The startup ecosystem is still in its infancy in India and while we take baby steps in building product economy, Indian entrepreneurs take a lead when it comes to searching for keywords like Venture Capital.
Take a look at the Google trends data (for the last 12 months):
- India tops the list followed by Hong Kong, Singapore and then US.
- Top states searching for “Venture Capital ” are Karnataka, Madhya Pradesh, TN, Gujarat, Maharashtra and Delhi.
Of course, the query spans across different sectors (technology/manufacturing etc) and this trend clearly shows a general lack of availability of capital for startups/SMEs (and the need to find funding sources via online medium).
What’s your opinion? Will VC fraternity rise to the occasion?
[Thanks Abinash for the tip.]