The report provides an overview of the startup ecosystem in India – the current scenario and the way forward, with an emphasis on the role of Chinese investors in the Indian startup ecosystem.
The first edition of the KPMG – Invest India – Venture Gurukool report titled ‘Startup ecosystem in India – Growing or Matured? – 2018’ aims to cover the changing trends in the Indian startup ecosystem with an insight into China’s role in Indian startups. Some of the major trends include, the slow rise of startups to non-metro cities in the country and the rise of startups in the B2C segment. The report also captures information on major sectors and the startups which have risen in these sectors over the last year. The startup ecosystem report also covers the breakup of funding across various stages of a startup value chain. There has been a shift in investments and well established startups have received a bulk of the funding over the course of the last year. This happened despite a rise in the number of incubators across the country and has in turn led to the rise in the number of unicorns in the country. A section of this report has been dedicated to the increasing presence of Chinese investors in India and the role they are playing in influencing the startup ecosystem of the country, with Chinese companies accounting for 42 per cent of investments received under ‘Invest India’. Chinese investments in India have grown at a CAGR of 23 per cent to reach INR123.6 billion between 2000 and 2018 and are expected to play an even more prominent role in the years to come.
© 2019 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.