02 © Inc42 Media | not for distribution sample
02©
Inc42
Med
ia |
no
t fo
r d
istr
ibutio
n
sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n
foreword
!"#$%&' ()' ("*&*' +#,()-&.' /$01#' "#&' *2*-3*0' #&' #' -)4*'
2)0*4' +)-' ("*' 5)-40.' 0*2)$&(-#(1$3' ("*' 6)5*-' )+'
(*,"$)4)37'#$0'1$$)8#(1)$'("-)93"'1(&'&(#-(96&:';"#(' 1&'
$**0*0' $)5' 1&' "13"*-' 69<41,' 1$8*&(2*$(' 1$' =>?' #('
9$18*-&1(1*&'#$0'2)-*'/$01#$&'6#-(1,16#(1$3'1$'("*'&(#-(96'
*,)&7&(*2.'*&6*,1#447'("-)93"'1$8*&(2*$(&:
@$(14' $)5.' /$01#' 4#,%*0' #' ,)26-*"*$&18*' -*6)-(' )$' 1(&'
&(#-(96'*,)&7&(*2'5"1,"'5)940'#,('#&'#'8#49#<4*'3910*'
+)-'8#-1)9&'&(#%*")40*-&'A'+-)2'1$8*&()-&'#$0'+)9$0*-&'
WR� WKH� JRYHUQPHQW� DQG� XQLYHUVLWLHV�� ,QF��� KDV� ¿OOHG� LQ�
("1&'3#6'51("' 1(&'B(#(*')+' ("*' /$01#$'B(#-(96'C,)&7&(*2'
DEFG' -*6)-(.' 5"1,"' &")5,#&*&' ("*' *,)&7&(*2' 1$' 1(&'
*$(1-*(7.',)264*(*'51("'-1,".'96H()H0#(*'0#(#:'!*#2'/$,ID'
0*&*-8*&' ()' <*' 4#90*0' +)-' ("1&' 3-*#(' *++)-(' #$0'#$7)$*'
5")'"#&'#$' 1$(*-*&(' 1$' ("*' /$01#$'&(#-(96'*,)&7&(*2'A'
6*-&)$#4' )-' 6-)+*&&1)$#4'A' &")940' 3-#<' #' ,)67' )+' ("1&'
-*6)-(:
/$01#'"#&'#$'*$81#<4*'&(#-(96'*,)&7&(*2'A'#2)$3' ("*'
("-**'4#-3*&('1$'("*'5)-40:'/(&'&1J*.'-*#,".'#$0'126#,('"#&'
"#0'#' (-#$&+)-2#(1)$#4'*++*,(')$' ("*',)9$(-7:'!"*' ("1-0H
4#-3*&(' *,)$)27' 1$' ("*' 5)-40' K1$' LLLM' 1&' 1$,-*#&1$347'
2#%1$3'1(&'6-*&*$,*'+*4(')$'("*'34)<#4'&(#3*:'/('"#&'2)-*'
("#$' I:N'O$' 6*)64*' *264)7*0' 1$' ("*' (*,"' &*,()-.' )8*-'
FEE.EEE' (*,"',)26#$1*&.'PFDQ'R$' 1$'&)+(5#-*'*S6)-(&.'
#$0' )8*-' DNE.EEE' "13"47H&%144*0' *$31$**-&' 3-#09#(1$3'
*8*-7'7*#-:'
T8*-' ("*' 4#&(' +)9-' 7*#-&.' ("*' /$01#$' 3)8*-$2*$(' "#&'
,)2*')9('51("'&)9$0'6)41,1*&'()'#,,*4*-#(*'("*'3-)5("')+'
(*,"' &(#-(96&.'5"1,"' #-*' ,)$(-1<9(1$3' 122*$&*47' ()' )9-'
*,)$)27:'O#$7'&(#(*'3)8*-$2*$(&.'()).'"#8*'69('&(#-(96'
6)41,1*&'1$'64#,*:';*U-*'$)5'&**1$3'#'2#&&18*'3-)5("'1$'
&(#-(96&'1$'2#$7',1(1*&'#,-)&&'/$01#.')9(&10*')+'R*$3#49-9.'
?*4"1.'#$0'O92<#1:'!"*',)9$(-7'1&'51($*&&1$3'#$'96&9-3*'
)+' 7)9$3' (*,"' *$(-*6-*$*9-&.' #,,*4*-#(1$3' ,"#$3*.'
126-)81$3'6-)09,(181(7.'#$0'4*#01$3'3-)5(":
!"*' 3-)5("' )+' &(#-(96&' 1&' <*1$3' #10*0' <7' ("*' -1&1$3'
6*$*(-#(1)$')+'/$(*-$*('1$'("*',)9$(-7:'/$01#'*$V)7&'#'"93*'
51-*4*&&'$*(5)-%'A'51("'#'"13"'<#$0510("'A'#,-)&&'("*'
,)9$(-7:'!"*',)&(&')+'0#(#'64#$&'#-*'#2)$3'("*'4)5*&('1$'
("*'5)-40.' *$#<41$3'*8*-7' ,1(1J*$' ()'<*'$*(5)-%*0:'!"*'
126#,(' )+' ("*' /$(*-$*(.' 5"1,"' 1&' <-1$31$3' )9-' ,1(1J*$&'
)$41$*.',)964*0'51("'IE.EEE'&(#-(96&',)26*(1$3' ()')++*-'
("*2'&*-81,*&'#$0'6-)09,(&.'51("1$'&9,"'#'&")-('(12*.'1&'
9$6-*,*0*$(*0'1$'"92#$'"1&()-7W
TV Mohandas Paichairman | Aarin Capital Partnerssample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n
Indian Startup Ecosystem: An Overview History of Indian Startup Ecosystem Funds, Funders, and Funding: An Overview The Unicorns & The Soonicorns��0UÅ\LU[PHSZ!�0UKPHU�:[HY[\W�,JVZ`Z[LT�0UÅ\LUJLYZ�42Next: India’s Most Innovative Startups;OL�9VHKISVJRZ2020: The Road Ahead
volume
Indian Startup Hubs: A Deep Dive Into the Top 14 Hubs0UKPH�(UK�;OL�>VYSK!�:[HY[\W�*VYYPKVYZ
volume
:LJ[VYHS�6]LY]PL^!�(�+LLW�+P]L�0U[V�[OL�;VW����:LJ[VYZEcosystem Entities: Understanding the 8 entitiesEcosystem Sentiment: The Survey
volume
sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n
v1vv1vv
Executive Summary
Introduction ! "#! "$%!&%'#("
India | )!*(+%, !-+."#(/!012!3+4%5 +1%
Indian Economy | )!*(+%, !67%(7+%8
Indian Economy +1! "$%!95#:05 !;012.<0'%
A Definit ion
History of Indian Startup Ecosystem
Funds, Funders, and Funding | )1!67%(7+%8
42Influentials | =12+01!>"0("?'!@<#./."%4!=1, 5?%1<%(.
