Indian tech startups have never had it so good.

Local tech startups in the nation raised $14.5 billion in 2019, beating their previous best of $10.5 billion last year, according to research firm Tracxn .

Tech startups in India this year participated in 1,185 financing rounds — 459 of those were Series A or later rounds — from 817 investors.

Early stage startups — those participating in angel or pre-Series A financing round — raised $6.9 billion this year, easily surpassing last year’s $3.3 billion figure, according to a report by venture debt firm InnoVen Capital.

According to InnoVen’s report, early stage startups that have typically struggled to attract investors saw a 22% year-over-year increase in the number of financing deals they took part in this year. Cumulatively, at $2.6 million, their valuation also increased by 15% from last year.

Also in 2019, 128 startups in India got acquired, four got publicly listed, and nine became unicorns. This year, Indian tech startups also attracted a record number of international investors, according to Tracxn.

This year’s fundraise further moves the nation’s burgeoning startup space on a path of steady growth.

Since 2016, when tech startups accumulated just $4.3 billion — down from $7.9 billion the year before — flow of capital has increased significantly in the ecosystem. In 2017, Indian startups raised $10.4 billion, per Tracxn.

“The decade has seen an impressive 25x growth from a tiny $550 million in 2010 to $14.5 billion in 2019 in terms of the total funding raised by the startups,” said Tracxn.

What’s equally promising about Indian startups is the challenges they are beginning to tackle today, said Dev Khare, a partner at VC fund Lightspeed Venture Partners, in a recent interview to TechCrunch.

In 2014 and 2015, startups were largely focused on building e-commerce solutions and replicating ideas that worked in Western markets. But today, they are tackling a wide-range of categories and opportunities and building some solutions that have not been attempted in any other market, he said.

Tracxn’s analysis found that lodging startups raised about $1.7 billion this year — thanks to Oyo alone bagging $1.5 billion, followed by logistics startups such as Elastic Run, Delhivery, and Ecom Express that secured $641 million.

176 horizontal marketplaces, more than 150 education learning apps, over 120 trucking marketplaces, 82 ride-hailing services, 42 insurance platforms, 33 used car listing providers, and 13 startups that are helping businesses and individuals access working capital secured funding this year.

The investors

Sequoia Capital, with more than 50 investments — or co-investments — was the most active venture capital fund for Indian tech startups this year. (Rajan Anandan, former executive in charge of Google’s business in India and Southeast Asia, joined Sequoia Capital India as a managing director in April.) Accel, Tiger Global Management, Blume Ventures, and Chiratae Ventures were the other top four VCs.

Steadview Capital, with nine investments in startups including ride-hailing service Ola, education app Unacademy, and fintech startup BharatPe, led the way among private equity funds. General Atlantic, which invested in NoBroker and recently turned profitable edtech startup Byju’s, invested in four startups. FMO, Sabre Partners India, and CDC Group each invested in three startups.

Venture Catalysts, with over 40 investments including in HomeCapital and Blowhorn, was the top accelerator or incubator in India this year. Y Combinator, with over 25 investments, Sequoia Capital’s Surge, Axilor Ventures, and Techstars were also very active this year.

Indian tech startups also attracted a number of direct investments from top corporates and banks this year. Goldman Sachs, which earlier this month invested in fintech startup ZestMoney, overall made eight investments this year. Among others, Facebook made its first investment in an Indian startup — social-commerce firm Meesho and Twitter led a $100 million financing round in local social networking app ShareChat.



Source link

224 COMMENTS

  1. tadalafil en ligne tadalafil 5mg tadalafil cialis tadalafil cost tadalafil biogaran prix

    tadalafil online canadian pharmacy tadalafil biogaran tadalafil cialis adcirca tadalafil tadalafila

    https://supertadalafil.com/ – tadalafil liquid

    tadalafil 20 mg tablet generic for cialis tadalafil tadalafil cialis tadalafil 20mg generic cialis tadalafil

    tadalafil tablets tadalafil vs vardenafil cheap tadalafil tadalafil prix mylan tadalafil

    https://xtadalafilx.com/ – tadalafil dosage

  2. I just want to say I am new to weblog and seriously loved you’re web-site. Probably I’m likely to bookmark your site . You absolutely come with great posts. Many thanks for sharing with us your website page.

  3. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214.

  4. Thanks for revealing your ideas. I’d also like to state that video games have been ever before evolving. Modern tools and inventions have aided create genuine and interactive games. All these entertainment video games were not actually sensible when the real concept was first of all being attempted. Just like other forms of technologies, video games also have had to progress through many decades. This itself is testimony to the fast development of video games.

  5. There couple of fascinating points at some point in this posting but I don’t determine if these people center to heart. There is some validity but Let me take hold opinion until I check into it further. Great write-up , thanks and then we want more! Combined with FeedBurner in addition

  6. Having read this I believed it was really enlightening. I appreciate you taking the time and effort to put this article together. I once again find myself spending a significant amount of time both reading and leaving comments. But so what, it was still worth it.

  7. May I just say what a comfort to find someone that genuinely understands what they’re discussing online. You definitely realize how to bring a problem to light and make it important. More people ought to read this and understand this side of the story. I was surprised you are not more popular because you most certainly possess the gift.

