After almost four months of the official launch, SCOPE, a boutique new-age platform bridging the gap between entrepreneurs, marquee investors, and industry experts, has conducted an internal survey. The survey was based on the information gathered from the SCOPE application to get reliable sector-based investment data. It gives an insightful outlook of the progressively growing startup ecosystem and enables stakeholders to assess the economic and financial prospects of high-interest sectors. The SCOPE internal survey was conducted to analyse the buzziest trends of the entrepreneurial ecosystem to help nurture the relationship between investors, entrepreneurs, and industry experts.
After meticulous analysis, it was found that the largest piece of the pie belongs to the fintech sector. As per the survey, 52 per cent of investors on SCOPE are keen to invest in forward-thinking fintech startups. In contrast, only 12 per cent of investors are interested in the e-commerce segment. Furthermore, indigenous product-based startups that leverage innovative and matchless ideas to cater to the needs of modern-age consumers are backed by 17.6 per cent of investors. The remaining 18.4 per cent of investors favor business-to-business (B2B) startups.
Appalla Saikiran, Founder and CEO, SCOPE said, “Surveys are an instrumental approach to understand the latest industry trends. In this context, we conducted an internal survey to get a business acumen of sector-based investment scenarios. The SCOPE internal survey suggests that fintech is the highest sought-after industry in the startup ecosystem, while e-commerce is the least. This analysis provides meaningful insights to the many stakeholders of the entrepreneurial ecosystem to forecast how companies in a particular industry are most likely to perform.”
