The State Of Indian Startup Ecosystem Report 2021

The State Of Indian Startup Ecosystem Report 2021

Today the Indian startup ecosystem is home to 38,815 active startups who are at the forefront of the internet revolution in India. From ecommerce to electric vehicles the Indian startups are also the torch bearer for innovation in the country.

The Inc42 Plus ‘The State Of Indian Startup Ecosystem Report 2021’ provides a holistic view of the sector, the report offers a juxtaposition of the funding, M&As and the growing number of unicorns and unicorns in the country. A comprehensive analysis of the investor ecosystem is also provided.

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The State Of Indian Startup Ecosystem Report 2021

Quoted & Trusted By

the economist
business insider
cb insights
the huffington post
the economic times
live mint
the times of india

Key Highlights


Unique Investors Participated In 2020

$70 Bn

Funding Raised By Indian Startups Between 2014-2020

The United States

Is The Biggest Source Of Foreign Investments In Indian Startups

Regulatory Myopia

Of Indian Government Towards Indian Startups A Major Hurdle

Table Of Contents

  • Executive Summary
  • India’s Startup Landscape
  • Number Of Startups Launched In India
  • Active Startups In India: Sector-Wise Split
  • Indian Startup Funding Trends
  • Stage-Wise Funding Analysis
  • Sector-Wise Funding Analysis
  • Demographic Analysis: Indian Startup Funding
  • Merger And Acquisition Trends
  • Investor Participation Trends
  • Unicorns And Soonicorns In India
  • Factors Fueling The Growth Of Indian Startup Ecosystem
  • Key Challenges For The Indian Startup Ecosystem
  • Methodology And Glossary


Growing from a nascent stage to a flourishing ecosystem to the current stage of maturity and stability, Indian startups have some of the best market conditions to take advantage of with digital products and services adoption at an all-time high. Once the medium and long-term pandemic impact subsides, there’s no stopping Indian startups.

This report will act as a go-to-guide for just about everything one may want to understand about the Indian startup ecosystem. With deep, data-driven insights to influence strategic decision-making in governance, investments, growth, and other core aspects driving the Indian startup ecosystem.

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