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Report suggests investment in B2B startups up 364% since 2014, touched $3.7 billion in 2018

R Sinduja

News Editor
Image Credit: shortpedia

The number of B2B tech startups has more than tripled from 900 to over 3200 now as per the NetApp-Zinnov report on B2B tech startup ecosystem. The report states that growth can largely be attributed to the spurt in need for the digital transformation of enterprises, financial institutions, hospitals, govt, SMEs, etc. It showed that 70% of these startups were 41% enterprise tech, health tech 9%, & fintech 19%.