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Just four unicorns emerge from 450 Indian startups in the blockchain and metaverse space

Shortpedia

Content Team
Image Credit: FPJ

India now has more than 450 active Web3 startups, with four unicorns, that have raised $1.3 billion funding (till April 2022), a Nasscom report said on Wednesday. Currently, India is home to over 11 per cent of the global Web3 talent, making the country the third largest Web3 talent pool worldwide. Between 2021-2022, India registered over 170 new Web3 startups, yielding over 50 per cent CAGR growth since 2015.