Bengaluru: IPO and Unicorn have created crazy wheel effects in Indian technology startup ecosystems.
That was the message from the report by the Nasscom company and Zinnov’s consultation released on Friday.
Pari Natarajan, CEO of Zinnov, said the Tech Startup Ipos (record 11 years ago) and Unicorn (record 42 created last year) has produced large funds, which in turn these companies will invest in other technology startups and use to buy products made by this new digital business.
IPO and Ventura funding too, he said, created wealth in the hands of individuals who used it to provide seed funds for newer technology businesses.
Darwinbox, he said, is one example of a startup that benefits from this – HR management software is used by a number of Unicorn India.
“It will enable them to improve their products and sell to larger Indian and global companies.
The same thing happened to many technology startups in,” he said.
President Nasscom Debjani Ghosh said not only Unicorn invested in startup, they also mentored them.
The report on Indian technology beginner ecosystems: Titans year, ‘shows that startup collected $ 24.1 billion last year, a double increase over pre-covid levels.
Compared to 2020, there is a three-time increase in the number of high-value offers (handling more than $ 100 million), indicating investor confidence.
The ecosystem saw a doubled increase in cumulative assessment from 2020 to 2021, with an estimated $ 320 – $ 330 billion.
The ecosystem is estimated to be the biggest after they are in the US and China.
Inner investment growth in 2021 may be the highest in the world.
There was a big leap at angel investors last year to 2,400.
“India is lagging behind in an angel investor.
It has changed,” Ghosh said.
He said the Indian corporation also worked with startup, “invest in it significantly.” Last year, 260 active corporations involved the startup community; Up from 170 in 2020.
Some corporations invested in startup in 2021, with 52% to MNC.
Ghosh said he was also driven by increasing diversity and inclusion – 30% of startups now beyond the hub set such as Bengaluru and NCR; And 10-15% of startups have at least one female founder.
Natarajan said that the startup took to rotate Unicorn has shrunk substantially.
The mena brand, for example, changed Unicorn in six months.
He said it was partly because investors saw the best choices to invest in a short time.
But also because there are now experienced entrepreneurs – those who come out of a successful business – who know how to build a global market.
Investors, he said, had a little doubt to make big money behind such an effort.