Accelerator fund 9Unicorns is charting a much more aggressive investment year after closing 2021 on a high note. In 2021, the fund had a 3x increase in the number of deals at 101 deals as early-stage investments picked up pace in India. It invested in 32 deals in 2020, which was also the fund’s first year of operation. For 2022, the fund intends to invest in 150 startups.
During the year, 9Unicorns invested in 90-odd startups with a total round size of $465 million. On a standalone basis, 9Unicorns invested a total amount of $32 million.
The $100 million fund,