Rapid Growth of Tech Startups in India: Accelerators to be Thanked


Bangalore: India is considered to be one of the largest and biggest venture capital industries in the world. According to Ernst & Young statistics, it touched the $1.5 billion mark in 2011 and until June 2012, India had received $363 million in funding.

The growth of the startups in India can be highly attributed to Startup accelerators which help budding startups with funding, mentoring, training and events.

Last month, i.e. in September India saw two new accelerators – GSF Accelerator and 5Ideas. Others that came up in recent months include VentureNursery and The Hatch. There are still many more needed to match up with the rapidly growing entrepreneurialism in India.

Vijay Anand, founder of The Startup Centre (TSC), did a research on the technology startup ecosystem in our nation. He came up with this infographic which explains in detail the various stages and types of support available to such startups right from the origination of idea to first round of funding.