42Next | =12+0A.!B#."! =11#70" +7%!>"0("?'.
The Unicorns
The Soonicorns
The Roadblocks
2020 | 3$%!!)$%02
B%"$#2#5#C/
*+:5 +#C(0'$/
01
03
07
14
21
26
28
32
40
62
78
94
111
112
113
114
cont
ents
tabl
e of sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n02
Coworking spaces in India
Investors active in Indian startup ecosystemcurrently
Startups that have been acquired between January 2015—September 2018
2 0 0 +
2 , 0 0 0 + 4 9 5
4 9 , 0 0 0
3 9 , 0 0 0
$ 3 8 . 5 B n
3 , 7 1 3
2 5 0 +
Total number of startups launched in India till date
Total number of startups operational in India currently
Total funding raised by Indian startups between January 2014—September 2018
Total deals in the Indian startup ecosystem between January 2014—September 2018
Incubators & accelerators supporting Indian startups
Total value created by Indian startups
2 6
3 1
Number of unicorns in India
Soonicorns that have the potential to attain unicorn status
by 2020
$ 1 3 0 B n
sample
18
2022!"#$%&'()*+
projections
P O P U L AT I O N
I N T E R N E T U S E R S
S M A R T P H O N E U S E R S
M O B I L E S U B S C R I B E R S
I N D I A N E C O M M E R C E M A R K E T
IN
MIL
LIO
NS
2 0 1 7 2 0 2 2
1,300
500 900
337 491
1,168 1,400
$50,000 $72,000
1,400sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n33
1,000
1,200
1,400
0
200
400
600
800
10
12
14
0
2
4
6
8
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
N U M B E R O F D E A L S F U N D I N G A M O U N T
!"#$# %!#&'(
(Bn)
oct-de
cprojected
IN B
ILL
ION
Ssample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n02
unicorns2 6$ 2 3 . 7 2 B n
JVTIPULK�]HS\H[PVU
[V[HS�M\UKPUN�YHPZLK
$ 7 3 . 4 9 B n
ecommerce5SVNPZ[PJZ�c�LU[LYWYPZL[LJO�3TO
P S
EC
TOR
S 6 consumer services
)LUNHS\Y\1 0*OLUUHP2TOP
CIT
IES
1 3 +LSOP�5*9
sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n0101
%HQJDOXUX0XPEDL'HOKL�1&5
11,0009,0008,500
WRS���VWDUWXSKXEVsample
18
AREAPOPULATIONNUMBER OF ACTIVE STARTUPSNUMBER OF ACTIVE INVESTORSNUMBER OF INCUBATORSKEY SECTORSCITY CLUSTERSPROS
CONS
02'HOKL�!"#
54,984 sq km (CNCR)46.07 Mn8,500+300+20+,JVTTLYJL��JVUZ\TLY�ZLY]PJLZ��ÄU[LJO
.\Y\NYHT��5VPKH��.OHaPHIHK��-HYPKHIHK��+LSOP
A cluster of 5-6 cities with great market potential; ILPUN� [OL� JHWP[HS�� +LSOP� ILULÄ[Z� PU� [LYTZ� VM�
implementation of policies and infrastructure development/LH]`� [YHɉJ"�WVSS\[PVU"�OPNO�JVZ[�VM� SP]PUN"�KLZWP[L�
the NCRPB Act, there is a disconnect in terms of policies as the cluster cities are regulated as per their respective states
$%&'()*$&*$+&,&-./0.'*$)-$12%13'/0'405/)
Noida
Faridabad
Gurugram
Delhi
.OHaPHIHKsample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n19
7KH�&1&5�DOVR�KDSSHQV�WR�EH�WKH�SRZHU�FHQWUH�RI�WKH�FRXQWU\��,W�LV�KRPH�WR�GHSDUWPHQWV�OLNH�WKH�
'HSDUWPHQW� RI� ,QGXVWULDO� 3ROLF\� DQG� 3URPRWLRQ� �',33�� DQG� WKH� 'HSDUWPHQW� RI� 6FLHQFH� DQG�
7HFKQRORJ\��'67���ZKLFK�DUH�FORVHO\� LQYROYHG�ZLWK� WKH�VWDUWXS�HFRV\VWHP�� ,W� LV�DOVR�WKH�EDVH�RI�
QDWLRQDO�LQYHVWPHQW�SURPRWLRQ�DQG�IDFLOLWDWLRQ�DJHQF\�,QYHVW�,QGLD�DQG�JRYHUQPHQW�WKLQN�WDQN�1,7,�
$D\RJ�� ZKLFK� DFWLYHO\� SDUWLFLSDWH� LQ� DQG� RUJDQLVH� D� QXPEHU� RI� VWDUWXS�UHODWHG� HYHQWV�� 7KLV� LV�
DQRWKHU� UHDVRQ� IRU�PDQ\�VWDUWXSV�GHDOLQJ�ZLWK�H�JRYHUQDQFH�DQG� UHODWHG�VHUYLFHV� WR�FKRVH� WKH�
!"#$%&'()'*+"$!',()"-
:LWK�D�QRPLQDO�*6'3��HVWLPDWHG�DW�,15������/DNK�&U�IRU���������DQG�UHFRUGLQJ�DQ�DQQXDO�JURZWK�
RI�������WKH�HFRQRP\�RI�'HOKL�LV�WKH���WK�ODUJHVW�DPRQJ�VWDWHV�DQG�8QLRQ�WHUULWRULHV�LQ�,QGLD�
&RQVWLWXWHG� RQ� 0DUFK� ���� ������ WKH� 1DWLRQDO�
&DSLWDO� 5HJLRQ� 3ODQQLQJ� %RDUG� �1&53%�� ZDV�
IRUPHG� XQGHU� WKH� SURYLVLRQV� RI� WKH� 1DWLRQDO�
&DSLWDO�5HJLRQ�3ODQQLQJ�%RDUG�$FW��������$PLG�
'HOKL¶V�VSLUDOOLQJ�SRSXODWLRQ�DQG�GHDWKO\�SROOXWLRQ��
SUHFLSLWDWHG� E\� DQ� LQFUHDVLQJ� QXPEHU� RI�
FRPSDQLHV� RSHQLQJ� WKHLU� RI¿FHV� LQ� WKH� QDWLRQDO�
