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In FY2016, more than 50% bootstrapped start-ups and 45% angel-funded start-ups expected to turn profitable, whereas only 22% VC-funded companies expected to turn profitable. The report said 130 companies are expected to raise 0 million in the next 12 months.
The post 130 Indian startups may land 0m in a year; E-commerce rules: InnoVen study appeared first on DealStreetAsia.