VC investments jump 4 times to hit record $28.8 billion in 2021

In comparison, VC and start-up investments were hit hard in 2020, declining 38 per cent YoY

Venture capital
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Ashley Coutinho Mumbai
Calendar year 2021 turned out to be the best one so far for venture capital (VC)/start-up investments both in value and volume terms. Such investments rose four times to $28.8 billion, compared with $7.3 billion in 2020, according to a report by IVCA-EY. The number of deals rose 37 per cent year-on-year (YoY) to 858, the highest ever.

In comparison, VC and start-up investments were hit hard in 2020, declining 38 per cent YoY. “VC funds became more risk averse and refrained from investing in start-ups, which traditionally have high cash burn rates. However, as the pandemic progressed, there was an accelerated adoption of e-commerce/tech-enabled businesses globally as well as in India, driven by the ease of use and

First Published: Jan 19 2022 | 01:04 AM IST

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