News > Startups: The rise of a new asset class for our wealthy
Startups: The rise of a new asset class for our wealthy
LiveMint | 22/10/2021 08:09 AM | Click to read full article
India is a hotspot for startups. This year alone, Indian startups have raised more than $23 billion, spread over 1,000+ deals, with 33 startups entering the coveted unicorn club.
Investors have displayed a willingness to risk more money on fledgling businesses, as the average deal size has doubled to $35 million, with Zomato’s success in raising funds as the gold standard.
