Investment Boom for Startups

With the growing internet penetration in Indian marketplace, the number of Internet users in India has crossed the 350 mn mark, grew by 50 percent over the last year. It has encouraged global and Indian investors to invest more in small and mid-sized startup companies.

According to Yourstory’s Indian Startup Funding Report, between January and December 2015 risk capital worth $9 bn was invested in Indian startups. The most interesting fact in this is the total amount of funding is more than the collective GDP of seven Indian states- Andaman and Nicobar, Sikkim, Arunachal Pradesh, Mizoram and Manipur.

Flipkart- The Poster Boy of Indian e-commerce

As Flipkart continues to remain one of India’s most successful startups, the e-commerce giant has raised $700 mn funding recently. With that Flipkart’s valuation has reached $15.2 bn (98,800 crore), making it almost equivalent to total GDP of 13 Indian states! And the result includes all the Union territories as well.

This achievement of Flipkart has encouraged many small startups to go forward.

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