With the mushrooming of nearly 5,000 startups, 2015 would clearly be one of the most prolific years for India, home to 19,400-technology startups.
However, while the entry into the ecosystem is quite robust, the exit valuation for the investors on the initial funding still remains low, noted the Economic Survey for 2015-16, Indian government’s annual economic development document that is presented in Parliament prior to the Union Budget.