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The Great Indian Growth Story
555 districts with startups today vs 121 at the end of March 2017
42 unicorns in 2021 against a total of 37 in the 10 years before that
UPI accounted for ~67% of total transactions in 2021
Online shoppers in Tier-II cities have gone up from 2 million in 2010 to 60 million in 2021
From 733 new recognised startups in 2016-17 to 14,000 in 2021-22
VC Investments have grown from $3.9 billion in 2014 to $34.5 billion in 2021
Cost of data has come down from Rs. 268 per GB in 2014 to Rs 6.6 in 2021
54% of all funding went e-commerce and fintech startups in 2021
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Bigger deals, higher valuations—India’s early-stage startups overvalued, says InnoVen Capital report
The prolonged funding winter of Indian startups — How much longer will it last?
MapmyIndia declares dividend of Rs 3 per share after a strong growth in profit
Seven women-led Indian start-ups selected for TVARAN Acceleration Program
Startup IPOs need realistic valuation & profitability, say experts
Startup Digest: Centre likely to call meeting with e-pharma Cos, Musk says Twitter is roughly breaking even & more
Indian SaaS startups set liberal growth targets, even as global majors look at cost cuts
No real effect on fund raising plans of portfolio firms: Info Edge on angel tax changes
FICCI–Randstad hiring survey: Early-stage startups look to increase workforce in 2023
New mutual fund rules to make investments unattractive for foreign investors: Former NASSCOM chief
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