2021 Year In Review

Year
In
2021 was a milestone year in the history of India's Startup Economy!
Review
$42,000,000,000+
Indian Startup Investments In 2021
100b
Indian Startups Crossed The $100Bn Funding Milestone
206
Mergers & Acquisitions
834 Mn+ Internet Users
61% Internet Penetration
845 Mn+ Smartphone Users
$0.68 Data Cost Per GB
$1.6 Tn UPI Transactions Value
68 Bn UPI Transactions
57K+ Indian Startups
4413 Funded Indian Startups
$112 Bn Total Invested Capital
85 Indian Unicorns Startups
$283 Bn Indian Unicorn Valuation
17 Listed Indian Tech Companies
$56 Bn+ Valuation Of Listed Startups
2487 Active Investors
919 Lifetime M&A’s
108 Mega Deals Over $100 Mn
11 IPOs accelerated the merger of India's tech, startup & business economies
March 2021

$275 Mn
March 2021

$460 Mn
July 2021

$10 Bn
August 2021

$1 Bn
September 2021

$9 Bn
October - November 2021

$7.4 Bn
October - November 2021

$500 Mn
November 2021

$6.1 Bn
November 2021

$19 Bn
December 2021

$600 Mn
December 2021

$800 Mn
BIGGEST M&A'S OF 2021
Consolidations are the sign of a mature ecosystem. In this milestone year for India's startup economy, mergers & acquisitions jumped 2.5X to 206 deals.
Company
Deal Value
Acquired By

$4.7 Bn


$1.2 Bn*


$1 Bn


$700 Mn*


$600 Mn


$500 Mn


$360 Mn


$250 Mn


$230 Mn


$200 Mn

2021's Hottest Sectors Top Funded Industries Of The Year
FINTECH
No. Of Deals
280
Funding Amount Raised
$8.0 Bn
Top Hub
Bengaluru
Seed Stage (Average Ticket Size)
$3.3 Bn
ECOMMERCE
No. Of Deals
272
Funding Amount Raised
$10.6 Bn
Top Hub
Delhi NCR
Seed Stage (Average Ticket Size)
$2.5 Bn
ENTERPRISETECH
No. Of Deals
229
Funding Amount Raised
$3.2 Bn
Top Hub
Bengaluru
Seed Stage (Average Ticket Size)
$1.8 Bn
Edtech
No. Of Deals
165
Funding Amount Raised
$4.7 Bn
Top Hub
Delhi NCR
Seed Stage (Average Ticket Size)
$1.2 Bn
Healthtech
No. Of Deals
131
Funding Amount Raised
$2.2 Bn
Top Hub
Bengaluru
Seed Stage (Average Ticket Size)
$1.7 Mn
THE PEOPLE WHO DEFINED 2021 Inc42's Annual List Of Newsmakers

Vijay Shekhar Sharma

Falguni Nayar

Narendra Modi

Sanjay Bhargava

Deepinder Goyal

Girish Mathrubootham

Kunal Shah

Bhavish Aggarwal

Parag Aggarwal

Sridhar Vembu
India's Top 20 VC Funds

98 Deals

88 Deals

74 Deals

72 Deals

58 Deals

52 Deals

51 Deals

51 Deals

49 Deals

49 Deals

35 Deals

31 Deals

30 Deals

30 Deals

29 Deals

27 Deals

26 Deals

22 Deals

21 Deals

20 Deals
2021'S TOP ANGEL INVESTORS

Kunal Shah
62 Deals

Ritesh Malik
20 Deals

Ramakant Sharma
19 Deals

Jitendra Gupta
13 Deals

Sujeet Kumar
13 Deals

Binny Bansal
12 Deals

Gaurav Munjal
11 Deals

Vijay Shekhar Sharma
11 Deals

Anupam Mittal
11 Deals
INC42'S 2021 IN REVIEW SERIES
We are thankful for our community of
innovative entrepreneurs, co-investors, business partners and staff for another year to remember.
We wish you a safe, healthy and happy holiday season.