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Indian tech startups raise a record $74 bn from PE/VC firms in 2021: Report

'E-commerce, consumer platforms, and IT services sectors were favorites among investors, recording 56% of total deal value in 2021,' says 'India Investments Pulse' report by Praxis Global Alliance

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Peerzada Abrar Bengaluru
Indian tech startups raised a record amount of capital from private equity and venture capital firms in 2021. Investors pumped in $74 billion worth of investments in the previous calendar year across 1,123 deals, according to the India Investments Pulse report by Praxis Global Alliance, a global management consulting and advisory services firm based in India.

“Ecommerce, Consumer platforms, and IT services sectors were favourites among investors, recording 56 percent of total deal value in 2021”, said the report. 41 companies were added to the unicorn club in 2021, marking a record 3x increase over previous years.

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First Published: Mar 28 2022 | 4:00 PM IST

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