Highlights from  InnoVen Capital Start-up Outlook Report-2017

Highlights from InnoVen Capital Start-up Outlook Report-2017

Posted by P. Charitha on February 22nd 2017

InnoVen Capital one of Asia’s leading venture lending platform providing debt capital to high growth ventures conducted a survey and captured responses from over 170 start-up leaders across bootstrapped as well as funded ventures to publish a Start-up Outlook Report in February 2017. . The report is part of their effort to understand and communicate the nature of the Indian entrepreneurship ecosystem. The report reflects  the mood and outlook of Indian start-ups given the recent budget, cautious investor climate, and an uncertain global economy.
 
Presenting the highlights of the Report.
 
• 63% of respondents who attempted to fundraise in 2016 did not have a favourable experience
• 65% of respondents felt that the Indian start-up eco-system may be in a technology bubble 
• 94% of respondents would look to fundraise in 2017, though opinion was split evenly on whether fundraising would be easier this year than the last 
• Respondents rated the emergence of start-ups with more robust business models coupled with more exit activity as most likely to improve investor sentiment in 2017
 • The majority of respondents stated growth as their focus area in 2017; VC backed companies, however, rated achieving profitability in the next 1-2 years as the key objective 
• 70% of respondents were open to an exit, with 60% rating an IPO as the most preferred exit route
• Raising equity, managing talent and market creation were voted top business challenges going into 2017 
• 42% of all respondents had women in leadership positions at their start-ups, up from 33% last year 
• Agri-tech, Artificial Intelligence and Logistics were voted as most underhyped sectors whereas Hyperlocal and Digital Payments as over hyped ones
• Digital Payments and Artificial Intelligence were expected to be hot sectors in 2017 
• The Goods and Service Tax was rated the most helpful Government initiative 
• Respondents felt further Government policies to improve tax policies, facilitate cheaper financing and increase investments in digital infrastructure would most improve the start-up eco-system
 
For the complete report click here:

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