• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, May 14, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

NetApp-Zinnov Study : B2B tech startups have more than tripled, have seen a surge in funding, up by 364%

by Apoorv Anupam
May 7, 2019
in News
Reading Time: 2 mins read
0
From Left to Right - Pari Natarajan, Ajeya Motaganahalli, Sanjay Nath
TwitterWhatsappLinkedin

From Left to Right - Pari Natarajan, Ajeya Motaganahalli, Sanjay Nath

You might also like

Leadership Chaos Hits U.S. Copyright Office Amid AI Policy Battle

Senator Mike Lee Introduces Controversial Bill to Redefine Obscenity and Criminalize Pornography Nationwide

Microsoft Slashes 6,000 Jobs in Strategic Shake-Up Despite Strong Profits

07 May 2019, India:

NetApp in partnership with Zinnov, today announced the results of their first-of-its-kind study titled, ‘B2B Tech Startup Ecosystem and Role of Corporate Accelerators in India’.

The study provides data-driven insights into the growth of B2B tech startups and the upsurge in both funding as well as the corporate accelerator programs in India over the last five years.

According to the report, B2B tech startups have more than tripled (from 900 to 3200+) since 2014. Adding fuel to their success is the growing investor interest – the investment in B2B startups touched US$3.7 billion in 2018, a steep rise of 364% from 2014.

NetApp - Zinnov B2B Tech Startup Study

The report further tells that 70% of these B2B tech startups are in the space of enterprise tech (41%), fintech (19%) and healthtech (9%), with software as a service (SaaS), customer relationship management (CRM), alternative lending, expense management, medical internet of things, artificial intelligence enabled predictive platforms being some of the other segments.

Segregating over 800 of the B2B tech startups as ‘advanced tech startups’, the study indicates their YoY growth at 60%, much ahead of the 20% number for the entire tech startup space (B2B, B2C).

Sanjay Nath, Co-Founder and Managing Partner at Blume Ventures, said, “The B2B startup wave in India has just begun. Corporates are more open to collaboration with startups, VC firms are more interested in the B2B startup world, and technologies like AI and IoT have proliferated faster into the B2B ecosystem, compared to B2C. This holy combination of corporate support, B2B focused VC funds, and rise of advanced technologies will drive the wave forward.”

Ajeya Motaganahalli – Senior Director and Leader, NetApp Excellerator, NetApp, said, “It is encouraging to see the entrepreneurship explosion across the startup universe. At NetApp Excellerator, we’ve facilitated numerous go-to-market opportunities, helped startups secure several million dollars in funding and have formed 7 global strategic alliances in the two years of our operation. This shows the credibility that the accelerator programs can add to such startups.”

Ajeya Motaganahalli, added, “Businesses require new age data-driven technologies in order to stay ahead in the competition curve. We will continue to provide innovation centric mentoring to help new age startups maximize their potential for business globally.”

Pari Natarajan, Co-Founder and CEO, Zinnov, said, “There has never been a better time to be a technology entrepreneur in India than now. The incredible rise in the number of B2B startups as a percentage of the total tech startups from 26% in 2014 to 43% in 2018, is a testament to this. Our study found that funding chances increase by 3X after startups graduate from an incubator/accelerator. An intense growth of accelerators and incubators is the much-needed shot in the arm for Indian startups to spread their wings across the length and breadth of the country, encouraging tier 2 and 3 cities to come up.”

The complete report can be downloaded is available at NetApp website.

(Image – NetApp)

Tags: NetAppStudystudy reportZinnov
Tweet54SendShare15
Previous Post

Larsen & Toubro Infotech launches Enterprise Solutions for SAP S/4HANA

Next Post

Vernacular Social Contesting Platform Bakbuck raises Funding from Nazara Technologies

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

Leadership Chaos Hits U.S. Copyright Office Amid AI Policy Battle

by Harikrishnan A
May 14, 2025
0
Trump-Appointed Officials Denied Entry to U.S. Copyright Office Amid Leadership Shake-Up

In a scene straight out of a political thriller, two men arrived at the U.S. Copyright Office in Washington, D.C. earlier this week claiming to be newly appointed...

Read more

Senator Mike Lee Introduces Controversial Bill to Redefine Obscenity and Criminalize Pornography Nationwide

by Harikrishnan A
May 14, 2025
0
Senator Mike Lee Introduces Controversial Bill to Redefine Obscenity and Criminalize Pornography Nationwide

A new bill introduced by Republican Senator Mike Lee of Utah has reignited the nation’s long-standing debate over pornography, free speech, and federal censorship. Tapping into conservative values...

Read more

Microsoft Slashes 6,000 Jobs in Strategic Shake-Up Despite Strong Profits

by Harikrishnan A
May 14, 2025
0
Microsoft’s Copilot+ Faces Scrutiny Over New Recall Feature

Microsoft is once again making headlines with a significant round of job cuts, letting go of around 6,000 employees—roughly 3% of its global workforce. The decision, which impacts...

Read more
Next Post
Bakbuck

Vernacular Social Contesting Platform Bakbuck raises Funding from Nazara Technologies

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?