FDSLWDO�� WKH� LGHD� ZDV� WR� GHYHORS� 'HOKL�OLNH�
LQIUDVWUXFWXUH�DQG�HFRV\VWHP�LQ�WKH�QHDUE\�DUHDV�
²�D�UHJLRQ�RI�JOREDO�H[FHOOHQFH�LQ�EXVLQHVV�
7KH�'HOKL�0HWURSROLWDQ�$UHD��'0$���ZKLFK�HDUOLHU�
������UHJLRQDO�SODQ��LQFOXGHG�*KD]LDEDG��1RLGD��
.(!$/(,(/0'12!2#!(30'4(+(/2!#(!+0'(&/'52&/6$0'
KDV�QRZ�EHHQ�UHQDPHG�DV�WKH�µ&HQWUDO�1DWLRQDO�
&DSLWDO� 5HJLRQ¶� �&1&5�� XQGHU� WKH� ����� SODQ��
7KH�&1&5��FRPPRQO\�UHIHUUHG�WR�DV�'HOKL�1&5��
FRYHUV�DERXW�������VT�NP�LQ�DGGLWLRQ�WR�WKH�������
VT�NP�RI� WKH�1DWLRQDO�&DSLWDO�7HUULWRU\��1&7��RI�
7"6+$-
$FFRUGLQJ�WR�WKH������HGLWLRQ�RI�WKH�*OREDO�0HWUR�
0RQLWRU�UHSRUW��1&7�'HOKL�KDV�EHHQ�UDQNHG�LQ�WKH�
VL[WK� SODFH� DPRQJ� WKH� EHVW�SHUIRUPLQJ�
3"*!%8%6$*(&'"9%&%3$")'$&'*+"':%!6/-';+"'!")*'%<'
*+"'=&/$(&'9$*$")' $&'*+"'!"8%!*'+(>"',""&'!(&?"/'
PXFK� ORZHU� ²� +\GHUDEDG� ������ 0XPEDL� ������
%HQJDOXUX�������HWF��
7KH� &1&5� LV� KRPH� WR� VRPH� RI� ,QGLD¶V� EHVW�
LQVWLWXWLRQV�²�'HOKL�8QLYHUVLW\��-DZDKDUODO�1HKUX�
8QLYHUVLW\��,,7�'HOKL��$,,06��0',��,07�*KD]LDEDG�
DQG� PRUH�� 1R� ZRQGHU�� GHVSLWH� WKH� H[WUHPH�
96$3(*"0' !$)$&#' 8%662*$%&0' (&/' $&9!"()$&#' 9!$3"'
!(*"0'*+"'!"#$%&'!"3($&)'%&"'%<'*+"'<(>%2!$*")'%<'
)*(!*28)-
ecommerce
consumerservices
f intech
enterta inment tech
19%
13%
10%
8%enterpr iseappl icat ions
healthtech
edtech
onl ine travel
enterpr ise serv ices
7%
7%
6%
6%
6%
real estate4%
logist ics4%
transport3%
others7%
sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n20
Another CNCR region worth mention is Gautam Buddha Nagar, popularly known as Noida, a city in the state of Uttar Pradesh, adjoining south Delhi. Noida, another hitech city in the CNCR, houses the headquarters HUK�IYHUJO�VɉJLZ�VM�H�SHYNL�U\TILY�VM�JVTWHUPLZ�PUJS\KPUN�[OL�SPRLZ�of IBM, HCL, Wipro, Dell, Ericsson, and the NTPC.
One of the best realty destinations in India, Noida is also a media and LU[LY[HPUTLU[� O\I�^P[O� KVaLUZ� VM�TLKPH� JVTWHUPLZ�� PUJS\KPUN� UL^Z�channels WION, Zee News, NDTV, TV Today group, Network 18, and newspaper companies such as Amar Ujala, Dainik Bhaskar, and The Times of India operate from Noida.
Noida is equally famous for being a higher education hub. This small JP[`� OHZ�TVYL� LUNPULLYPUN� HUK�THUHNLTLU[� PUZ[P[\[LZ� [OHU� H� KVaLU�states combined.
The city, thus, provides a good ecosystem for startups and is home to decacorn and unicorn Paytm and Paytm mall.
Situated in the remains of the Aravali Hills, Gurugram happens to have one of the best smart city infrastructures in India, something that has propelled it into becoming a unicorn hub.
Initially a base for BPOs in the post-IT/ITeS revolution in India, startup fever caught on in the city in early 2000 when Gurugram became a preferred base for new and upcoming online travel aggregators (OTAs). ;OH[�`LHY��4HRL4`;YPW��^OPJO�^HZ�MV\UKLK�HZ�HU�6;(��ZL[�\W�P[Z�VɉJL�in Gurugram, followed by OTAs such as Cleartrip (2006) and Ibibo group (2007).
The year 2008 saw the founding of foodtech startup Zomato, which went on to change how people pick restaurants and order home delivery. The city later witnessed the startup stories of India’s newly emerged unicorns ·�7VSPJ`IHaHHY� ���� ���:OVW*S\LZ��������+LSOP]LY`� ��������HUK�9P]PNV�(2013).
Soon, Gurugram’s Golf Course Road and Sector 44 became a favourite centre for startups. While Sector 44 is home to startups such as ShopClues, Cashkaro, and Rivigo, Golf Course Road was picked by WeWork, Ixigo, ReNew Power Ventures, and MakeMyTrip.
4HU`� SHYNL� JVTWHUPLZ� Z\JO� HZ� 4HY\[P� :\a\RP�� .VVNSL�� :HTZ\UN�India, Micromax, and Chevrolet India, are also based out of Gurugram, providing much needed corporate support to startups.
The once-agricultural land (before the 1970s) of Gurugram, with its famous DLF Cyber City, great digital infrastructure, and metro network, is now a Millenium City in many aspects.
