Facts about Entrepreneurship

FACTS ABOUT ENTREPRENEURSHIP

interesting-facts-on-startupsINDIANS AS STARTUPPERS
Eleven of America’s 87 unicorn startups were founded or co-founded by Indians.

YOUNGEST TO BE FUNDEDyoungest-to-be-funded

In 2014, 13-year-old Shubham Banerjee became the world’s youngest entrepreneur to receive venture capital funding for Braigo, a low-cost printer for the blind built from Lego and Braille!

line3TOP THREE CHALLENGES
The top three biggest challenges for startups are building a team, generating revenues and expanding into new territory.

interesting-startup-factsSTARTUP HUBS
Berlin and Bengaluru are among the top 15 startup hubs in the world.

Global Startup Ecosystem Ranking | Photos: Colourbox.com

startups-factsVC BOOM IN GERMANY
Germany is among the top 3 European venture capitalist locations.

Ernst & Young GmbH | Photo: Colourbox.com

line3UPTICK IN STARTUPSstartups-intersting-fact
The pace of startup launches in India will increase from 3–4 every day in 2015 to 6–7 every day by 2020.

NASSCOM | Photo: Colourbox.com

line3LOW SURVIVAL RATESstartups-india-intersting-facts

Ninety per cent of startups don’t survive, and 51 per cent shut down within five years.

Visual Capitalist | Photo: Colourbox.com

startuppers-facts

EMPLOYMENT BOOM
Indian startups are expected to employ 2.5 lakh people by 2020, up from the current 80,000.

India Today | Model photo: Colourbox.com

startuppers-facts-indiaENTREPRENEURIAL SPIRIT
Startup founders are generally happier than salaried employees.

Deutscher Startup Monitor 2015 | Model photos: Colourbox.com

women-entrpreneur-factsWOMEN ENTREPRENEURSHIP
In 2012, only 10% of startups had a woman founder.

Compass | Model photo: Colourbox.com

line1A TECHNOLOGY MELTING POT
Germany has more than 340 technology and startup centres.