LetsVenture's investment platform witnessed a 75% year-on-year jump in registration of new angel investors last year as the startup ecosystem saw a record year of growth not just in terms of dealmaking but also across unicorn creation and initial public offerings (IPOs).
On the other hand, registration of experienced investors grew 77% year-on-year, even as 64% of the overall investors signed in 2021 were new to the domain, while 36% had prior experience, LetsVenture said in its Startup Outlook Report.
The report also said that 2021 saw the emergence of younger age group of investors and a higher age group of founders unlike in the previous year when the opposite was true.
"Interestingly the capital surplus has led to younger investors coming into the fold (25-30 years old) while the average age of founders has increased to 30 plus," noted Sunitha Ramaswamy, President, LetsVenture.
The report added that investors from non-metro cities recorded a 54% increase last year from 2020 helped by investor education and spreading of awareness.
Investors from metro cities continued to rise at 88% year-on-year in 2021.
Notably, there was a 57% growth in startup registration on its platform from non-metro cities in 2021, higher than the 52% seen from metro cites.
"With increased accessibility, availability for capital and cheaper costs associated with a distributed workforce, work from anywhere has enabled startups from non-metro cities to compete with their metro counterparts owing to larger availability of talent and resources," the report said.
Calendar 2021 proved to be a landmark year for then startup ecosystem on the back of big-bang IPOs of technology startups, large mergers and acquisitions (M&As), and an accelerated pace of creation of unicorns, or private companies with a valuation of over $1 billion.
The overall VC transaction value more than doubled to $30.04 billion across 630 deals this year till date, as compared to $11.11 billion across 432 deals in 2020, according to VCCEdge--the data intelligence platform of VCCircle.
LetsVenture's Ramaswamy stated that 2022 holds a lot of promise for the Indian startup ecosystem.
"We expect to see the rise of more unicorns, more exit opportunities for investors, a surge in founders starting up and India attracting more interest from international investors," she added.