India- 2nd in Global Investment in Digital Shopping in 2021

Published on March 11, 2022
Current Context: As per the London & Partners analysis of Dealroom. co-investment data, India is the second-largest global venture capital investment hub for digital shopping companies.
India- 2nd in Global Investment in Digital Shopping in 2021
  • This sector of India has increased by 175% i.e. USD 8 billion in 2020 to USD 22 billion in 2021.
  • The list is topped by the United States.
  • In India, Bengaluru has topped among the cities with USD 14 billion worth of venture capital investment in digital shopping for 2021.
  • As per the report, the demand for online shopping has increased during a series of lockdowns in the world due to the spread of pandemics.
  • India and the UK are two of the world’s leading hubs for digital shopping companies and have the highest global investment and unicorns.

Question: 

Q.1 What is the rank of India in London & Partners analysis of Dealroom. co-investment data for global venture capital investment hub for digital shopping companies?
a. 3rd
b. 2nd
c. 5th
d. 4th

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