1&5��*XUXJUDP $%&'10/67-0'%13
1RLGD$%&',&5/)'6/$8
sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n21
JRYHUQPHQW�LQLWLDWLYHVDQG�SROLFLHV
3URPRWH� WHFKQRORJ\�H[SHUWLVH� UHVRXUFLQJ� DQG� LQFXEDWLQJ�WHFKQRORJ\�DQG�EXVLQHVV�LGHDV@!%>$/"':%!?)8(9")'<%!')*(!*28)'HYHORS�D�PHQWRU�QHWZRUN�RI�HQWUHSUHQHXUV��WHFKQRORJ\��DQG�PDQDJHPHQW�H[SHUWV.(9$6$*(*"' )*(!*28' <2&/$&#' <!%3' >"&*2!"' 9(8$*(6$)*)0' (&#"6)0'EDQNV��DQG�1%)&V
)LQDQFLDO�DVVLVWDQFH�LQ�WKH�IRUP�RI�ORDQV�RI�XS�WR�,15���/DNK����VXEVLG\�RI�WKH�SURMHFW�FRVW�VXEMHFW�ZLWK�WKH�FHLOLQJ�RI�,15�������SHU�"&*!"8!"&"2!,15�������/DNK�KDV�EHHQ�GLVEXUVHG�WR����EHQH¿FLDULHV�GXULQJ��������3ODQV�WR�SURYLGH�¿QDQFLDO�DVVLVWDQFH�WR����XQLWV�GXULQJ��������:RPHQ� (QWUHSUHQHXUV¶� &HOO� VHW� XS� WR� KHOS� ZRPHQ� HQWUHSUHQHXUV� LQ�JHWWLQJ�WKHLU�FDVHV�FOHDUHG�RQ�SULRULW\
6HW�XS�LQ������WR�IRVWHU�DQG�SDYH�ZD\�IRU�FRPPHUFLDOLVDWLRQ�RI�VWDUWXSV$�7%,�XQLW�KDV�EHHQ�ODXQFKHG�WR�SURPRWH�QHZ�WHFKQRORJ\�VWDUWXSVA2&)' (&' $&92,(*$%&' 8!%#!(33"' (&/' 8!%>$/")' <2&/$&#' )288%!*' *%')+%!*6$)*"/')*(!*28)B%3"&' C&*!"8!"&"2!)+$8' (&/' C38%:"!3"&*' +()' ,""&' )"*' 28' *%'HQFRXUDJH�ZRPHQ�HQWUHSUHQHXUV�²�LW�KDV�DOUHDG\�WUDLQHG�����ZRPHQ�LQ�XUEDQ�DQG�������LQ�UXUDO�,QGLD=*' +()' 9%66(,%!(*"/' :$*+' ;$C' <%!' ;$C' D%2&#' C&*!"8!"&"2!)0' (' #6%,(6'8!%#!(33"'<%!')9+%%6')*2/"&*)'%&'"&*!"8!"&"2!)+$8'(&/'>(!$%2)'()8"9*)'%<')"**$&#'28'(&/'!2&&$&#'(')299"))<26',2)$&"))'>"&*2!"
;OL�9HQP]�.HUKOP�:^HSHTIHU�9VaNHY�@VQHUH�WYV]PKLZ!
Some facts about the Foundation for Innovation and Technology Transfer, IIT-Delhi
The Delhi Startup Policy
The budgetary allocation for the Incubation
Policy in 2017-2018 was earmarked at INR 40
Cr with an aim to:
The NCT Delhi government has not yet released any fully startup-centric policy. However, in 2016, it approved the State Incubation Policy.
It is worth noting that the NCT Delhi policies are limited to NCT Delhi only and do not apply to the entire CNCR region.
(JJVYKPUN� [V� [OL� KYHM[� +LSOP� )\KNL[�� K\YPUN� ��������� Ä]L� UL^�institutions were selected for establishment of incubation centres. A total of 11 incubation centres have been set up at technical and higher education institutions/colleges.sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n24
ORRNLQJ�WKURXJK�WKH�IXQGLQJ�OHQVDelhi and the National Capital Region, including Gurugram, 5VPKH�� HUK� .OHaPHIHK�� OHZ� VIZLY]LK� H� [V[HS� VM� ���� )U�funding through 1119 deals in the period 2014 to September 2018. Funding has consistently fallen from Q1 2016 to Q4 2017 with an exception of Q2 2017 due to $1.4 Bn funding of Paytm. However, the trend has taken a positive turn in 2018 and have shown consistent growth throughout the year. 180%(5 �2) � '($/6
)81' ,1* �$02817
0
100
50
150
200
250
0
1
0.5
1.5
2
2.5
2014
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017
2016
2015
2018
727$
/�)
81',1
*�$
02817��%,/
/,2
16�
12�2
)�'
($/6 sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n25
Del
hico
mpa
nies
peop
le
inve
stor
s
enab
lers
