Akshata Sharma
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1 out of every 3 unicorns in India are based out of Delhi NCR! Let's take a closer look at this burgeoning startup hub
Delhi NCR based startups have raised over $41 billion in funding since 2014.
In 2023, Delhi NCR saw 6 mega deals - including Lenskart's $600 Mn 2 mega deals. Additionally, InsuranceDekho raised $246.5 Mn across 3 rounds, with one being the major $150 Mn mega deal round.
Further, between 2014 and 2023, Delhi NCR startups secured 1,241+ deals. Apart from the mainstream sectors, the region has seen the emergence of some other key sectors on the investors' radar.
Within the Delhi NCR region, investor interest was found predominantly focussed on 6 sectors in 2023 ecommerce, fintech, enterprise tech, consumer services, edtech, and logistics.
In May 2024, Delhi NCR overtook Bengaluru to emerge as the highest-funded startup hub. Startups headquartered in Delhi NCR bagged $260 Mn in funding across 28 deals.
In 2022, Chief Minister Arvind Kejriwal unveiled the Delhi Startup Policy, outlining a series of initiatives geared towards streamlining entrepreneurship in the nation's capital to establish Delhi as the premier startup hub in India.
Looking ahead to 2030, the Delhi Startup Policy aims to position the city as a global innovation hub, making it the preferred location for startups
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