Data

Data | What is the state of start-ups in India

Members of the start-up Artificial Intelligence Aeronautics presenting their drone developed for the detection of ganja farms tucked away deep inside jungles.  

The startup ecosystem is only concentrated in a few States as of 2019. Start-ups are involved in diverse sectors ranging from agriculture to health. A significant share of the start-ups still rely on friends and family for funds. These conclusions are based on a pilot survey on the Indian startup sector conducted between November 2018 and April 2019 by the Reserve Bank of India.

Preferred locations

The startup sector is concentrated in a few States. The graph shows the % of start-ups which participated in the survey. It indicates that Karnataka has the highest number of start-ups.

States with the highest start-ups

image/svg+xml
 

Preferred sectors

The data and analytics sector was the most preferred choice for start-ups by a wide margin, followed by health, education and agriculture. The graph shows the % share of sectors among the surveyed start-ups.

Which sectors had the most start-ups

image/svg+xml
 

Funding sources

Friends and families remain the biggest source of funding for start-ups. The graph shows the % share of funding source among the surveyed start-ups.

What were the sources which funded start-ups

image/svg+xml
 

Income split

While one-fourth of respondents reported annual turnover up to Rs 10 lakh, nearly one-fifth reported above Rs 1 crore.

How much did start-ups make

image/svg+xml
 


Our code of editorial values

Related Topics
This article is closed for comments.
Please Email the Editor

Printable version | Oct 24, 2021 10:11:53 PM | https://www.thehindu.com/data/data-what-is-the-state-of-startups-in-india/article30666264.ece

Next Story