Quick Statistics On Indian Entrepreneurs and Indian Startups

Recently, a Business Today article featured India’s Hottest Startups. The article lists startups from many different industries, from organic food to technology. Below are the following points I observed/calculated from the article:

• Average age of a founder is 37.
• Standard deviation in the age of founders is 8.
• Youngest entrepreneur is 26 and the oldest one is 58. Wow, what a difference!
• Average amount of funding: Rs. 25 crore. (USD 6.25 million)
• Range of funding: Rs 0 – Rs 72 crore. (USD 18 million)
• Average amount of revenues: 25.2 crore (USD 6.25 million). Surprise! Notice how much the average funding and average revenues match.
• Range of revenues: Rs 0 – Rs 110 crore. (USD 27.5 million)

Do you know any other statistics on Indian Startups or Entrepreneurs? I’m interested in taking a look at them.

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This entry was posted on May 25th, 2008 and is filed under Entrepreneurship. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or Trackback from your own site.