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As 2017 kicks into full gear, and entrepreneurs put their fundraising plans in motion, here’s a snapshot of the most loved sectors by VCs in 2016. Venture capital Intelligence firm Tracxn sampled a total of 8,648 startups and 5,593 investors and sifted through US$170 billion invested across 9,228 rounds globally to come up with the report.
Globally, enterprise security and healthcare IT were the hottest technology sectors of 2016, with close to US$7 billion invested across 587 rounds. In India, online retail and online travel emerged as the most exciting sectors, together amassing US$1.1 billion across 52 rounds.
Here’re the details. Caveat: Tracxn excluded Chinese startups, as well as Life Sciences and Energy startups from the roundup. It counted funding rounds of US$1 million and more only.
In India, this is how 2016 played:
This post Breaking down how investment trends in India differed from global trends in 2016 appeared first on Tech in Asia.
from Tech in Asia https://www.techinasia.com/hottest-sectors-of-2016
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