Nearly 47% of startup founders are experiencing growth at present, while another 42% expect the same over the next six months, a survey by early-stage venture investor 100X.VC showed.
About two-thirds (65%) of participants in the survey expect seed-stage funding by angel investors to increase this year, according to the second edition of ‘India Sentiment Outlook Survey’ of 275 founders and 77 investors across sectors.
Almost 88% of early-stage ventures are looking to raise funds in the next 3-6 months, the survey report, shared exclusively with ET, showed.
“Over the past year, we have seen the Indian startup segment giving a strong pushback to the Covid-19-induced market landscape. We believe that the optimistic outlook of both startups and investors, as also seen in the survey results, is an encouraging factor,” said Sanjay Mehta, founder and partner, 100X.VC.