NEW DELHI :
For the primary time, 14 sectors acquired over $1 billion every in investments in 2021, with tech and monetary providers cornering a lot of the investor capital, a report collectively revealed by trade physique IVCA (Indian Enterprise and Alternate Capital Affiliation) and consulting agency EY mentioned.
The tech sector, which threw up a number of unicorns, or personal corporations with a valuation of $1 billion, final 12 months, notched up over $16.3 billion in whole funding. This was adopted by e-commerce with $15.9 billion. These two sectors accounted for 42% of all of the investments in 2021, the report mentioned.
“This shift was pushed by a world pattern which noticed PE/VC (personal fairness and enterprise capital) funds favour investments in web and tech-enabled enterprise that noticed a steep ramp up in shopper adoption through the pandemic that shortened the sooner envisaged digital adoption cycle,” the report mentioned.
The monetary providers sector dropped to the third place, regardless of receiving a document $11.7 billion in funding after being a pacesetter over the earlier decade.
These prime three sectors had been adopted by infrastructure ($5.4 billion), actual property ($5.3 billion), media and leisure ($4.9 billion), training ($3.7 billion), prescription drugs ($2.3 billion), healthcare ($2 billion), retail and shopper merchandise ($1.95 billion), automotive ($1.74 billion), telecommunications ($1.42 billion), meals and agriculture ($1.27 billion) and logistics and transportation ($1.25 billion).
Supply: Live Mint