In 2020, early-stage and bridge funding almost doubled, indicating that investors recognized the value in innovation.
Krishna Ella, MD, Bharat Biotech is an outstanding example of techno-entrepreneurship. His company’s vaccine is in global demand, and his business scaled up during the challenging times of the pandemic, although his business isn’t a startup. Besides giants like Pfizer, Moderna and Astra Zeneca, Bharat BioTech now features companies that provide the COVID vaccine to the world.
India is becoming a hub for entrepreneurship for the world!
When the economy was in deep paralysis for almost a quarter of 2020, digital platforms captured venture funds and investors’ eyeballs through mergers and acquisitions. Reliance’s Jio attracted the largest investments from companies like Facebook, Google and others. Traxcn – a company that follows the startup industry’s activities – values the total funding towards startup to be $11.5B in 2020, which is 10% lower than