According to a survey conducted on the startup environment across India in 2021, around 42 percent of the business owners expected their companies to generate profits within the next two years of operation. On the contrary, about 23 percent of the companies were already profitable.
Expectancy of startups to turn profitable across India in 2021, by timeline
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InnoVen Capital. (February 14, 2021). Expectancy of startups to turn profitable across India in 2021, by timeline [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/1252830/india-startup-profit-expectancy-by-timeline/
InnoVen Capital. "Expectancy of startups to turn profitable across India in 2021, by timeline." Chart. February 14, 2021. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/1252830/india-startup-profit-expectancy-by-timeline/
InnoVen Capital. (2021). Expectancy of startups to turn profitable across India in 2021, by timeline. Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/1252830/india-startup-profit-expectancy-by-timeline/
InnoVen Capital. "Expectancy of Startups to Turn Profitable across India in 2021, by Timeline." Statista, Statista Inc., 14 Feb 2021, https://www.statista.com/statistics/1252830/india-startup-profit-expectancy-by-timeline/
InnoVen Capital, Expectancy of startups to turn profitable across India in 2021, by timeline Statista, https://www.statista.com/statistics/1252830/india-startup-profit-expectancy-by-timeline/ (last visited April 26, 2024)
Expectancy of startups to turn profitable across India in 2021, by timeline [Graph], InnoVen Capital, February 14, 2021. [Online]. Available: https://www.statista.com/statistics/1252830/india-startup-profit-expectancy-by-timeline/