9LMD\�6KHNKDU�6KDUPD97105&-':'";<=)8$,
5DMHVK�6DZKQH\97105&-''>?9':'400&-6%&(
6DQMHHY�%LNKFKDQGDQL"7+(7105&-40(7';5.&
6DLUHH�&KDKDO97105&-':'";<'?%&-7&*
5DMDW�7DQGRQ=-&*/5&0$4@"A
.DUDQ�0RKOD;B&61$/C&'D/-&6$7-"%/-)$)&'@&0$1-&*
5DMDQ�$QDQGDQ@=E'?71$%&)*$'A*/)':'405/)>77.F&
1DNXO�6D[HQDD/-&6$7-E'=7F/68/?=4#G
'LJELMR\�6KXNODH&)5E'?$)-$12';67*8*$&,A,')I70'40$&-0&$'?&-C/6&*
'HHS�.DOUD97105&-':'";<'J)K&J8G-/2sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n10
2
WKHZRUOG
0UKPH�0ZYHLS�0UUV]H[PVU�)YPKNL
,�9LZPKLUJ`�7YVNYHTTL�
0UKPH�0ZYHLS�0UK\Z[YPHS�9 +�HUK�;LJOUVSVNPJHS�0UUV]H[PVU�-\UK�(I4F)
Israel
Estonia0UKPH�0ZYHLS�.SVIHS�0UUV]H[PVU�*OHSSLUNL������PU[YVK\JLK�
[V�MHZ[�[YHJR�0ZYHLSP�PU]LZ[TLU[Z�PU�0UKPH�
��� Z[HY[\WZ� MLJPSP[H[LK�� ��� VU� LHJO� ZPKL�� \UKLY� [OL�
PUUV]H[PVU�JOHSSLUNL�
<2�9VJRL[ZOPW�7YVNYHTTL
UK6UL� VM� [OL� WYPaLZ� VM� [OL� ;LJO�9VJRL[ZOPW� H^HYKZ� �OLSK�
K\YPUN� 3VUKVU� ;LJO� >LLR�� PZ� H� WHPK�MVY� [HPSVYLK�
programme for startups. Entrepreneurs can win a paid
trip to the UK, with a designated programme to meet
WHY[ULYZ��=*Z��HUK�NHPU�[OL�L_WVZ\YL�ULLKLK�[V�[HRL�[OLPY�
Z[HY[\W�[V�[OL�UL_[�SL]LS�
4VYL�[OHU�����HWWSPJH[PVUZ�^LYL�YLJLP]LK�MVY�[OL�MV\Y[O�
LKP[PVU� VM� [OL� ;LJO� 9VJRL[ZOPW� (^HYKZ�� ^OPJO� ^HZ�
HUUV\UJLK� PU� 6J[VILY� ������ 6M� [OLZL�� ��� VM� [OL� ILZ[�
[LJO� Z[HY[\WZ� HJYVZZ� ZLJ[VYZ� SPRL� J`ILYZLJ\YP[`� HUK� (0�
^LYL�ZLSLJ[LK�MVY�[OL�SP]L�WP[JOPUN�YV\UK�
;OL�L�9LZPKLUJ`�WYVNYHTL�·�H�º4HRL�PU�0UKPH�HUK�:LSS�
PU� ,\YVWL»� PKLH�·� VќLYZ� 0UKPHU� Z[HY[\WZ� HJJLZZ� [V� H�
NV]LYUTLU[�PZZ\LK� KPNP[HS� 0+�� [O\Z� LUHISPUN� [OLT� [V�
VWLU�H�NSVIHS�,<�JVTWHU`�VUSPUL�� 0UKPHU�Z[HY[\WZ�JHU�
HJJLZZ� ,Z[VUPH»Z� HK]HUJLK� HUK� ZLJ\YLK� KPNP[HS�
PUMYHZ[Y\J[\YL� HSVUN�^P[O� HSS� [OL� [VVSZ� YLX\PYLK� [V�NYV^�
NSVIHSS �̀
;OL�WYVNYHTTL�HPTZ�[V�LUYVSS�V]LY�����Z[HY[\WZ�PU�����
The Mayor of London’s IE 20
4HUJOLZ[LY�0UKPH�7HY[ULYZOPW�(MIP)
:LSLJ[� Z[HY[\WZ� ^PSS� YLJLP]L� OLSW� PU� L_WHUKPUN� [OLPY�
I\ZPULZZ�PU�3VUKVU�HSVUN�^P[O�HU�VWWVY[\UP[`�[V�ILULÄ[�
MYVT�KPZJV\U[LK� YH[LZ� HUK� L_WLY[� HK]PJL� VU�THYRL[PUN��
HJJLZZ�[V�ÄUHUJL��HUK�SVJHS�THYRL[�HUHS`ZPZ�
;̂ LU[`� VM� 0UKPH»Z� MHZ[LZ[�NYV^PUN� Z[HY[\WZ� OH]L� ILLU�
ZLSLJ[LK
¸;OL� 407� WYVTV[LZ� º4HRL� PU� 0UKPH�� 0UUV]H[L� ^P[O�
Manchester’,
H�W\ISPJ�WYP]H[L�PUP[PH[P]L�LUJVTWHZZPUN�[OL�M\SS�ZJVWL�VM�
JV\U[Y`�[V�JP[`�[PLZ��PUJS\KPUN�[YHKL��PU]LZ[TLU[��ZJPLUJL�
HUK�PUUV]H[PVU��JVUULJ[P]P[`�HUK�J\S[\YL�
Aims at connecting Indian companies with northern
,UNSHUK¹
(Z�WHY[�VM�[OL�407��40+(:�OHZ�SH\UJOLK�H�WYVNYHTTL�
[OH[�ZLSLJ[Z�Ä]L�Z[HY[\WZ�HUK�LU[LYWYPZLZ�MYVT�+LSVP[[L»Z�
Fast 50 programme every year
;̂ LU[`� VM� 0UKPH»Z� MHZ[LZ[�NYV^PUN� Z[HY[\WZ� OH]L� ILLU�
ZLSLJ[LK�
7SHUZ� [V� PU]LZ[� ����4U� MVY� [OL� UL_[� Ä]L� `LHYZ� �\W� [V�
2022) and encourage academic and R&D institutions to
WHY[PJPWH[L�HZ�Z\I�JVU[YHJ[VYZ�HUK�WHY[ULYZ�^P[O�0UKPHU�
companies.
:P_�0ZYHLSP�[LJO�Z[HY[\WZ�ZLSLJ[LK�[V�KL]LSVW��HKHW[��HUK�
JVTTLYJPHSPZL� [OLPY� PUUV]H[PVU� PU� [OL� 0UKPHU� Z\I�
continent.
