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Track & Monitor
New and Future Unicorns Update, H1 2022
2021 was a blockbuster year with more startups entering the billion-dollar club than ever before. There were 1,170 unicorns with a valuation of approximately $4.4 trillion as of 30th June 2022. The unicorn boom for 2021 can be attributed to a funding frenzy fueled by the rapid adoption of technology and innovative offerings by startups in areas (such as EdTech, E-commerce, among others) gaining relevance due to Covid-19. A total of 523 companies from 2021 have maintained their unicorn status,...