Today, the Indian startup funding scenario is at its unpredictable best. While 2014 and 2015 witnessed huge funding rounds, with the emergence of food-tech startups, hyperlocal and aggregators, in addition to e-commerce platforms, 2016 has had a mellowed beginning. Apart from the slowdown of funds inflow, we now hear more of startups shutting down and merging or conglomerating.
According to a report by KPMG, done in association with a New York-based startup research firm, investments in Indian startups declined 24 percent quarter-on-quarter. The closure cycle of investments has become long, with more focus on business economics and due diligence, exhibiting preference of sense to hype.
Alok Patnia written this article on yourstory.com analyzing the changes in the funding scenerio among the Indian Startups.
Alok Patnia, CEO of Taxmantra.com has been actively involved in the start-up sector of India. He has been advising and mentoring a huge number of start-ups by providing them with necessary hand holding with regards to various issues like Entity Structuring, Funding, Tax and Regulatory compliances and allied issues. He is great insights on the business starting-up and maintenance issues. He is a qualified Chartered Accountant having post qualification exposure with Ernst and Young and KPMG at Bangalore.