sample
04
!"#$%&'() $'(*+,'$) -.*') /'*'0"1'/) .("%#/) 23!)-41'(0",.0) $'(*+,'$) $%,-) .$) /+5+6.0) /+$,"*'(4).#/) "#0+#') "(/'(+#5) "7) 1("/%,6$) 7"() /.+04) %$'8#''/9) :-') $',6"() #"6) "#04) +#,0%/'$) "#0+#')$'(*+,'$) +#) 6-') .('.$) "7) 7""/) .#/) 5(",'(+'$).#/) 0",.0) /+$,"*'(4) ;%6) .0$") /.6+#5) .#/) '*'#6)&.#.5'&'#69) :-') <#/+.#) ,"#$%&'() $'(*+,'$)+#/%$6(4).//('$$'$)&"$6)"7)"%()/.+04)#''/$)/+5+6.0049
onl ine gi f t ing
discovery
food tech
onl ine grocery
local serv ices
social
15.8%
22.8%
18.5%
4.6%
events
recruitments
dat ing
4.6%
9.1%
12.4%
8.6%
3.7%
consumer services
T H E TO R C H B E A R E R S
TO P H U B S
S TA R T U P S
A C Q U I S I T I O N S
S TA R T U P S C L O S E D
3 , 1 3 7
4 , 5 4 4
1 4
F U N D E D S TA R T U P S
3 6 7
Swiggy
Zomato
Grofers
BigBasket
UrbanClap
B e n g a l u r u
D e l h i - N C R
M u m b a i
sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n05
2 0 1 4 - 2 0 1 8
N U M B E R O F D E A L S
F U N D I N G A M O U N T
0
50
100
150
200
250
300
0
8
16
32
32
40
48
20
14
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
20
15
20
16
20
17
Q1 Q2 Q3
20
18
456 $2.3 Bn
deal
sfu
ndin
g��PU�TPSSPVUZ��
��PU�TPSSPVUZ��
FU
ND
ING
AM
OU
NT
sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n06
2QH� RI� WKH� PRVW� VLJQL¿FDQW� WUHQGV� LQ� ,QGLDQ� UHWDLO� LV� WKH�-41'(0",.0)&"/'0) -+,-)1("*+/'$)6-');.$+$)7"()&"$6),"#$%&'()VHUYLFHV�VWDUWXSV���ZKLFK�¿UVW�JDUQHUHG�PDLQVWUHDP�DWWHQWLRQ�.("%#/) 3 ) .#/) ' 1'(+'#,'/) &.$$+*') 1"1%0.(+64) /%(+#5)3 3 9) +6-)+#,('.$+#5)<#6'(#'6)1'#'6(.6+"# )6-')5(" +#5)/'&.#/) 7"() +#$6.#6) $'(*+,'$ ) .#/) 6-') #'50+5+;0') +#*'#6"(4),"$6$) +#*"0*'/ ) 6-') -41'(0",.0) &"/'0) ;',.&') .0&"$6) 6-')7.$-+"#) 7"() $6.(6%1$9) <##"*.6+"#$) +#) 5(",'(+'$ ) ('$6.%(.#6$ )6(.#$1"(6) $'(*+,'$ ) .#/) .#46-+#5) '0$') 6-.6) ,.#) ;') /'0+*'('/)"# /'&.#/) ,"#6+#%') 6") $1(+#5) %1) +#) (.1+/) $%,,'$$+"#9
:-')"(+5+#)"7),"#$%&'()$'(*+,'$) 0+'$) +#) 6-').5' "0/)1(.,6+,')"7) 1.6("#+$+#5) 0",.0) +(.#.) $6"('$ ) +6-) -"&) -"%$'-"0/$).0('./4) -./) .) ('0.6+"#$-+1) ;.$'/) "#) 6(%$69) !"&1.#+'$)./"16+#5)6-')-41'(0",.0)&"/'0)$6.(6'/);%+0/+#5)"#)'$6.;0+$-'/)6(./') 0+# $ ) 6-'(';4) ('/%,+#5) 0"5+$6+,$) ,"$6$ ) '0+&+#.6+#5) 6-')#''/)7"()+#*'#6"(+'$ ).#/);(+#5+#5)/" #)/'0+*'(4)6+&').$) '009
$PRQJ� WKH� ¿UVW� WR� UHFRJQLVH� DQG� FDSWXUH� WKH� SRWHQWLDO� RI�6-') ,"#$%&'() $'(*+,'$) &.( '6) '(') 10.4'($) 0+ ') %$6 +.0 )"&.6" ) 2"" 4 -" ) .% (+ ) .#/) &"('9) (./%.004 ) &"(')'#6('1('#'%($)-"11'/)"#)6-'),"#$%&'()$'(*+,'$);.#/ .5"#).#/) $6.(6'/) "77'(+#5) $"0%6+"#$) 6") <#6'(#'6) %$'($9) 2') +6)(;.#!0.1 ).)/""($6'1)$'(*+,')1("*+/'();., '/);4) ,,'0).#/).+7) .(6#'($ )"() ("7'($).#/)2+52.$ '6 ) -+,-)"77'()5(",'(4)/'0+*'(4 )"()/.6+#5).#/)$",+.0)&'/+.).11$) )'*'(4)$%; $'5&'#6)+#) ,"#$%&'()$'(*+,'$) +$)5(" +#5).6).)&.$$+*') (.6') +#) <#/+.9
:-')4'.()3 ) .$).)5"0/'#)4'.()7"(),"#$%&'()$'(*+,'$) )
6-')$',6"()('5+$6'('/).) ) %&1)+#)"*'(.00)('*'#%')"*'()6-')
1('*+"%$)4'.().#/)&"(')6-.#) )"7)6-'),"#$%&'()$6.(6%1$)
UHFHLYHG�IXQGLQJ��,QYHVWRUV�ZHUH�FRQ¿GHQW�DQG�VWDUWXSV�OLNH�
("7'($ )2+52.$ '6 ).#/):+#4 0) '('),(%+$+#5)$%,,'$$7%004)
.0"#5)"#) 6-'+()&%06+&+00+"# /"00.() 7%#/+#59) 00)$''&'/) '009
24) 3 ) -" '*'( ) +6) .$) ,0'.() 6-.6) ,"#$%&'() $'(*+,'$)
.$)&"('),"&10+,.6'/)6-.#)'#*+$.5'/9) 6.(6%1$)"1'(.6+#5)
+#)$%; $'5&'#6$) 0+ ')5(",'(4)/'0+*'(4 ),",'+(5' ).#/) 0",.0)
$'(*+,'$) +6#'$$'/).)&.$$+*')$0" /" # ) 0'./+#5)&.#4) 6")
$-%6)$-"19)<#)3 )6-')#%&;'()"7)#' )$6.(6%1$) +6#'$$'/)
