More tech entrepreneurs in India are building products for the world, and the number of such companies raising money for businesses has doubled in the past year, according to a new survey. Between 2014 and 2018, the number of Indian B-2B startups more than tripled from 900 to 3,200, according to a 2014 joint study by NetApp and Zinnov. The study shows that 800% of B1B tech startups have been split into advanced tech start-ups, with a total of over 2,000 startups emerging in their first year of existence. In 2014, this study found that more than 800% of B 2D / B3BTech startups were divided into “advanced tech startups.” And in 2016 it was over 400%, while in 2017 it rose to 1,500%.
A few years later, the Tracxn study reports that the number of SaaS-based start-ups in India has tripled in the past five years, from 3,000 in 2014 to 8,336 in 2019. According to this study, India’s B2B tech startups have tripled since 2014, from 900 to 3,200. B 2B companies with a total of over 2,000 startups, with over 1,500 of them in the first year.
As a percentage of total tech startups, B2B startups have risen from 26 percent in 2014 to 43 percent in 2018. B 2B companies in India in the last five years, according to the Tracxn study, with a total of 2,500 startups.
Not surprisingly, the number of B2B startups in India has boomed, and this is evidence of that. While there were 2,500 B-2B technology startups in India in 2014, that number has tripled to 3,200 in 2018. This is not only proof, but also an indication of India’s rapid growth in technology startups over the past five years.
According to the report, B2B tech start-ups more than tripled from 900 to 3,200 in 2014, and there will be more B2B customers in the coming years. Lunawat also stressed that India’s B3B segment has grown from around 900 startups in 2014 to around 3,000 startups by 2018, with investments increasing fourfold in four years, with total investment exceeding Rs. 1,500 cron. Motaganahalli said that as MNC’s presence in India increases and the number of business accelerators increases, so will B1B startups as they find a way to enter the market. Hiring of business-to-business (B4B) segments will also pick up as B6C entrepreneurship faces structural problems.
There are 1,750 startups in total, and B2Bs hold 24% of this pool, but together they account for less than 1% of the total B3B startup market. By 2019, there will be 44 start-ups, including B1B, B4B and C2B technology start-ups, representing 43% of the total ecosystem. Overall, 18% of start-ups in India are advanced technology startups, and India’s next wave (100 startups) will be much more diverse, reaching beyond consumers.
In terms of geographical distribution, Bengaluru accounts for the largest number of B2B startups, followed by Delhi – NCR and Mumbai. In this region, Hyderabad, Pune, and Chennai, which together account for more than 500 start-ups, are becoming the next B2B hubs.
Inmobi is one of the profitable B2B startups in India, which has grown rapidly in recent years. Bengaluru – Jumbotail has seen a similar trend in its growth in recent years, which it says is largely due to the growth of B-2B start-ups in commerce. In terms of geographical distribution, Bangalore is the top city for B1B technology startups, followed by Delhi – NCR and Mumbai, each accounting for more than 1,000 startups in the region, and Hyderabad, Pune, and Chennai. On a per capita basis, Bengalurus is also a top hub for b2b tech start-ups with over 800 startups, followed by Chennai (800), Hyderuru (700) and Bangalore (500), with a total of over 2,500 startups.
Other B2B startups sell directly to companies, such as startups that help companies with shipping and shipping goods, and software platforms that give other companies insight into their sales efforts.
With the number of companies almost tripling since 2014, B2B startups are giving India’s innovation a new growth path. Microsoft Startups allows early-stage startups to leverage Microsoft’s fast-growing partner ecosystem in India and other countries around the world. Indian B-2B technology startups are benefiting greatly – needed infrastructure and support to achieve economic growth.
B2B startups are growing faster than B2C companies, attracting interest from venture capitalists and global corporations, and we are seeing a shift in their business model. This was made possible by the growth of B 2C startups, but also by the rapid growth of the number of startups in India and the global market. B1B start-up growing At the same time, the company is growing fastest of all B3C companies, attracted by interest from venture capitalists and international companies such as Google, Facebook, Amazon, Apple, Microsoft, Google Ventures, IBM and Microsoft Startups. We have seen the shift to a “B2B” business model and see it as an important part of India’s growth strategy for the coming years.
