VCs set to focus on quality assets despite headwinds
- Overall, India’s VC funding reached $38.5 billion in 2021, growing 3.8 times over 2020
NEW DELHI : Venture capital (VC) investments in India are set to remain at 2021 levels this year despite global headwinds but with a sharper focus on the quality of deals with larger rounds, said consulting firm Bain and Company. Overall, India’s VC funding reached $38.5 billion in 2021, growing 3.8 times over 2020, and faster than China’s 1.3 times increase. And the 44 unicorns minted in India were two more China’s. Moreover, the share of VC funding comprised more than half of overall private equity (PE) and VC investments in India in 2021.
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