The 10 most active European and US investors betting on India as Asia's tech powerhouse, as it hits 100 startups worth $1 billion or more
The country hit a milestone of 100 unicorns in 2022 — a sign of its growing momentum.
The region, often billed the Silicon Valley of India, is a hub for founders and investors. Western venture capital brands such as Accel, Sequoia, and Bessemer Venture Partners have all set up shop in the city. In 2021, startups in India attracted a record $49.9 billion in funding, with nearly 75% of investor funds coming from Europe and the US,. The data also shows foreign investors plugging bigger rounds of over $100 million since 2018.
Funding from US and European HQ'd investors into Indian startups. 2021 was a banner year, with nearly 75% of the total funds into Indian startups coming from foreign investors.A tech crackdown in its neighbouring competitor China has also helped India's cause, with more investors pivoting to the region as an alternative Asian hub.
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