Overall $11.5 Bn was invested in the Indian startup ecosystem in 2020, with unique investor participation recovering after dipping since 2018
Sequoia Capital participated in as many startup deals as the next two most active VCs — Accel Partners and Tiger Global — combined
While 11 new unicorns were seen in 2020, seed stage investments have shown the biggest improvement as seen in Inc42 Plus’ mini report
Despite the pandemic and the lockdown, the growth of Indian startups remained unfettered in 2020. The ecosystem grew up to be the third largest startup ecosystem in the world, with a new startup entering the unicorn club practically every month. According to Inc42 Plus estimates, there are currently 38,815 active startups in India, of which 1,050 were launched this year.
The Indian startup ecosystem has also grown to a group of 42 unicorns, with many firsts like vernacular content-focused Dailyhunt, vertical SaaS startup Zenoti, car marketplace Cars24 and many more. In terms of…