We expect unicorn count in India to cross 100 in 2022: PwC's Amit Nawka

CY21 saw fivefold rise in unicorns globally and touched 510

The calendar year 2021 became a remarkable year for the Indian start-up ecosystem with 43 such firms turning unicorn, taking the total private start-up unicorn count to 68 as of December 31. 

“Considering the even larger start-up base and continued investor interest, we expect the unicorn count in India to cross 100 in 2022,” said Amit Nawka, start-ups leader and partner, deals, PwC.