India Market
Facts & Figures
About India
$1.5 Trillion
Size of India’s
consumer market
25 Years Old
50% of the population are
below the age of 25
Home to 10 of the world’s
fastest-growing cities (by GDP)
77,000
Startups, 105+ Unicorns,
and 250+ incubators and accelerators in India
Source: WEF (2019), Startup India (2022), Inc42 (2022), Statista (2021), Business Line (2020)
India Snapshot Report
India’s strong entrepreneurial spirit, open business culture, and progressive regulatory systems have seen it emerge as the world’s second-largest startup ecosystem. Our India Snapshot Report provides you with comprehensive insights, top tips, and what you need to know about doing business in India.
Opportunities
for German Startups
Massive boost in India’s enterprise tech sector, with a total valuation of $45 Bn across 19 unicorns, and a 49% surge in funding since 2019. It is a powerhouse for software-as-a-service (SaaS), supplying thousands of B2B solutions for companies worldwide.
India’s HealthTech market is estimated to reach $21B in 2025 on the back of telemedicine and preventive healthcare growth to help provide holistic care across urban and rural areas.
Key Industries Include
Enterprise Tech
HealthTech
Industry 4.0
Mobility & Logistics
Manufacturing
Main Startup Hubs
in India
Bengaluru
Known as India’s ‘Silicon Valley’ and the centre of the country’s high-tech industry, Bengaluru is home to over 13,000 startups, and 40 unicorns and has been ranked fifth in global tech venture capital investments in 2022. It is also a popular hotspot for E-commerce, Enterprise Tech, and FinTech startups.
Delhi
Delhi, India’s capital, continues to be a stronghold for India’s startup scene. Home to more than 9900 startups, 33 unicorns, and 19 ‘soonicorns’, most of Delhi’s funded startups are consumer-facing.
Mumbai
India’s financial and entertainment capital, Mumbai is the country’s third-largest startup hub and ranks 3rd in South Asia. The wealthiest city is home to more than 9,000 startups, and 17 Unicorns, and is a Fintech, E-commerce, Enterprise Tech, and consumer services hub.
Hyderabad
India’s second-largest IT hub, Hyderabad is a bustling hub for FinTech, Enterprise Tech, and HealthTech startups. It is also home to international giants like Microsoft, Google, and Uber. Hyderabad is home to more than 4300 startups.
Programs We Offer in India
Market Discovery Program
The India Market Discovery program will help you get first-hand market insights, explore individual business opportunities within the local ecosystem, and connect with potential customers and partners.
What Others Say
Local Partners
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