News > 16 unicorns, $11bn funding: Indian startups rise sans Chinese money
16 unicorns, $11bn funding: Indian startups rise sans Chinese money
Orissa Post | 25/07/2021 03:57 PM | Click to read full article
The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt.
With 16 unicorns (startups with a valuation of over $1 billion) and more than $11 billion in funding, chiefly from the US-based investment firms (till June-end), the year 2021 has proved that Chinese investment is no longer needed in a ‘self-reliant’ India amid the new normal.
