India has truly become a start-up ‘Nation’. Since 2010, The Indian technology start-ups landscape has seen a tremendous growth towards creation of innovative startups and this country, a home to a new breed of young startups, has clearly evolved to become the third largest base of technology start-ups in the world. Within one year, the number of start-ups has grown by 40 per cent, and this number is expected to cross 4,200 by the end of 2015.
After the terrific success of first edition in 2014, the second edition of NASSCOM-Zinnov report titled “Start-up India – Momentous Rise of the Indian Start-up Ecosystem” is a treasure trove of facts and trends on the Indian start-up ecosystem. The report clearly identifies the current scale and size of the start-up landscape, factors that are impacting the growth of the overall ecosystem and steps that need to be taken to make the environment more conducive for start-ups.