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Business News/ Companies / Start-ups/  10 things to know about Indian start-ups
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10 things to know about Indian start-ups

Here are 10 interesting numbers about the Indian start-up ecosystem

It is possible that India will overtake the UK in terms of number of start-ups (the UK has 4500-5000) next year. Courtesy: CIIEPremium
It is possible that India will overtake the UK in terms of number of start-ups (the UK has 4500-5000) next year. Courtesy: CIIE

India has the third highest number of start-ups in the world (an estimated 4200-4400) a report by the country’s software lobby group Nasscom and Zinnov Consulting has said. Only the US and the UK have more. Most of the founders – almost three out of every four – are under the age of 35, although in keeping with the poor track record of the technology space in terms of gender balance, only 9% of the founders (and co-founders) are women.

It is possible that India will overtake the UK in terms of number of start-ups (the UK has 4500-5000) next year. The US is far ahead (47,000-48,000). More than 65% of the start-ups are located in Bengaluru, Mumbai, and Delhi and its environs.

Here are 10 interesting numbers about the Indian start-up ecosystem.

(Source: Nasscom India and Zinnov Consulting’s Start-up India report)

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Published: 13 Oct 2015, 04:57 PM IST
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