The start of 2016 witnessed the launch of the Start-up India initiative and a multitude of policies announced to help accelerate the growth of India’s startup ecosystem. The year witnessed the overall tech start-up base in India cross 4750, having grown at 10-12% YoY. Indian start-up ecosystem also became more prudent with both investors and start-up founders focusing on profitability and optimizing the overall spend.
The 3rd edition of the Startup Report details the maturing metrics of the Indian tech start-up landscape across cities, domain areas, funding, accelerators, talent profile and government policies.
India has around 4750 start-ups, with addition of 1400+ new start-ups in 2016 alone.
Ecommerce, Fintech, EduTech, HealthTech. Deep Tech start-ups also witnessed healthy growth in the year.
650+ startups funded in the year; USD 3.8-4 billion funding.
80+ M&As in the year, increasing trend of startups acquiring startups.
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