We started this initiative only a year back and are indeed happy to see the enthusiasm it has generated amongst the participants. It only reinforces our belief in the power of new ideas and the potential of emerging/
It is observed that software products are becoming increasingly popular in the startup
community with Cloud/SaaS enabled models making in-roads. Education & Training,
Artificial Intelligence & Automation, Recruitment, Talent & HR, Mobile & Telecom,
Social Media & Gaming are some of the key focus areas for product start-ups. In terms
of services start ups, Mobile & Telecom, BPO/KPO, as well as web development are the
key focus areas. Other verticals such as Healthcare and Pharma are also catching up.
Angel investors continue to be a major source of funding for the start-ups, followed by
self-funding and VC funding.