2021 was a milestone for India as 42 unicorns (startup company valued at over $1 billion) were added — the third highest in the world. The year saw a frenzy of PE/VC deals with a 3x growth in funds raised. The year saw a rise in the number of deals by around 58%, with the average deal size nearly doubling over the past year.
E-commerce and Fintech remained favourites of investors and bagged more than 50% of the funding share. Interestingly, food tech, online gaming and HR tech have seen a massive jump in deal size over the years
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