New Delhi :Inc42, the leading Indian media platform, known for its end-to-end coverage of the Indian startup ecosystem through its data-backed news and analysis, has released its Indian Tech Startup Funding Report – 2017.
The most comprehensive report in the market, it reveals the critical insights about the funding trend from 2014 to 2017. Some of the key highlights of the Indian Tech Startup Funding Report 2017 are:
Stagewise Breakdown: Over $157 Mn was invested across 507 deals in seed funding in 2017. While growth stage witnessed 194 deals with over $1.8 Bn being invested, late stage startups raised $11.5 Bn in investments in the year 2017.
Business Model Breakdown: In 2017, the B2B/B2C business model touched the $9.7 Bn investment mark with a total of 420 deals. The B2C funding stood at second spot with over 289 deals and an amount of $3.4 Bn being invested.
Sector-wise Breakdown: Fintech was crowned as the fastest growing sector raking in $3.01 Bn but ecommerce still emerged as the top sector closing $4.6 Bn in investments. Interestingly, the third spot was taken by transport-tech which secured $1.65 Bn in funding across 37 deals.
Geography Breakdown: Smoothly perched on the top position, Bengaluru scored 366 deals in 2017 followed by Delhi/NCR raking up a total of 223 deals. Other major cities such as Mumbai, Hyderabad and Pune took the third, fourth and the fifth rank respectively.
Investor Breakdown: Comparing the VC and Angel Investor participation, we found out that there were a total of 601 deals through angel participation while venture capital participation fetched over 650 deals. More interestingly, corporates participating in startup funding deals have seen a massive surge from 110 deals in 2014 to 264 in 2017, a rise by 140%.
Investor Ranking: The report also contains the list of “Top 10 Angel Investors” and “Top 10 Venture Capital Firms” for 2017, of which Rajan Anandan (Vice President, South East Asia and India, Google) and Accel Partners India respectively emerged as the showstoppers of the list occupying the top positions.
New Startup Funds: Over 34 new startup fund launches were announced in India in the year 2017 with a combined corpus of $2.3 Bn.
M&A Overview: In 2017, over 133 M&As were reported in the Indian Tech startup ecosystem.
The Soonicorns: Inc42 Datalabs team analysed the startup ecosystem and shortlisted 34 companies which have high potential to join the unicorn club by 2020.
Projections for 2018: The year 2017 has been about market correction and this trend is set to continue in 2018. An internal correction in Series A and Series B funding has been observed and the gap is projected to increase in 2018. In 2018, India will take a step a forward with better internet infrastructure and digital scope.
The full report can be downloaded here (12 Chapters, 138 Pages)
“Funding has always been counted as an important aspect while evaluating the potential of a startup ecosystem. This report is aimed to provide a detailed analysis of the funding trends across industries, sectors, investors, geography and more, so you can identify the untapped opportunities, pitfalls to avoid and understand where the startup ecosystem is heading.” said Pooja Sareen, Editor-in-Chief
Inc42 is an Indian media and information platform producing data-driven news and analysis on the thriving Indian Startup Ecosystem. We work with the mission to empower, connect and grow the Indian Startup Ecosystem by providing a deep understanding of the world of technology and startups, based on data driven insights and connections. Since its inception, Inc42 has published over 12,000 stories and now reaches over 10 Million people in the Indian Startup ecosystem.