57K+ 

total capital raised by Indian startups between 2014 and H1 2022

$131 Bn 

$450 Bn+ 

250 Key Highlights

Today, India is home to the third-largest startup ecosystem, going by the number of startups and unicorns. The country is right behind two global superpowers – the US and China.

The Indian startup ecosystem has grown exponentially due to an increasing number of unicorns and a steady rise in venture capital inflow. Since 2014, annual VC funding to Indian startups has grown eightfold (8.4x, to be precise), from $5 Bn in 2014 to $42 Bn in 2021. Meanwhile, India’s unicorn population has grown around eighteenfold (17.5x, precisely), from 6 to 105 (until H1 2022).

To evaluate the impact of the Indian startup ecosystem on the overall economy, we need to map the growth trajectory, which has been accurately captured in our most recent release — The State Of Indian Startup Ecosystem Report, 2022.