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    <author>ENA</author>
    <category>Sectors</category>
    <date>2022-02-11 10:39:25</date>
    <fulldesc>&lt;p&gt;&lt;strong&gt;New Delhi, Feb 11 (KNN)&lt;/strong&gt; As many as 14 new startups entered the unicorn club in Q4 2021 out of which 6 are from retail tech and fintech sector, as per a report by National Association of Software and Services Companies (NASSCOM) and Praxis Global.&lt;/p&gt;&#13;
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&lt;p&gt;A unicorn is a startup with a valuation of over USD 1 billion.&lt;/p&gt;&#13;
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&lt;p&gt;The study reveals that Indian startups have raised USD 7 billion in Q4FY21 which makes it 18 per cent higher than the previous quarter.&lt;/p&gt;&#13;
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&lt;p&gt;According to the report, funding continued to be strong and steady, and about USD 7.2 billion funding was received in this quarter. &lt;/p&gt;&#13;
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&lt;p&gt;On a quarter-on-quarter basis this was 18 per cent higher which led to strong acceleration both in the volume and the multiplicity of the startups in CY21, it said. &lt;/p&gt;&#13;
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&lt;p&gt;The global investors community showed their string interest in fintech as it gained further traction. &lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>28359</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/14-startups-entered-unicorn-club-in-q4fy21-nasscom-praxis-report</link>
    <pubDate>2022-02-11 10:39:25</pubDate>
    <source>knnindia.co.in</source>
    <title>14 startups entered unicorn club in Q4FY21: NASSCOM &amp; Praxis report</title>
</root>
