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
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
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
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
