Venture Catalysts says it has funded 54 start-ups at over $50 mn valuation

Individual valuations of at least two dozen companies have crossed $100 million, says investment firm

Venture Catalysts Group, an investor for early-to-growth stage start-ups, has announced that about 54 of its portfolio companies have crossed $50 million valuation this year.

Individual valuations of at least two dozen companies have crossed $100 million, with Shiprocket, BharatPe and Vendantu attaining unicorn status in the last one year. Venture Catalysts said it houses 33 soonicorns and more than 100 minicorns, referring to firms that have the potential to be a unicorn and those with a valuation of $1 million or more.

“The valuations assume importance at a time when the fears around a possible funding winter continue to