In the first 40 days of 2022, India has indeed added 7 new startups to the prestigious $1 billion valuation club.
Polygon (blockchain), ElasticRun (B2B Commerce), Fractal (advanced analytics), LEAD (edtech), Darwinbox (HRtetech), Livspace (home interior and renovation), and Xpressbees (logistics) are among India’s newest unicorns.
Also Read: The National Start-Up Day Will Boost The Indian Economy To New Heights: This Is How
According to the Economic Survey tabled in Parliament, as of January 14, 2022, India does have 83 startup unicorns with a total valuation of $277.77 billion. The country got to add a record 44 unicorn startup companies in 2021, besting the UK to “emerge as the third-largest nation in terms of the number of unicorns after the United States and China, which provided 487 and 301 unicorns respectively in 2021,” according to the survey.
It’s phenomenal to see India’s start-up ecosystem flourishing so well!
Image Credits: Google Images
Sources: Times of India; Inc42; News18; +More
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This post is tagged under: Unicorns; Startups; Indian Startups; $1 Billion; Indian Startup Unicorns; ElasticRun; EDTECH; Deal share; Polygon (blockchain); ElasticRun (B2B Commerce); Fractal (advanced analytics); LEAD (edtech); Darwinbox (HRtetech); Livspace (home interior and renovation); Xpressbees (logistics); India; Trending; Business; Commernce; trending
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