  8. I have figured out some considerations through your blog post. One other subject I would like to express is that there are lots of games in the marketplace designed particularly for toddler age small children. They incorporate pattern identification, colors, pets, and styles. These normally focus on familiarization as an alternative to memorization. This keeps little ones occupied without feeling like they are learning. Thanks

  9. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick in NYC at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888.

  10. An outstanding share! I’ve just forwarded this onto a co-worker who has been doing a little homework on this. And he in fact ordered me lunch simply because I found it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending the time to talk about this issue here on your internet site.

  11. I’d like to thank you for the efforts you have put in penning this website. I really hope to view the same high-grade blog posts by you in the future as well. In truth, your creative writing abilities has inspired me to get my very own website now 😉

  12. Varick Street Litho , VSL Print is one of the top printing company in NYC to provide the best Digital Printing, Offset Printing and Large Format Printing in New York. Their printing services in NYC adopts state of the art digital printing services and offset digital printing for products postcards, business cards, catalogs, brochures, stickers, flyers, large format posters, banners and more for business in NYC. For more information on their digital printing nyc, visit http://www.vslprint.com/ or http://www.vslprint.com/printing at 121 Varick St, New York, NY 10013, US. Or contact +1 646 843 0800

  13. Can I simply just say what a comfort to discover someone who truly understands what they are discussing on the net. You certainly know how to bring an issue to light and make it important. More and more people ought to look at this and understand this side of your story. I was surprised you’re not more popular because you surely have the gift.

  14. I seriously love your site.. Very nice colors & theme. Did you make this site yourself? Please reply back as I’m looking to create my very own site and would love to know where you got this from or exactly what the theme is called. Kudos!

  15. Right here is the right site for everyone who hopes to find out about this topic. You know so much its almost hard to argue with you (not that I personally would want to…HaHa). You definitely put a brand new spin on a subject that has been discussed for many years. Excellent stuff, just wonderful.

  16. Good – I should certainly pronounce, impressed with your site. I had no trouble navigating through all the tabs and related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or something, web site theme . a tones way for your customer to communicate. Excellent task.

  17. I’m more than happy to uncover this web site. I wanted to thank you for your time due to this fantastic read!! I definitely loved every part of it and I have you bookmarked to see new stuff on your site.

  18. After looking over a number of the blog articles on your site, I really appreciate your way of blogging. I saved as a favorite it to my bookmark website list and will be checking back soon. Please visit my web site too and let me know what you think.

  19. I must thank you for the efforts you have put in writing this blog. I really hope to view the same high-grade content from you later on as well. In truth, your creative writing abilities has inspired me to get my own, personal site now 😉

  20. I blog often and I really appreciate your content. This great article has truly peaked my interest. I will bookmark your website and keep checking for new information about once a week. I opted in for your Feed as well.

  21. After going over a few of the articles on your blog, I seriously like your technique of writing a blog. I saved it to my bookmark website list and will be checking back soon. Please visit my website as well and tell me what you think.

  22. Hello there! This blog post could not be written much better! Reading through this article reminds me of my previous roommate! He always kept talking about this. I am going to forward this information to him. Fairly certain he will have a great read. I appreciate you for sharing!

  23. Gday here, just started to be aware of your weblog through yahoo, and discovered that it is truly educational. I’ll truly appreciate if you decide to maintain this post.

  24. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214.

  25. I simply intend to inform you you that I am new to having a blog and thoroughly liked your work. Very likely I am inclined to remember your blog post . You indeed have impressive article materials. Love it for discussing with us your very own domain article

  26. Sapid Agency is a Search Engine Optimization company in New York City that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in NYC and many other local areas. Find more at https://www.sapidagency.com/ @ 145 E 57TH NEW YORK, NY 10022, USA, +1 971 341 5608 USA

  27. Howdy! I could have sworn I’ve been to this blog before but after browsing through a few of the posts I realized it’s new to me. Anyhow, I’m certainly happy I discovered it and I’ll be bookmarking it and checking back frequently!

  28. You made some good points there. I checked on the internet to find out more about the issue and found most individuals will go along with your views on this web site.

  29. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick in NYC at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888.

  30. Your style is very unique in comparison to other folks I’ve read stuff from. I appreciate you for posting when you have the opportunity, Guess I’ll just book mark this web site.

  31. I blog frequently and I really thank you for your information. This article has really peaked my interest. I’m going to bookmark your website and keep checking for new information about once a week. I opted in for your RSS feed too.

  32. I’m very pleased to find this web site. I want to to thank you for your time for this wonderful read!! I definitely loved every part of it and I have you book marked to look at new stuff on your web site.

  33. I blog often and I seriously thank you for your information. This article has really peaked my interest. I will book mark your blog and keep checking for new details about once a week. I opted in for your RSS feed too.

