DealStreetAsiaIndia unicorn fundraising dropped 76% in January-June 2023
Total of $1.86bn was amassed from private equity and venture capital investors
Mumbai's Churchgate Station. Tightfisted investors are taking longer to close deals in India and displaying caution in leading investment rounds. © Reuters
PRAMUGDHA MAMGAIN, DealStreetAsia
August 18, 2023 17:44 JST
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.