Start-ups raise the roof in 2021 business journal

Risk investors have been pumping money into Indian start-ups at a high speed this year. Another report shows they invested more in the first half of 2021 than they did in all of 2020. The pandemic is unquestionably a factor, but so is the parade of IPOs that is around the corner.

Indian start-ups brought $12.1 billion up in first 50% of 2021. Indian start-ups raised $12.1 billion from investors and private value firms in the first half of 2021, data compiled by Venture Intelligence.

The frenetic fundraising led to creation of 16 unicorns, including BrowserStack, Cred, ShareChat, Meesho, Urban Company, PharmEasy, Zeta, ChargeBee, Gupshup, Groww and Moglix. Nine start-ups acheived unicorn status in the entire of 2020, while eight were made in 2019, the data showed.

Initial parade, quite a few tech start-ups are peering toward a public market listing this year, increasing bullishness among investors. Zomato will lead the way with an IPO not long from now, trailed by Paytm, Nykaa and PolicyBazaar later this year. The pandemic has accelerated digital adoption by three of four years, said Anup Jain, managing partner at Orios Venture Partners.