  34. I merely desire to inform you that I am new to having a blog and completely cherished your webpage. Most likely I am prone to save your blog post . You undoubtedly have amazing article material. Delight In it for telling with us the best internet site report

  35. Varick Street Litho , VSL Print is one of the top printing company in NYC to provide the best Digital Printing, Offset Printing and Large Format Printing in New York. Their printing services in NYC adopts state of the art digital printing services and offset digital printing for products postcards, business cards, catalogs, brochures, stickers, flyers, large format posters, banners and more for business in NYC. For more information on their digital printing nyc, visit http://www.vslprint.com/ or http://www.vslprint.com/printing at 121 Varick St, New York, NY 10013, US. Or contact +1 646 843 0800

  36. This is a great tip especially to those new to the blogosphere. Short but very precise information… Appreciate your sharing this one. A must read post!

  37. I blog frequently and I genuinely thank you for your information. This great article has really peaked my interest. I will book mark your site and keep checking for new details about once per week. I subscribed to your RSS feed as well.

  38. Everything is very open with a clear description of the issues. It was definitely informative. Your website is very useful. Many thanks for sharing.

  39. Right here is the right site for anyone who wishes to understand this topic. You know a whole lot its almost hard to argue with you (not that I actually would want to…HaHa). You definitely put a new spin on a topic that has been discussed for years. Great stuff, just excellent.

  40. I seriously love your website.. Excellent colors & theme. Did you make this amazing site yourself? Please reply back as I’m looking to create my own blog and would love to know where you got this from or what the theme is named. Thanks.

  41. Hi there! This blog post could not be written much better! Looking through this post reminds me of my previous roommate! He continually kept preaching about this. I’ll send this article to him. Pretty sure he’ll have a good read. I appreciate you for sharing!

  42. I’m impressed, I have to admit. Seldom do I encounter a blog that’s equally educative and amusing, and without a doubt, you’ve hit the nail on the head. The issue is something not enough folks are speaking intelligently about. I am very happy that I stumbled across this in my search for something concerning this.

  43. Right here is the right blog for anybody who wants to understand this topic. You realize a whole lot its almost tough to argue with you (not that I actually will need to…HaHa). You definitely put a brand new spin on a subject which has been discussed for ages. Excellent stuff, just great.

  44. I blog frequently and I genuinely appreciate your content. This great article has really peaked my interest. I am going to take a note of your website and keep checking for new details about once per week. I subscribed to your Feed as well.

  45. An outstanding share! I’ve just forwarded this onto a coworker who was conducting a little homework on this. And he in fact ordered me dinner due to the fact that I stumbled upon it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanx for spending the time to talk about this subject here on your site.

  46. Aw, this was an incredibly good post. Spending some time and actual effort to create a top notch article… but what can I say… I put things off a lot and don’t seem to get anything done.

  47. You’re so interesting! I do not believe I have read anything like this before. So great to discover somebody with some original thoughts on this topic. Really.. many thanks for starting this up. This website is one thing that is required on the internet, someone with some originality.

  48. Greetings! Very helpful advice in this particular post! It is the little changes that produce the most important changes. Thanks for sharing!

  49. Howdy! I could have sworn I’ve been to your blog before but after looking at many of the posts I realized it’s new to me. Regardless, I’m certainly delighted I came across it and I’ll be book-marking it and checking back regularly!

  50. Hi, I do think this is a great website. I stumbledupon it 😉 I’m going to return once again since i have book marked it. Money and freedom is the best way to change, may you be rich and continue to guide others.

  51. Good day! I could have sworn I’ve visited this blog before but after browsing through a few of the articles I realized it’s new to me. Anyways, I’m certainly pleased I stumbled upon it and I’ll be bookmarking it and checking back often.

  52. Hi there! This blog post could not be written any better! Looking at this article reminds me of my previous roommate! He constantly kept preaching about this. I’ll forward this article to him. Pretty sure he’s going to have a great read. I appreciate you for sharing!

  53. I have no idea if it’s just me or if perhaps everybody
    else encountering difficulties with your blog site.
    Seems like just as if a few of the text within your content are running
    off of the screen. Can another person please comment and
    let me know should this be happening in their mind too?
    This might be considered a issue with my internet browser because I’ve
    had this happen previously. Many thanks

    Also visit my site; CareyCRowett

  54. Next time I read a blog, Hopefully it doesn’t fail me just as much as this one. I mean, Yes, it was my choice to read through, but I genuinely thought you would have something useful to talk about. All I hear is a bunch of complaining about something that you could possibly fix if you were not too busy looking for attention.

  55. After I initially commented I appear to have clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I receive four emails with the exact same comment. There has to be an easy method you are able to remove me from that service? Thanks a lot.

  56. The very next time I read a blog, Hopefully it does not fail me just as much as this one. After all, I know it was my choice to read through, but I truly believed you would probably have something interesting to talk about. All I hear is a bunch of complaining about something you can fix if you were not too busy seeking attention.

  57. Spot on with this write-up, I honestly believe that this website needs a great deal more attention. I’ll probably be returning to read through more, thanks for the advice.

  58. After going over a number of the articles on your web page, I really like your way of writing a blog. I book marked it to my bookmark webpage list and will be checking back in the near future. Take a look at my web site too and tell me how you feel.

LEAVE A REPLY

Please enter your comment!
Please enter your name here