Orios Venture Partners also advised founders of its portfolio companies to close deals with investors and avoid waiting for better offers as there might not be any
According to the data collected by the CB Insights on startups around the world, there are more than 500 unicorn startups in the world, valued at $1 billion or more, as of November.
The top 20 deals, including Affirm, Mobikwik and One97, raked in 67 percent of the total funding to payments technology companies in the first three quarters, it added.
As per a research report by CB Insights the number of tech unicorn exits (via IPO or M&A) exceeded the birth of such companies for the first time in six quarters.
The investments in the September quarter this year were however much higher than USD 584 million seen in the previous three months -- April-June, 2016.