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MY-LP1-PROJECT

Indian Startup Ecosystem Analysis

Project Overview

This project involved an in-depth analysis of the Indian startup ecosystem using funding data from 2018-2021. The key goals were to:

  • Uncover funding trends over the years
  • Identify top sectors receiving investments
  • Pinpoint leading startup hubs
  • Understand impact of sectors on funding amounts
  • Highlight top companies by funding received

Datasets Used

The project relied on Indian startup funding data scraped from multiple sources:

  • 2018: Obtained from a Kaggle dataset
  • 2019: Collected from secondary internet sources
  • 2020-2021: Fetched from a SQL database using Pyodbc

Key Libraries Used

  • Pandas - For data manipulation
  • Matplotlib & Seaborn - For visualizations
  • Scipy - For statistical analysis
  • Forex_python - For currency conversions

Key Findings

  • 2020 witnessed peak startup funding of $38.6B
  • Retail sector received maximum collective funding
  • Bangalore hosted 30% of startups analyzed
  • Startup stage correlates to funds received
  • Reliance Retail topped companies by funding

Future Work

Additional analyses that can provide further insights:

  • Sentiment analysis of investor comments
  • NLP classification of startup descriptions
  • Predictive modeling for expected valuations
  • Graph analysis mapping investor-startup networks

References

Relevant articles and support resources utilized:

  1. Azubi LP1 Data Analysis Course Material
  2. Kaggle Indian Startup Funding Dataset
  3. InvestIndia Startup Reports

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