Mint: Periodic table of the Indian start-up ecosystem 2014-15
As the second-fastest growing and third-largest start-up ecosystem in the world, India is moving at a frenetic pace. Zooming from 3,100 start-ups in 2014 to an expected 11500 start-ups by 2020, they are estimated to raise $3.5 billion in the first half of 2015 alone and are set to surpass the total number of deals done in 2014, says a report by Microsoft Ventures and Venture Intelligence, which captures this data in the form of a periodic table. Funding raised was the primary parameter and kept at a cut-off of $15-20 million, with a few expectations. Indian unicorns, the report notes, now account for nearly 10% of the global unicorn club and the list is only going to get longer.