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The Indian Startup Scene In 2015

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India has now become one of the largest bases for startups in the world after the United States, the United Kingdom, and China.

It is also the youngest with more than 72 percent of its startups founded by entrepreneurs younger than 35 (no surprise considering the median age of the population in India is 27 years).

These two trends are driving a new internet entrepreneurial culture that is increasingly online and increasingly mobile.

According to Nasscom, an industry association for the IT sector in India, more than half of the new businesses launching in the country center on e-commerce, aggregators and consumer services — it’s these businesses that received the lion’s share of the startup funding in 2015.

Here’s a snapshot of the investments that shaped the Indian startups scene in 2015 pulled from CrunchBase and Trak.in.

 

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Featured Image: Ramesh Lyanswamy/Flickr UNDER A CC BY-ND 2.0 LICENSE