.) ) /("1) 7("&) 6-') 1('*+"%$) 4'.(9) "('"*'( ) "7) 6-') )
$6.(6%1$) 6-.6) (','+*'/) 7%#/+#5) 6-.6) 4'.( ) 3 ) ;.55'/)
) "7) 6-') 6"6.0) /'.0) *.0%' ) .00) "7) -+,-) '(') 0.6' $6.5')
$6.(6%1$9)!0'.(04 )+#*'$6"()"16+&+$&)-./)6. '#).)/" #6%(#9
) '4) 7.,6"() 7"() 6-') 7.+0%(') "7) -41'(0",.0) $6.(6%1$) .$)
' ,'$$+*'),"&1'6+6+"#9) 0%$-'/);4)6-')$%,,'$$)"7).#)+#+6+.0)
-.#/7%0) "7) $6.(6%1$) .#/) ;., '/) ;4) +#*'$6"() '#6-%$+.$& )
HQWUHSUHQHXUV� ÀRRGHG� WKH�PDUNHW�ZLWK� ³PH�WRR´� RIIHULQJV��
<#) .//+6+"# ) 6-'$') ;%$+#'$$) &"/'0$) 7.+0'/) 6") ('.,-) #"#
&'6("),+6+'$).$)'77',6+*'04).$)' 1',6'/9) +#,')3 )"7)6-')
)/'.0$)&./')+#)6-'$')6 ")$%; $'5&'#6$ )"#04) ) '(')
&./') +#) ,+6+'$) "6-'() 6-.#) '0-+ ) 2'#5.0%(% ) .#/) %&;.+9)
:"/.4 ) ,"#$%&'() $'(*+,'$) $6.(6%1$) .(') 1"1%0.() .$) 6-')
<#6'(#'6) ;',"&'$) %;+ %+6"%$) 6-("%5-"%6) (%(.08$'&+ %(;.#)
<#/+.9) '*'(.0) $6.(6%1$) -.*') ,-"$'#) 6") 6., 0') 6-')&.( '6)
+#),"00.;"(.6+"# )$%,-).$) 0.).#/) ""/1.#/. ) -+0')7"('+5#)
10.4'($).(').0$")'#6'(+#5) <#/+.) )&"$6)1("&+#'#604 )50";.0)
6. +);'-'&"6-) ;'().#/)+6$)7""/)/'0+*'(4)$'(*+,') ;'() .6$9)
:-'(') ('&.+#$) 6('&'#/"%$)1"6'#6+.0) +#)1("*+/+#5)$'(*+,'$)
6"):+'()<<).#/):+'()<<<),+6+'$9)!"&1'6+6+"# )-" '*'( ) +00)"#04)
+#6'#$+74).$)&'5. 10.4'($)0+ ') 0+1 .(6)'#6'()6-')-41'(0",.0)
$,'#'9) $)#' )$6.(6%1$)10.#)6")./"16)6-')-41'(0",.0)&"/'0 )
WKHUHIRUH��LW�LV�HVVHQWLDO�WKDW�WKH\�¿UVW�GHYHORS�UREXVW�EXVLQHVV�
&"/'0$)$")6-.6)6-'4),.#)&''6)/'&.#/$ )7.,')6-'),"&1'6+6+"#)
DQG�VWD\�DÀRDW�ZLWKRXW� UHO\LQJ� VROHO\� RQ�H[WHUQDO� IXQGLQJ�
Overview
sample
80
& <#)<#/+. )6-')6'(&$)+#,%;.6"().#/).,,'0'(.6"().(')"76'#)%$'/)+#6'(,-.#5'.;04 )
$+#,')6-')("0')10.4'/);4);"6-)+$)6")$%11"(6)6-')5(" 6-)"7)$6.(6%1$9) " '*'( )
6-'4 (').);+6)/+77'('#69):")1%6)+6)$+&104 )+#,%;.6"($)-'01)5'(&+#.6')+/'.$)6-.6)
-.*') 6-') 1"6'#6+.0) 6") ;',"&') $%$6.+#.;0') ;%$+#'$$'$) +#) 6-') 7%6%(') -+0')
.,,'0'(.6"($)1("*+/')&"&'#6%&)6")6-')5(" 6-)"7).#)' +$6+#5)$6.(6%19
)
)URP�,QGLD¶V�¿UVW�LQFXEDWRU��WKH�6RFLHW\�IRU�,QQRYDWLRQ�DQG�(QWUHSUHQHXUVKLS�
�6,1(��� ODXQFKHG� LQ� ����� DV� D� SLORW�� WR� WKH� ¿UVW� DFFHOHUDWRU�� 0RUSKHXV��
0.%#,-'/)+#)3 )6-')#%&;'()"7)+#,%;.6"($).#/).,,'0'(.6"($)-.$);''#)"#).#)
%1 .(/)$ +#59
)
:"/.4 )$6.(6%1$),"&1(+$').) 0.(5')1.(6)"7) 6-') <#/+.#)',"#"&4).#/),.# 6);')
+5#"('/9) :-'('7"(' ) 7"() <#/+.) 6") ;',"&') .) $',%(') 50";.0) $6.(6%1) -%; ) +6) +$)
+&1'(.6+*')6-.6).,,'0'(.6"($).#/)+#,%;.6"($)5(" )+#)0+#') +6-)6-')#%&;'()"7)
$6.(6%1$9
)
:-.# $) 6") 6-') +#+6+.6+*'$) "7) 6-') 5"*'(#&'#6 ) ,"(1"(.6'$ ) +#6'(#.6+"#.0)
"(5.#+$.6+"#$ ).,./'&+. ).#/)"6-'($ )<#/+. ).6)6-')&"&'#6 )+$)-"&')6")&"(')
6-.#) 3 ) +#,%;.6"($) .#/) .,,'0'(.6"($9) %6) "7) 6-+$ ) 3 ) +#,%;.6"($) .#/)
.,,'0'(.6"($) -.*') .) &. "() 7",%$) "#) 6',-#"0"54 ) +6-) 6-') "6-'() $%#(+$')
VHJPHQWV� EHLQJ� ¿QWHFK�� KDUGZDUH�,R7�� DQG� KHDOWKWHFK�� ,W� KDV� DOVR� EHHQ�
#"6+,'/) 6-.6) ,"(1"(.6') .#/) +#/'1'#/'#6) .5'#,+'$) 6'#/) 6") 0'.#) 6" .(/$).#)
.,,'0'(.6"()&"/'0) -+0')6-').,./'&+.).#/)6-')5"*'(#&'#6)$''&)6")1('7'().#)
+#,%;.6"().11(".,-9
)
$�QRWHZRUWK\�WUHQG�LV�WKDW�VHFWRU�VSHFL¿F�DQG�SDUWQHUVKLS�GULYHQ�LQFXEDWRUV�
.#/).,,'0'(.6"($).(')5.+#+#5)&"(')6(.,6+"#)+#)6-')<#/+.#)$6.(6%1)',"$4$6'& )
.#/):+'()<<).#/):+'()<<<),+6+'$).#/)6" #$).(')+#,('.$+#504);',"&+#5)+&1"(6.#6)
/'$6+#.6+"#$)7"()6-'&)6")$'6)%1);.$'9
)
"()<#,%;.6"($ )<#/+.).0$")-.$)6-') 6.0)<##"*.6+"#) +$$+"#) < ) -+,-) .$)
0.%#,-'/) +6-) 6-') +#6'#6) "7) 7"$6'(+#5) +##"*.6+"#) 6") ;""$6) 6-') 6.(6%1) <#/+.)
