NEW DELHI -- India's unicorns, which have been playing an outsize role in economic growth because of their ability to drive innovation and create jobs, amassed $1.86 billion from private equity and venture capital investors in the first six months of this year, according to the proprietary data compiled by DealStreetAsia.
The capital secured in the first half is, however, a 76% drop from the $7.78 billion that India's unicorns raised in the same period of 2022, as tightfisted investors are taking longer to close deals and displaying caution in leading investment rounds.
