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A year of transition toward growth and stabilization for start-ups
A year of transition toward growth and stabilization for start-ups

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In my last blog “INDIAN TECH COMPANIES BUSINESS OPERATIONS FOCUSED ON RESILIENCE AND BUILDING CAPACITY FOR FUTURE DEMAND” I discussed how the Indian technology industry has shaped over the last year and how there is an increased focus on operational efficiency and the major levers which are emerging in support.

In this blog, I am attempting to see how the start-up segment has progressed in 2022 and what have been the key trends for the segment.

In 2022, Listed start-ups transitioned towards growing revenues and reducing losses with these start-ups reporting revenue growth of ~50% y-o-y as of the quarter ending September 2022.

Also, these start-ups are also making consistent efforts to reduce their losses which seems to be paying off which is reflected in the losses down by 10% q-o-q and 30% y-o-y as of September 2022.

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Additionally, mature start-ups are witnessed growth both across revenues as well as employees highlighting a positive scenario for the unicorns and pre-unicorns.

On the investment side, it remains upbeat with the average annual funding for 2022 being in line with pre-pandemic times, while the average annual investments per start-up surpassing the last four-year average.

To know more details on how the start-up segment has progressed over the last year read our recent Start-up Report.

Happy Reading!

 


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Neha Jain
Senior Analyst

Neha Jain

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