Start-ups in 2021:
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Numerous start-ups were added in 2021, over 600 more than what was added in the previous year.
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Start-ups raised USD 24.1 billion in 2021, a two-fold increase over pre-COVID levels.
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There was a 3X increase in the number of high value deals.
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About 50% of the deals had at least one India-domiciled investor.
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It said that more than $6 billion has been raised via public markets with 11 start-up IPOs in 2021.
Recommendations given by the Indian Tech Start-up Ecosystem report:
The report has suggested a few priority areas that can further fuel the growth of the startup ecosystem. These areas are:
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encouraging tech startups to innovate for India
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retaining the best digital talent in the country
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procurement reforms to enable startups scale
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creating avenues for attracting foreign investments into Indian start-ups and
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growing global thought leadership for “world-class from India”.