A recent study by Redseer Strategy Consultants found that the maturity of the ecosystem over the past decade has significantly reduced the time it takes to reach the $100 million mark. What took him 18 years to reach $100 million in revenue in 2000 was cut to five years in 2017, the report says.
India has about 100 unicorns and 170 sneaker cones. Among these, his 40+ start-ups in fintech, e-commerce and logistics will generate over his $100 million in revenue as of FY2022.
Venture capital has played a central role in helping start-ups scale up to the $100 million revenue milestone. VCs have invested around $143 billion in the startup ecosystem over the last 15 years (CY08 to CY22), with a current valuation of him at $804 billion. At current valuations, the report says it represents a VC return on investment of about 4.5x.
The report further states that there are approximately 12,000 start-ups in India, with revenues categorized as emerging (less than $10 million), growth stage ($10 million to $100 million) and large ($100 million to over $1 billion). ) is emphasized. Of these, 95% belong to the emerging category, 3-4% are in the growth stage, and less than 0.5% are large companies.
Most startups face scaling challenges as they grow. Many belong to niche industries that limit the overall market they can serve, the report said, while others need help for product-market fit and unsustainable growth. increase.