Indian start-ups’ valuation grows 2x to $330 billion in 2021: NASSCOM

Entrepreneurship
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A report by the apex industry body, NASSCOM, conducted in coordination with research firm Zinnov, stated that the start-up ecosystem saw a 2X gain in cumulative valuation from 2020 to 2021, with an estimate of $320 – $330 billion, demonstrating the sector’s development and recovery throughout the pandemic.

2021,which proved to be a breakthrough year for Indian start-up ecosystem has also created a huge wealth creation opportunity. A report by the apex industry body, NASSCOM, conducted in coordination with research firm Zinnov, stated that the start-up ecosystem saw a 2X gain in cumulative valuation from 2020 to 2021, with an estimate of $320 – $330 billion, demonstrating the sector’s development and recovery throughout the pandemic.

2021 churned out unicorns like no other year. The year saw the emergence of 42 unicorns across 18 sectors, third highest after USA and China, with a cumulative valuation of newly added unicorns standing at around $90 billion. Pipeline of potential unicorns expanded dramatically through 2021 reaching 135, and 6x increase in global unicorns, as compared to 2015.


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