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Economic Times
4w
22
Image Credit: Economic Times
Foreign university returnees now lead Campus Fund’s startup deal flow
- Student founders returning from foreign universities are now the top source of deal flow for Campus Fund, marking a shift in the entrepreneurship landscape in India.
- Campus Fund, Asia's largest venture capital fund focusing on student-led startups, has 35 portfolio companies in sectors like AI, Spacetech, Biotech, and CleanTech.
- The report underscores that India's potential big global companies are emerging from college labs and hostel rooms with young, innovation-driven founders at the forefront.
- The top five sectors attracting capital include Consumer Products & Brands, EdTech, Services, DeepTech, and Healthcare.
- DeepTech experienced a significant rise, moving from seventh to fourth position, while Services dropped to third place.
- Current student-founded startups account for 33.84% of the total, with BTech graduates leading at 45.59% followed by MBA and BSc graduates.
- BITS Pilani stands out as the top institution in India producing student founders, with a contribution of 3.79%.
- Student founders from foreign universities now represent 4.5% of Campus Fund's deal flow, indicating a possible shift in traditional brain drain trends.
- Karnataka leads in the number of student-led startups at 21.5%, followed by Maharashtra at 18.1% and Delhi at 12.0%.
- Women head 26% of startups in Campus Fund's pipeline, with the Consumer Products sector showing the highest gender diversity.
- The future of venture capital is being redefined by Campus Fund, focusing on conviction over credentials and the supremacy of ideas over experience.
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