Indian Startups raised US$24.1 Billion in 2021: Nasscom-Zinnov report

According to the report, the Indian startup ecosystem in the previous year witnessed an extraordinary growth, reaching the 2025 milestone in 2021.

Indian Startups raised US$24.1 Billion in 2021: Nasscom-Zinnov report
Photo by Avi Richards / Unsplash

Over 2,250 startups were added in the previous year, which is over 600 more than those added in 2020 said the recent report by Nasscom and Zinnow. This signals a steady growth in the Indian tech startup sector and its recovery and development throughout the COVID-19 pandemic.

The study titled, “NASSCOM Indian Tech Start-Up Report 2021 — Year Of The Titans’ noted that Startups in India raised US$24.1 billion in funding in 2021 — a three times increase in the amount raised when compared to the year before.