There is a lot of activity and interest in technology product companies in India, as there is in the US. I spent some time reviewing numbers from NVCA, VCCircle and pulled some numbers specifically in the areas of Internet, software, technology products and eliminated services companies. Here is a simple table to keep things in perspective. All sources are at the bottom.
|
USA |
India |
|
| Total number of technology (Product & services) companies formed annually (average) |
24,169 |
412 |
| # of companies that secured angel funding |
15,233 (1) |
65 |
| # of companies that secured seed / early stage from VC |
1,682 |
58 |
| # of companies that secured late stage funding from VC |
658 |
31 |
I am yet to do any “analysis”. Right now the data validation process is what I am going to embark upon.
What is your analysis.
Relevant Links:
1. Crash Dev – eye of the needle
2. UNH center for angel investment research.
3. NAV Fund John Backus
4. Product Startup Landscape in India from Zinnov . (Thanks Pari!)
5. NVCA National aggregate data for US investments (Excel spreadsheet)