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Is India on Its Way to Become the Silicon Valley of the World?

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Is India on Its Way to Become the Silicon Valley of the World?

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16 April 2022

By Varun Sarin

As India emerges from the shadows of the pandemic, the startup landscape of India is bustling with growth. Between October to December last year, Indian startups raised over $7 Billion in funding.

Such huge surges in growth-stage funding and long-term investments, coupled with a few other favourable factors soon made 2021, the year of unicorns in India. Looking at the funding raised in Q4, FY 21-22, one can only predict that this year might be even better. Today, with a steadily growing list of unicorns, India is the 3rd largest unicorn hub in the world, right behind the USA (which has over 500) and China.

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