Indian startup ecosystem becomes competitive with increasing investor interest

Indian startup ecosystem becomes competitive with increasing investor interest

Photo: Mint

Private equity investors in India are beginning to grow an appetite for investing in tech start-ups. PE investors typically invest in growth and late stage companies that have tangible assets. This year, however, there has been a 1.5x increase in the number of PE investors backing tech start-ups, from 40 in 2018 to 60 in 2019, according to a Nasscom report on the Indian Tech Start-up Ecosystem – Leading Tech in the 20s, released on Tuesday on the side-lines of the of the 16th Anniversary Edition of NASSCOM Product Conclave 2019 in Bengaluru.

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