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China - India adds 23 new unicorns in 2022, overtakes China for the second consecutive year: Report

This means that funding to startups in non-metros grew to 18 per cent of the total inflows share

India Added 23 Unicorns In 2022, Overtook China 2nd Year In A Row: Report

India overtook China by adding 23 unicorns in 2022 while the neighbouring country created 11 such startups with valuation of USD 1 billion or more, according to a report released on Wednesday.

Early-stage investment in India to grow as gaming, EVs & AI top picks

As overall VC funding squeezes into global economic meltdown, investors are expected to double down on.

India Adds 23 New Unicorns In 2022, Overtakes China For The Second Consecutive Year: Report

According to the IVCA president Rajat Tandon, over the years, the alternative investment asset class has demonstrated remarkable resilience. While 2022 marked a year that heralded PEs/VCs to adapt in the face of unprecedented challenges, it also went on to see record fund-raising and all-time high available dry powder.

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