Quarterly Tech Start-ups Factbook Q2 CY22

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.