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Startup Application Trends                              Spring 2013                   Microsoft Accelerator Research      ...
Bangalore dominated, but we got serious applications      from Australia, Spain and London as well© Copyright Microsoft In...
SaaS and Mobile applications dominated whereas Big         Data & Healthcare were minimal© Copyright Microsoft India Accel...
Nearly 20% of applicants were from the top 10*                engineering colleges in India                               ...
Most applicants were first time entrepreneurs, who        had never worked at a startup before© Copyright Microsoft India ...
# of fresh college grads applying was a very low 2%,             most were >2 years experience© Copyright Microsoft India ...
Nearly half of the applicatns worked in services         company before versus a product company© Copyright Microsoft Indi...
Nearly a quarter of the applicants have worked        outside India and are starting companies here© Copyright Microsoft I...
Most applicants were solo founders, followed by 3         founders, but few were > 3 founders© Copyright Microsoft India A...
Over half the companies had between 4 and 10         employees, with over 40% using contractors© Copyright Microsoft India...
Half the companies were bootstrapped by the           founders, but many had raised some money© Copyright Microsoft India ...
A very even mix of B2B and B2C companies which       surprised us given how difficult B2B is in India© Copyright Microsoft...
Takeaways for Entrepreneurs      • Bootstrapping is the only way Indian        entrepreneurs are getting started      • Wh...
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Startup application trends spring 2013

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A quick look at the applicant trends for the Spring 2013 batch for the Microsoft accelerator.

Published in: Technology

Startup application trends spring 2013

  1. 1. Startup Application Trends Spring 2013 Microsoft Accelerator Research http://www.microsoft.com/india/acelerator indiaaccelerator@microsoft.com© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  2. 2. Bangalore dominated, but we got serious applications from Australia, Spain and London as well© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  3. 3. SaaS and Mobile applications dominated whereas Big Data & Healthcare were minimal© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  4. 4. Nearly 20% of applicants were from the top 10* engineering colleges in India * http://www.outlookindia.com/article.aspx?281299© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  5. 5. Most applicants were first time entrepreneurs, who had never worked at a startup before© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  6. 6. # of fresh college grads applying was a very low 2%, most were >2 years experience© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  7. 7. Nearly half of the applicatns worked in services company before versus a product company© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  8. 8. Nearly a quarter of the applicants have worked outside India and are starting companies here© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  9. 9. Most applicants were solo founders, followed by 3 founders, but few were > 3 founders© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  10. 10. Over half the companies had between 4 and 10 employees, with over 40% using contractors© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  11. 11. Half the companies were bootstrapped by the founders, but many had raised some money© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  12. 12. A very even mix of B2B and B2C companies which surprised us given how difficult B2B is in India© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator
  13. 13. Takeaways for Entrepreneurs • Bootstrapping is the only way Indian entrepreneurs are getting started • Whitespaces in Big Data and Cloud infrastructure have very little competition • Solo founders with contractors seem to be the norm to get prototype & customer validation© Copyright Microsoft India Accelerator 2012 http://www.microsoft.com/india/accelerator

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