The
second quarter of CY22 witnessed the birth of 4 new unicorns in the start-up
ecosystem, taking the tally to 20 unicorns in H1. Along with the popular
FinTech, EdTech, and HealthTech, the report also sheds light on several
innovative and one-of-its-kind startups registering themselves in the coveted
unicorn list.
As
per this report, 16 large ticket size deals helped generate total funding of
~USD 6B in Q2 CY22. FinTech has emerged as the top-funded vertical, followed by
Media & Entertainment in the quarter.
As
compared to the last quarter, there has been a slight dip in terms of funding
among the startups, owing to the macro-economic slowdown. However, sectors such
as fintech, media, and entertainment are the highest funded verticals this
quarter, attracting ~45% of total funding by value . Moreover, despite of
decrease in the total number of deals, the number of large deals (>USD 100M)
remained constant, indicating investor preference toward already scaled
start-ups.