India added 1,300 active tech start-ups in CY2022, taking tally to 27,000

The country also added the second highest number of Unicorns, at 23 in CY2022, according to a Nasscom-Zinnov report

India added over 1,300 active tech start-ups to its ecosystem in calendar year 2022, taking the total tally to between 25,000-27,000, according to a recent report.

The country continues to be the world's third largest tech start-up ecosystem.

The Nasscom-Zinnov Indian Tech Start-up Landscape Report 2022 found that India added the second highest number of Unicorns – companies with a valuation of at least $1 billion – in the world, with over 23 added in CY2022.

Simultaneously, the potential pipeline of Unicorns expanded to over 170, growing at a pace equivalent to 2021.

“Navigating from an era of abundance to