Nicholas Brathwaite - Technology, Innovation and Entrepreneu

CASE STUDY: INDIA

$15.5B

EMERGING FROM A 40+ YEAR HISTORY AS A TECHNOLOGY SERVICES HUB, INDIA’S STARTUP ECOSYSTEM IS NOW AMONG THE MOST THRIVING ENTREPRENEURIAL HUBS GLOBALLY

700

Total PE & VC Investments in India ($B) Deals (#)

600

$11.1B

Internet launched. Online banking, Dotcom startups 1995 - 2000

500

$10.1B

First & 2nd waves of startups emerge. 2007 - 12

400

300

$6.2B

$5.6B

200

$3.4B

1978 First tech processing & Services companies founded

2002 - 06 Multiple IPOs, Major Data centers, GCCs & R&D centers ramp-up

2012 - 20 Multiple unicorns, IPOs, M&As, Scale up & global presence by many Indian startups

$2.4B

100

$0.7B

$0.6B

$0.4B

0

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

150K

4. LARGE MARKET $1T+ expansion from digital in next 5 years 1. MATURE TECH ECOSYSTEM 40 Year History as a technology services hub

2. HIGH INTELLECTUAL DENSITY 4 Million Engineers, 300K+ more every year 5. EXPOSURE TO CUTTING-EDGE GCCs & R&D centers enabling exposure

3. FAST GROWING ENTERPRISES 1K+ Medium & Large enterprises serving global customers 6. ASPIRATIONAL YOUTH 50%+ population is less then 25 years of age

India - New Businesses Registered

120K

90K

60K

30K

0K

2011

2012

2013

2014

2015

2016

2017

2018

SOURCE(S):

1. Source: Bain - India VC Report 2020

2. World Bank - World Development Indicators Dataset (2019)