[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?
Thanks a ton for publishing my post!
The link to the business today article is broken!
Nope, the link works fine at my end. Does anybody else has problems accessing the article?
yes i also tried to open the link. its broken
Guess the businesstoday guys still have to learn the idea behind maintaining permalinks.
will dig the right link and update the post.