,6+"#) 0.#9) #/'()6-')+#+6+.6+*' ).#).&"%#6)"7) 9 ) < ) ) . - )+$)6");')
SURYLGHG� WR� HDFK�$WDO�7LQNHULQJ� /DE� �$7/�� RYHU� D�PD[LPXP�SHULRG� RI� ¿YH�
4'.($9) *'()3 )$,-""0$)-.*').0('./4);''#)$'0',6'/)7"() : ) (.#6$9
L A U N C H E D I N 2 0 1 7
L A U N C H E D I N 2 0 1 8
R U N B Y C O R P O R AT E S
K E Y H U B S
3 5
4 0
6 ACCELERATORS
I N C U B ATO R S
2 5 0 +7 0 +
1 7 0 + Delhi-NCR, Bengaluru,
Mumbai, Hyderabad, Pune,
(OTLKHIHK��*OLUUHP � �2VSRH[H
f intech
hardware & IoT
healthtech
incubatorsaccelerators
P O P U L A R V E R T I C A L S
sample
© In
c42
Med
ia |
no
t fo
r d
istr
ibutio
n
nam
e
loca
tion
sect
ors
faci
litie
s
nota
ble
star
tups
laun
ched
in
Amrita TBI, Amrita VishwaVidhyapeetham 2008 Kollam
Big data and analytics, cloud, consumer web, blockchain, AI, aardware, semi-conductors, mobile, cyber security
Funding, coworking locations, VC network, discounted services, internship pool, GST exemption, mentorship
Miqasa, Nextsky, Acceleron Labs, Hug Innovations, Studyowl Technologies
DLabs, Indian School of Business (ISB) 2014 Hyderabad Sector agnostic
Coworking, mentorship, investor connects, access to workshops !"
IIT Hyderabad, Technology Business Incubator 2008 Hyderabad
Medtech, tech4social, visual informatics, data engineering, machine learning, language technologies, gaming, robotics
Mentoring, infrastructure, management services, seed support, angel support
Lemon Flip Solutions, PuREnergy, WiSig Networks, OSure Care
Amity Innovation Incubator 2008 Noida Sector agnostic
Business planning, company formation, legal & IPR assistance, managerial support, technology support, funding support
ApnaCircle.com, Anduril Technologies, GVC Microsystems, ITCons e solutions, Circuitsutra Technologies, RITSAN Media ventures, Biziga Solutions, Heuristics
Centre for Innovation Incubation and Entrepreneurship (CIIE) 2007 Ahmedabad, Pune Sector agnostic
Technology support, business support, funding support, mentorship
Ridlr, Banyan Nation, Zuvvu, Mobident, MedCall, InSolare, Agricx
Dream Incubator 2000 MumbaiTechnology, media, telecommunications, industrial goods, healthcare
Funding support, growth strategy implementation support, management base development support
Instamojo, Myra, HealthifyMe, 99 Games, Active.ai
Bhamashah Techno Hub 2018 Jaipur Sector agnostic
Infrastructure, technology, angel funding, access to venture capitalists, mentorship, exposure to national and international organisations & experts, coworking !"
ZDream Labs 2017 GurugramContent & media, education, logistics & warehousing
Mentorship, training, access to capital, direct investment !"
Indian Angel Network (IAN) Incubator 2010 New Delhi
IT/ITES, telecom, mobile VAS, gaming & animation, internet/Web, media & entertainment, education technology, Healthcare technology, manufacturing products, alternative energy, cleantech, cloud computing, retail technology
Business planning, seed funding, team building, providing strategic & operational guidance, marketing and promotion, advisories on IP & investment !"
Kerala Startup Mission 2006 Thiruvananthapuram Sector agnostic
Access to the sector experts & business mentors, Tailor made workshops, Industry & investor networks of KSUM circles, access to state & central govt. schemes, grants
Codesap Technologies, Axen Software, Eatabhi, Kappian
Society for Innovation and Entrepreneurship (SINE) IIT Bombay 2004 Mumbai Sector agnostic
Infrastructure support, virtual incubation, access to business networks, organises events and workshops, pre-incubation
IdeaForge, Mysuz, Voyager Infotech, Eisodus Networks, Collcraft Technology
IIM-Udaipur Incubation Center 2016 Udaipur
Distribution, logistics, financial inclusion, hyperlocal food delivery, agritech, cleantech, renewable energy Mentoring, networking, investor connect !"
Sardar Patel Technology Business Incubation Center(SP-TBI) 2015 Mumbai Technology
office spaces, advanced tech hub, seed funding, Access to talent, training, mentorship
BitGenie, eBZaar, Mobigic, PODS Ventures, TroPlay
Indigram Labs 2016 New DelhiAgribusiness, technology, education, healthcare
Commectivity, networking, funding support, access to resources, functional competencies
New Leaf Dynamic Technologies , Intello Labs Pvt Ltd., Sainhun Ventures, INCEVE Electronics
PlugIn 2016 Mumbai, Bengaluru Hardware, systems
Financial support, infrastructure & technical support, Mentoring, Product development and manufacturing
Linkeddots Engineering Solutions, Bharati Robotic Systems (India), Epocare Pvt. Ltd., Ayata Intelligence, Redcherry Analytics
AutoNebula 2016
1
2
3
4
5
6
7
8
9
10
11
12
13
14
13
14 PuneConnected transport, LIDAR, RADAR, cybersecurity, AI, IoT, autonomous vehicles
Seed funding, workshops conducted by global experts, mentorship, networking
Trackyo, Streak Helmet, Wiper, Raksha Safedrive, NEARPARK
84
sample
94
venture capital & private equity funds
TO TA L N U M B E R O F V C A N D P E F U N D S I N I N D I A
L A U N C H E D I N 2 0 1 7
L A U N C H E D I N 2 0 1 8
I N T E R N AT I O N A L F U N D S O P E R AT I O N A L I N I N D I A
1 9 5
2 5
3
2 3 5
N U M B E R O F E A R LY- S TA G E F U N D S
N U M B E R O F G R O W T H - S TA G E F U N D S
N U M B E R O F L AT E - S TA G E F U N D S
S TA G E - A G O N I S T I C F U N D S
1 3 6
2 5
2
7 6
sample
01
sample