[Weekly funding roundup] 6 unicorns and $2.5B investments in one week creates new record
The second week of April 2021 was unprecedented for the Indian startup ecosystem — not only for the quantum of venture funding, but also the speed at which new unicorns emerged.
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The Indian startup ecosystem broke all records after
six startups turned unicorns and $2.5 billion of venture funding was raised in just one week. This unprecedented week set the stage for the remaining nine months of this year to create new benchmarks.
To put it in context, the funding worth $2.5 billion for the second week of April actually accounts for