The Annual Indian Tech Startup Funding Report 2020
The Indian startup ecosystem has grown by leaps and bounds in the past decade. From a nascent ecosystem with a handful of tech-focussed ventures to 29K startups in 2014, the number has grown exponentially and will touch 55K startups by the end of 2020.
The Inc42 Plus ‘The State Of Indian Startup Ecosystem Report 2020’ maps this journey and encapsulates the growth of the Indian startup ecosystem from the early days to its ongoing transition into maturity and beyond. The report analyses the performance of the ecosystem based on a number of indicators such as the capital invested in startups, the prominent investors, tech sectors and the geographic landscape, as well as a look at the financial performance of Indian unicorns and much more.
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Key Highlights
38,815
Active Startups In India
1,050
New Startups Were Launched In 2020
$11.5 Bn
In Total Funding Raised Across 924 Deals
Chennai
Most Promising Emerging Startup Hub In India
11
New Unicorns Added In 2020
Fintech
The Top Startup Sector In 2020