INVESTOR FLAVOURS START-UP’S IN 2011
Start ups in India is a flavor of the year 2011. January till July has already witnessed more than 93 deals worth U$D 510.98 million compared to 69 deals worth $ 282.21 million in the corresponding period in 2010. In 2010,147 deals worth U$D 728.52 million took place as investments.
International Business Machines Corporation (IBM) has been building direct relationships with entrepreneurs that can help them grow in the business for the past two years. It has recently partnered with Streetline Inc., a start up developing technologies to shorten driver’s search for an empty parking spot. Companies like Naaptol.com - a product comparison engine, Snapdeal.com – a daily deals website, Cocoberry – a frozen yoghurt chain, or Shear Genux Unisex Saloon – a saloon chain are no longer stranger. These companies are just 12 to four years old.
The ecosystem for the entrepreneurs who were dependent on just family and friends to fund his venture has now evolved into a comprehensive one. The segment of VC Market is maturing in India been it in any stage – Start Up, Angel, or early stage funding.
Emergence of Entrepreneurship Culture has come from India’s Growth. Past Experience of First Generation Entrepreneurs has given confidence to try and innovate new things to others.
A significant shift is also vision in the VC Funding segment. Power of VC Community is shifting from Venture Firms to Entrepreneurs and more VC firms are looking forward to late stage funding.
With the news of crazy Valuations being given to Flipkart and others in the E-Commerce space.....it seems that the Market is just starting to open up......
ReplyDeleteThe spectrum of Start Ups has not only opened the space but has created a boost in the economy by creating employments also...
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