India’s Top 100 Startups Financial Performance Report, 2021

About the report
The latest release from Inc42 Plus — Decoding The Financials Of India’s Top 100 Startups, Report 2021 — provides an in-depth analysis of the top Indian startups’ financial performance over the last three years, including an index of most financially efficient startups in FY20, 42 fastest growing startups in terms of compounded annual revenue growth rate (CAGR) and an exclusive comparative analysis between Indian startups and traditional Indian companies during the Covid-19 pandemic. As the IPO trend seems to prevail across the Indian startup ecosystem, the top layer of the ecosystem is moving towards operational efficiency on the macro level. This can be ascertained from the fact that the year-on-year rise in expenditure between FY19 and FY20 (+34%) was nearly half of the expenditure between FY18 and FY19 (+65%).
The latest release from Inc42 Plus — Decoding The Financials Of India’s Top 100 Startups, Report 2021 — provides an in-depth analysis of the top Indian startups’ financial performance over the last th...
$9.8 Bn+
Total Value Created By Indian Startups In FY20
$454 Mn+
Aggregate IT Expenditure Of Top 100 Indian Startups
$3 Bn+
Total Loss Incurred By Top Indian Startups In FY20
16+
Number Of Indian Startups Planning IPOs
report summary







Table of Contents
- India’s Internet Economy: An Overview
- How India’s Top 100 Startups Performed Financially In FY20
- Top 100 Indian Startups: Key Financial Performance Indicators
- How Indian Startups Are Spending On Advertising
- How Indian Startups Spent On IT In FY20
- Top Indian Startups’ Expenditure On Employee Benefits
- Indian Unicorns And Soonicorns: Financial Benchmarking
- How The Top 100 Startups Stack Up Against Corporates/Traditional Businesses
- Methodology