Tech Start-ups: Quarterly Investment Factbook-Q1CY2022

The past year saw the largest addition of Unicorns in India and was a turning point in the start-up ecosystem. Along with the popular FinTech, EdTech, and HealthTech players, we also have several one-of-its-kind startups registering themselves in the coveted Unicorns' list. Based on the above trend, here’s ‘Tech Start-ups: Quarterly Investment Factbook’ jointly created by PGA Labs and NASSCOM that analyses startups deals in Q1 CY22.

As per the report, the tech startup ecosystem received a major boost with the formation of 15 unicorns during Q1 CY22. Enterprise Tech has emerged as the top-funded vertical, followed by fintech.

Key excerpts from the report:

• Large ticket sizes of deals helped in total funding of US$ 7.2B in Q1 CY2022. The tech startup ecosystem received a major boost with the formation of 15 unicorns during the quarter. Enterprise tech has emerged as the top-funded vertical, followed by fintech.
• 7 out of 15 Unicorns added in Q1 CY22 are from enterprise tech, fintech & SCM & logistics
• The number of deals closed in Q1 CY22 increased by 34% when compared to Q4 CY21
• Percentage of funding in large funding rounds reduced from 68% to 58% in Q1 CY22