According to startup entrepreneurs, fundraising will only improve in 2022
- ByStartupStory | January 21, 2022
According to an industry research, three out of four company founders predict the fundraising environment would be even stronger in 2022 after a record $38 billion poured into India’s startup ecosystem in 2021.
According to the Startup Outlook Report 2022 by venture debt firm InnoVen Funding, over 92 percent of founders who attempted to raise capital in 2021 had a positive experience, and 75 percent of them expect the environment to improve this year.
According to the report, 83 of the 100 startup owners polled have a larger predisposition for growth over profitability, which includes fintech, SaaS, D2C, B2B, logistics, and education. Ashish Sharma partner of Innoven said, “2021 will be remembered as the year when the Indian venture ecosystem hit an inflection point,” “Perhaps the most promising aspect was the IPO story, with Zomato and Nykaa leading the way.”
In 2021, 84 percent of founders (92 percent of all founders who attempted to raise financing) had a positive fundraising experience, according to the research, which is now in its seventh year. This is a big increase from 2020, when only 54% of entrepreneurs felt this way.
Following the success of successful initial public offerings, such as those of Zomato and Nykaa, 71 percent of entrepreneurs believe that an IPO is the most likely way for investors to exit. This is a big rise from 2020, when only 47% of founders agreed. According to the research, IPOs in India are the most desired exit option for 58 percent of founders, compared to 30 percent in 2020.
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