The India Story

How India has become the third largest and youngest startup hub in the world!

India: The Booming Startup Hub!

Indian Startup Ecosystem: Quick Facts

>> India has the 3rd largest startup ecosystem in the world; expected to witness YoY growth of a consistent annual growth of 12-15%
>> India has about 50,000 startups in India in 2018; around 8,900 – 9,300 of these are technology led startups 1300 new tech startups were born in 2019 alone implying there are 2-3 tech startups born every day.

Indicators of Growth in the Startup Ecosystem

>> The pace of growth in the startup ecosystem has increased to 15% year-on-year in 2018, while the growth of the number of incubators and accelerators has grown to 11% Significantly, the number of women entrepreneurs stood at 14%, up from 10% and 11% in the previous two years.
>> Startups in the country have been able to create an estimated 40,000 new jobs over the year, taking the total jobs in the start-up ecosystem to 160-170,000.
>> Bangalore has been listed within the world’s 20 leading startup cities in the 2019 Startup Genome Project ranking. It is also ranked as one of the world’s five fastest growing startup cities.

Funding raised by Indian Startups in 2019

>> The Indian startups have gone on to raise sizeable ticket sizes from various global and domestic funds. The top 15 deals constituted about 40% of total deal value, demonstrating that most funds are valuing deal quality more than quantity.
>> Private equity deal volume in India rose for the second straight year, and while the average deal size declined slightly from the prior year, the total value of $26.3B in 2018 was the second-highest of the last decade.The number of deals greater than $50m increased from the previous year.

Indian Startups Funding Report 2019 by YourStory


Indian Startups Milestones 2019 by Inc42


Want to know more about Indian Startup Ecosystem?

NASSCOM Startup Reports and Publications

Zinnov Report: India Start-up Ecosystem – Traversing the Maturity Cycle

Govt. of India's Startup India Initiative

Startup India Foundation

News: Entracker

News: Inc42

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