homevideos Newsbusiness NewsStartup founders expect a strong funding environment in 2021, says report
Startup founders expect a strong funding environment in 2021, says report
The report shows that nearly 77 percent of startups consider growth a focus area over profitability and 42 percent of startups aim to turn EBITDA profitable in 2 years.
Startup ecosystem has made a strong recovery post COVID and founders are expecting a strong funding environment in 2021, according to a startup survey by debt VC InnoVen Capital.
InnoVen's India Startup Outlook Report 2021 is based on insights gathered from over 100 startup founders across segments such as fintech, logistics, consumer brands, e-commerce, enterprise SaaS, education and others.
The report shows that nearly 77 percent of startups consider growth a focus area over profitability and 42 percent of startups aim to turn EBITDA profitable in 2 years. Startup Street spoke to Ashish Sharma, CEO of InnoVen Capital India, to discuss the findings of the report.
Also watch Startup Street in conversation with Akshay Chaturvedi, founder & CEO of Leverage Edu, who spoke about the company's latest round of Series A fund raise.
Moreover, Startup Street spoke to Velchamy Sankarlingam, President of Product & Engineering at Zoom, to know more about their plans for India.
Watch video for more.
(Edited by : Bivekananda Biswas)
First Published: Feb 22, 2021 8:28 PM IST
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