Funding Insights - Indian Startup companies
Indian startups raised $734 Mn in February 2024, up 4% YoY, while deal count grew 19% to 83
Ecommerce emerged as the most funded sector last month, with startups in the segment bagging $149 Mn across 24 deals
Unveiling the Investment Timeline of Indian Startups: An In-depth Analysis
180,000+ Startups in India
141 Bn+
Total Capital Invested Between 2014 & H1 2023
May rise 36% YOY in 2024
Inc42 - More than 60% of Indian investors are cautious about backing Indian startups
$10 Bn in funding by December 25
Indian VCs have only invested 26% of the dry powder accumulated and set aside for FY24, per Inc42's latest survey
States | 2019 | 2020 | 2021 | 2022 | 2023 | Total |
Andaman | 7 | 5 | 13 | 9 | 15 | 49 |
Andhra Pradesh | 161 | 215 | 286 | 382 | 586 | 1630 |
Arunachal Pradesh | 2 | - | 4 | 9 | 17 | 32 |
Assam | 62 | 108 | 181 | 282 | 362 | 995 |
Bihar | 137 | 236 | 374 | 517 | 811 | 2075 |
Chandigarh | 37 | 52 | 63 | 81 | 126 | 359 |
Chhattisgarh | 152 | 143 | 159 | 233 | 360 | 1047 |
Dadra and Nagar Haveli | 3 | 5 | 12 | 12 | 11 | 43 |
Delhi | 1,302 | 1,711 | 2,129 | 2,548 | 3,150 | 10,840 |
Goa | 39 | 60 | 78 | 104 | 98 | 379 |
Gujarat | 565 | 846 | 1,655 | 2,262 | 3,291 | 8619 |
Haryana | 658 | 787 | 1,036 | 1,327 | 1,740 | 5548 |
Himachal Pradesh | 27 | 40 | 55 | 117 | 144 | 383 |
Jammu and Kashmir | 30 | 57 | 123 | 167 | 247 | 624 |
Jharkhand | 79 | 153 | 180 | 232 | 337 | 981 |
Karnataka | 1,566 | 1,648 | 2,082 | 2,546 | 3,032 | 10,874 |
Kerala | 597 | 671 | 901 | 1,070 | 1,294 | 4533 |
Ladakh | - | 1 | - | 4 | 4 | 9 |
Lakshadweep | - | 1 | - | - | 2 | 3 |
Madhya Pradesh | 302 | 401 | 540 | 891 | 1,264 | 3398 |
Maharashtra | 1,987 | 2,531 | 3,552 | 4,763 | 5,801 | 18,634 |
Manipur | 3 | 10 | 33 | 31 | 26 | 103 |
Meghalaya | 5 | - | 6 | 10 | 18 | 39 |
Mizoram | - | 1 | 2 | 6 | 13 | 22 |
Nagaland | 2 | 5 | 6 | 7 | 22 | 42 |
Odisha | 170 | 257 | 367 | 442 | 620 | 1856 |
Puducherry | 10 | 13 | 16 | 29 | 43 | 111 |
Punjab | 86 | 134 | 239 | 294 | 443 | 1196 |
Rajasthan | 321 | 459 | 591 | 986 | 1,443 | 3800 |
Sikkim | 2 | 1 | 3 | 2 | 2 | 10 |
Tamil Nadu | 556 | 715 | 1,067 | 1,791 | 2,810 | 6939 |
Telangana | 559 | 754 | 928 | 1,370 | 1,757 | 5368 |
Tripura | 7 | 17 | 11 | 25 | 23 | 83 |
Uttar Pradesh | 807 | 1,290 | 1,876 | 2,554 | 3,426 | 9953 |
Uttarakhand | 87 | 109 | 155 | 236 | 271 | 858 |
West Bengal | 276 | 362 | 648 | 991 | 1,170 | 3447 |
Grand Total | 10,604 | 13,798 | 19,371 | 26,330 | 34,779 | 104,882 |
Suboptimal Go-To-Market Strategy, Insufficient AI feature integration, Inadequate Sales Process Execution, High Leadership Churn Rate are hindering the startup's progress towards meeting its targets.
Despite being technically proficient in their product offerings, a significant number of startups overlook the critical aspect of focusing on customer ROI within an average 3-year period. Failure to tailor the startup solution to help customers achieve ROI within 3-5 years can result in a lack of perceived value among the target customers, leading to requests for customization and ultimately elongating the sales cycle.
Within the realm of Tech Startups, the majority of sales leaders are currently prioritizing revenue generation through a product-centric lens. However, by pivoting towards delivering customer-centric product solutions, they can elevate the product to a state of excellence and craft efficient use cases. This strategic shift has the potential to unlock new market opportunities and drive substantial customer satisfaction, particularly during the Seed Stage or Series A stage, as the product is finely attuned to market needs rather than solely catering to business requirements.
Our Solutions
Strategy A
Enhance the performance of your sales team
Sales Techniques Training
Don't settle for mediocrity in training - true growth requires more than just passive engagement with recorded videos and motivational sessions.
Client Implementation Team
Deploy a team on-site to implement the solution in stages and customize it to fit the customer's technical setup.
Strategic Pre-Sales Team
Utilize the Pre-sales team to conduct in-depth consultations with customers to comprehend their specific issues and present tailored solutions that are in line with the customer's product life cycles.
Contingency Plan
Develop an additional sales team
Discover the team's unique traits
Optimal team dynamics play a pivotal role in driving sales success, tailored to the unique requirements of the business to ensure a high-performing team.
Sales Approach
Engaging customers is vital; a passion for problem-solving and industry awareness helps the sales team connect and succeed.
Industry Intelligence
We emphasize the importance of ongoing intelligence development through in-depth analysis of customer solutions. It is crucial for the team to actively engage in targeted customer visits to enhance their understanding and adaptability.
Enable our mission to drive the Tech Industry forward by supporting successful startups and investing in deserving ventures.
Strategic Sales Solution Enhancement