India is home to over 3,000 start-ups with an addition of 800+
new start-ups in 2014. A National Association of Software and
Services Companies (NASSCOM) report reveals that India is the
fastest growing and fourth largest start-up ecosystem in the world
after the US, the UK and Israel. India is expected to cross 11,500
start-ups by 2020, generating employment opportunities for over
250,000 people.
Indian start-ups are dominated by e-commerce / aggregators and
technology companies, offering various products / services
including Big Data & Analytics, Enterprise Resource Planning
(ERP), Product & Collaboration, Edu-Tech, Ad-Tech etc., with
over 59% focused on B2C categories. Approx. 43% have focus on the
global market demonstrating the global mind set of the
entrepreneurs in India.
