As recorded in the Startup India Portal, India is considered as the 3rd바카라 웹사이트largest ecosystem in the world with over 50,000 startups in the country so much so that the number of startups is now rising in tier-II and tier-III cities, like Ahmedabad, Pune, and Kochi.
The industries have evolved drastically as compared to how they were earlier in the 21st century. Earlier, companies struggled to attract foreign investors to invest in their startup companies, but today there has also been a major increase in investments from countries like Singapore, Japan, and China. It is fascinating to note the projections made during the pre-coronavirus era, which showed that by 2025 the country would have more than 100,000 startups employing more than 3.25 million people and producing 100 unicorn companies, all with a total market value of $500 billion.
This slow but gradual boom in the world of바카라 웹사이트startups바카라 웹사이트expedited by the boom in the digital scene in the country, more so with the introduction of cheap and convenient바카라 웹사이트internet access reaching바카라 웹사이트even the furthest corners of the country. Moreover, India라이브 바카라 diverse religions, cultures, and languages helped in creating diversified products, which in turn became a USP for the country as they appealed to a mass audience, enticing the probable investors.
Having said that, the journey of a startup company is not all rainbows and butterflies. According to a study conducted by International Business Machines (IBM), Oxford바카라 웹사이트Economics바카라 웹사이트and바카라 웹사이트Institute for Business Value (IBV), within five years, more than 90 per cent of the country라이브 바카라 startups fail due to a lack of unique business models and innovation.
Some of the other reasons include lack of market needs, lack of the right team, competition, and marketing. The pandemic also did not help the situation as a KPMG report stated that "In 2020, as many as 70 per cent of Indian startups had less than three months of runway left, while 35 per cent of them saw their revenues decline by more than 80 per cent."
One of the biggest challenges that a startup faces in its initial years is funding. As stated on the startup India website, a startup may require funding for purposes such as prototype creation, product development, team hiring, working capital, legal & consulting services, raw materials & equipment, marketing & sales, and more.
This is where바카라 웹사이트Venture Capitalists바카라 웹사이트(VC) come into play. Now, if you haven’t heard of VC earlier, let me give you a brief explanation. A VC is an investor that financially supports a startup that has the potential to reshape markets and grow rapidly바카라 웹사이트in return for an equity stake. Apart from this, a Venture Capitalist also provides startups with mentorship and guidance at different stages of their journey to really unlock the company라이브 바카라 potential.
Speaking of benefits, a startup can access a VC라이브 바카라 resources, including its network of connections, industry expertise, and marketing strategies. Startups also have the option to바카라 웹사이트tie-up with some of the VC라이브 바카라 global connections바카라 웹사이트which will allow them to position바카라 웹사이트themselves in the international market. Through this process, some companies with the right product will definitely reach out to the market abroad.
Statistics show that in the last two and a half years, the top 10 Indian VCs have backed more than 420 ventures and participated in nearly 600 funding rounds, and the numbers don’t seem to be slowing down anytime soon.바카라 웹사이트
Even with the pandemic, a report by the Indian Private Equity and Venture Capital Association (IVCA) and Venture Intelligence바카라 웹사이트stated that during January-July 2021,바카라 웹사이트VC firms added a total of $17.2 billion in investments towards the Indian startup ecosystem,바카라 웹사이트which is much more than the $13 billion바카라 웹사이트and $11.1 billion investments made by바카라 웹사이트Venture Capitalists바카라 웹사이트in 2019 and 2020, respectively.바카라 웹사이트In the past few years, SoftBank Corp topped the VC charts with more than $3.5 billion worth of investments, followed by Tiger Global, Temasek, Sequoia바카라 웹사이트Capital바카라 웹사이트and Prosus Ventures,
Some major바카라 웹사이트Venture Capitalists바카라 웹사이트deals include바카라 웹사이트those in Lenskart, Udaan, Mamaearth, Zomato, Swiggy, Meesho, PharmEasy,바카라 웹사이트Cred, RazorPay, Byju's, HealthifyMe, Unacademy, and more.바카라 웹사이트
It is now safe to say that the Indian Venture Capitalist ecosystem has truly come a long way. From its humble beginnings a decade ago, when only a handful of them were active due to the lack of startups in the country, to now being one of the largest ecosystems in the world, only behind superpower countries바카라 웹사이트like바카라 웹사이트USA and바카라 웹사이트China바카라 웹사이트and home to more than 50 unicorns,바카라 웹사이트30 gazelles, and 54 cheetahs.
With that being said, our journey is far from over. With startups emerging from all parts of the country, the government should also bring in more initiatives and programmes to support the young entrepreneurs that desperately want to take their company to the next level.
According to my assessment, venture capitalists are important as they play a vital part in the development of small businesses and help entrepreneurs transform their ideas into viable projects. This process also allows capitalists and startups to work together and promote the various new and upcoming ventures of entrepreneurs.
As an investor myself, I am always in search of businesses in their early stages that have the potential to really reach the sky, but because of low funds and lack of someone pointing them in the right direction, they miss out on the opportunity to make it big and that's where I come in. I also nurse sick companies and help them make a U-turn and get a fresh start in their professional journey.바카라 웹사이트
(The writer is the Managing Partner, Ansan Group Holdings PTE).
