, Moglix, MPL, Grofers (now Blinkit), Upgrade, Mamaearth, GlobalBiz, Acko and Spiny. According to the report, Flipkart is the Most worthy unicorn with $37.6 billion. Mensa Brands turned a unicorn in simply 6 months.

Decacorn turned 4 corporations
According to the report, in 2021, 4 corporations have been profitable in turning into Decacorns (startups with a valuation of $10 billion or extra) with a valuation of over $10 billion. These embrace Flipkart, Paytm, Byju’s and Oyo Rooms. It additional states that Bengaluru has the highest variety of unicorns. Most unicorns are related to fintech, e-commerce and software program companies.

India is the third largest nation in phrases of unicorns
According to the report, India has change into the third largest unicorn presence in the world after the US and China with 90 unicorns. There are 487 unicorns in the US and 301 in China. India has now overtaken Britain (39).

In addition, India has change into the third largest startup ecosystem in the nation with near 60,000 startups. These startups usually are not solely bringing progressive options and expertise however are additionally offering employment on a big scale. are producing.

Scope

The Indian startup managed to boost capital of Rs 3.10 lakh crore ($42 billion) final yr. This determine is Rs 2.25 lakh crore greater than the quantity of $ 11.5 billion (85 thousand crores) raised in 2020. Orios Venture Partners stated in a report launched on Thursday that 46 startups in India with a valuation of over $1 billion have been profitable in turning into unicorns in 2021.

With this, the complete variety of unicorns in India has greater than doubled to 90. A startup with a valuation of over a billion {dollars} is named a unicorn. According to the report, at present each 13th unicorn in the world is born in India.

Startups that turned unicorns in the final yr embrace ShareChat, Cred, Meesho, Nazara, Moglix, MPL, Grofers (now Blinkit), Upgrade, Mamaearth, GlobalBiz, Acko and Spiny. According to the report, Flipkart is the Most worthy unicorn with $37.6 billion. Mensa Brands turned a unicorn in simply 6 months.

Decacorn turned 4 corporations

According to the report, in 2021, 4 corporations have been profitable in turning into Decacorns (startups with a valuation of $10 billion or extra) with a valuation of over $10 billion. These embrace Flipkart, Paytm, Byju’s and Oyo Rooms. It additional states that Bengaluru has the highest variety of unicorns. Most unicorns are related to fintech, e-commerce and software program companies.

India is the third largest nation in phrases of unicorns

According to the report, India has change into the third largest unicorn presence in the world after the US and China with 90 unicorns. There are 487 unicorns in the US and 301 in China. India has now overtaken Britain (39).

In addition, India has change into the third largest startup ecosystem in the nation with near 60,000 startups. These startups usually are not solely bringing progressive options and expertise however are additionally offering employment on a big scale. are producing.

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