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Funding alert: Startups that raked in moolah in the new year


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The Tech Panda takes a look at recent funding events in the ecosystem.

As 2022 starts, many startups raked in moolah in the new year. According to a latest report conducted jointly by London & Partners and dealroom.co, global tech VC investment into startups hit a record level of US$675 billion in 2021, doubling the previous all-time high of US$340.6 billion in 2020.

The investments in 2021 were led by the US at US$328.8 billion followed by China at US$61.8 billion and India coming in third with a US$44.6 billion funding into the sector. Bengaluru made it to the top five leading VC investment hubs across the world accounting for US$18.6 billion of the global pie. Bengaluru also had a record year, producing 16 new unicorn companies.

Hemin Bharucha, Country Director, India, London and Partners said, “The ...


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