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To focus on new and emerging areas of research and education, Centres of Excellence have been established within the Institute. These ‘virtual' centres draw on resources from its stakeholders, and interact with them to enhance core competencies

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IIMB Management Review

Journal of Indian Institute of Management Bangalore

IIM Bangalore offers Degree-Granting Programmes, a Diploma Programme, Certificate Programmes and Executive Education Programmes and specialised courses in areas such as entrepreneurship and public policy.

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About IIMB

The Indian Institute of Management Bangalore (IIMB) believes in building leaders through holistic, transformative and innovative education

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Startup Ecosystem India: Founding and Funding Patterns 1990-2017

The tech startup ecosystem in India is now the third largest in the world, after the United States and China ( NASSCOM-Zinnov,2018). By some accounts, it is growing 12-15% per year (NASSCOM-Zinnov, 2018). In 2017, Bangalore was assessed the most dynamic city in the world by the World Economic Forum. And yet, research on Indian startups is inchoate, and relies largely on anecdotal (Aldrich, 2003; Bae, 2014), qualitative (Aggarwal, 2015; Chen, 2009), and survey data (Lyons, 2018), or focuses on funded firms (Joshi, 2018). Hence, much of the teaching and practice of entrepreneurship in India relies heavily on research and practice in the U.S. context. However, it is unclear whether and to what extent, these theories are applicable to the Indian context, where the level of market, capital, supplier, and regulatory uncertainty is higher. Even more challenging, reliable economy-wide figures on the size and growth of Indian startups across time and sectors is unavailable.

Project Team
Dalhia Mani and Sukanya Roy
Sponsor
IIM Bangalore
Select Project Type
Ongoing Projects
Project Status
Ongoing (Initiated in November 2018)
Funded Projects Functional Area
NSRCEL

Startup Ecosystem India: Founding and Funding Patterns 1990-2017

Project Team: Dalhia Mani and Sukanya Roy
Sponsor: IIM Bangalore
Project Status: Ongoing (Initiated in November 2018)
Area: NSRCEL
Abstract:

The tech startup ecosystem in India is now the third largest in the world, after the United States and China ( NASSCOM-Zinnov,2018). By some accounts, it is growing 12-15% per year (NASSCOM-Zinnov, 2018). In 2017, Bangalore was assessed the most dynamic city in the world by the World Economic Forum. And yet, research on Indian startups is inchoate, and relies largely on anecdotal (Aldrich, 2003; Bae, 2014), qualitative (Aggarwal, 2015; Chen, 2009), and survey data (Lyons, 2018), or focuses on funded firms (Joshi, 2018). Hence, much of the teaching and practice of entrepreneurship in India relies heavily on research and practice in the U.S. context. However, it is unclear whether and to what extent, these theories are applicable to the Indian context, where the level of market, capital, supplier, and regulatory uncertainty is higher. Even more challenging, reliable economy-wide figures on the size and growth of Indian startups across time and sectors is unavailable.