Valuation of Indian unicorns to rise manifold amid pandemic: Experts

Experts say large funding rounds and valuations demonstrate significant interest from global investors, including sovereign funds, private equity and crossover funds

With the coronavirus pandemic accelerating the adoption of technology and online services, Indian unicorn and soonicorn companies are witnessing multi-fold increase in their valuations in various funding rounds the past several months.

According to analysts and industry experts, the valuations of these companies especially in the area of e-commerce, fintech, edtech and software-as-a-service are expected to increase manifold or even double in some cases during the funding rounds for the rest of the year as well.

They said large funding rounds and valuations demonstrate significant interest from global investors, including sovereign funds, private equity and crossover funds. These investments reflect