Hottest Indian Startups and Quick Statistics On Indian Entrepreneurs

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[First user submitted post (within 4 hours of announcement), by Paras Chopra. Paras presents few interesting observation/statistics on 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)

Interesting statistics, aren’t they?

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