Nearly 47% of founders see startups growing at good clip in survey
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Almost 88% of early-stage ventures are looking to raise funds in the next 3-6 months, the survey showed
ETtech
Illustration: Rahul Awasthi
Nearly 47% of startup founders are experiencing growth at present, while another 42% expect the same over the next six months, a survey by early-stage venture investor 100X VC showed.
About two-thirds (65%) of participants in the survey expect seed-stage funding by
angel investors to increase this year, according to the second edition of ‘India Sentiment Outlook Survey’ of 275 founders and 77 investors across sectors.
Almost 88% of early-stage ventures are looking to raise funds in the next 3-6 months, the survey report, shared exclusively with ET, showed.
Bengaluru |
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The raging pandemic may have taken its toll on the lives of people, but it does not seem to have affected the business sentiment among early stage start-up founders and investors. Around 89 per cent of start-up founders, from sectors such as DeepTech, SaaS, Fintech, Consumer brands, Social Commerce and AgriTech, are bullish about near-term growth, reveals the India Sentiment Outlook survey by 100X.VC, an early-stage venture fund. The survey is based on a sample size of 275 early stage start-up founders and 77 early-stage investors in the January-March quarter of 2021.
“Over the past year, we have seen the Indian start-up segment giving a strong pushback to the Covid-19-induced market landscape. We believe that the optimistic outlook of both start-ups and investors, as seen in the survey results, is an encouraging factor. It will give rise to more innovation and creativity to help the market and our nation at large” said Sanjay Mehta, founder
Nearly two-thirds (65 per cent) of investors believe that there will be a spate of initial public offerings (IPOs) by Indian startups in 2021-22 across stock exchanges, according to a survey by venture capital fund 100X.VC. The ‘India Sentiment Outlook Survey’ said 19 per cent of them also held the opposing view while 16 per cent were unsure.
The survey is based on a sample size of 275 founders from diverse sectors and 77 investors who primarily engaged in early-stage ventures.
V-shaped (44 per cent) and U-shaped (42 per cent) recovery were observed by most of the stakeholders in the venture capital industry. 11 per cent also saw a K-shaped recovery and 3 per cent had an L-shaped recovery. In terms of unicorns, 40 per cent of the investors felt that there would be 75-100 unicorns in India by 2025. 35 per cent of them believed that the figure will cross the 100-mark. 25 per cent of them were unsure.