January Saw Over $543M in Investments in 76 Indian Startups

Investing money in a startup can yield profits but it’s not a risk free venture. The rise of new technologies like Iot, Augmented/Virtual reality, fog etc have given a boost to tech entrepreneurship. The majority of companies don’t even make it to the safe side of the story, so losing the entire investment is a possibility with great probability. If it comes to something innovative and if it’s a perfect mix of great timing, good team and on-point technology, investors are always looking forward to take the risk.

investmentIndia being a country, where once entrepreneurship was paralysed by factors like government policies, unavailability of proper tech and infrastructure, is now on a new horizon. As these factors dim, the startup culture in the realm is seeing a new ‘go ahead’ light.

There were high expectations in 2016 for Indian startup companies to grow and see greater investments. The month of January ended with 76 Indian startups seeing growth or at least acquired the funds for growth.

Here is an analysis of investments that the Indian startups saw in the month of January:

Form crowdfunding platforms to eCommerce to cloud computing, a total of 76 startups saw investments in various rounds. To understand the investments and the trend, here’s a list of startups that received the maximum funds from investors in January 2016

  • Makemytrip: It’s an Indian online travel company founded in 2000 by Deep Kalra. This Gurgaon based startup provides online solution for travel services. It raised $180 million from Ctrip in a private equity deal.
  • CarTrade: CarTrade is an auto classifieds platform for users interested in selling and buying new/used cars. Founded by Vinay Sanghi in 2009, this Mumbai-based startup raised $145 million from Warburg Pincus, Temasek Holdings and March Capital Partners.
  • Swiggy: Swiggy is a VC backed Bangalore based startup that acts as a food delivery platform that aggregates restaurants. Founded by Sriharsha Majety, Rahul Jaimini, and Nandan Reddy in August 2014, it raised $35 million from Accel, Norwest Venture Partners – NVP, SAIF Partners, Harmony Partners, RB Investments and Accel Partners.
  • Just Buy Live: Just Buy live is an e-distributor that connects shopkeepers with consumer brands and distributors. Founded by Sahil Sani and Bharat Balachandran in February 2015, the Mumbai-based company raised $20 million from Alpha Capital Advisors
  • Power2SME: This Mumbai based startup works as a group buying platform providing inks, steel, polymers, paints and chemicals for small and medium enterprises. Founded in 2012 by R Narayan, the company raised $20 million from Accel Partners, Accel, Inventus Capital Partners, Kalaari Capital and Nandan Nilekani.

City-wise split of total number of deals

From Gurgaon to Mumbai to nation’s capital, the startup culture is increasing by the day. Here is an analysis startups vs area of inceptionCityWise

Round-wise split of total number of deals

It’s always interesting to know what startups received how much of funds in what round. Here is a pie chart to explain the numbers.RoundWise

The total amount of disclosed funding raised by 47 startups was $543 million. Also, this month Prime Minister Narendra Modi announced the policies involved with his campaign “Startup India Stand up India“. The investors are now looking to invest in the ecosystem and get involved.

Data Credits:

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