The SCOPE internal survey was conducted to analyze the buzziest trends of the entrepreneurial ecosystem to help nurture the relationship between investors, entrepreneurs, and industry experts
Mumbai, 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 analyze 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% of investors on SCOPE are keen to invest in forward-thinking fintech startups. In contrast, only 12% 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% of investors. The remaining 18.4% of investors favor business-to-business (B2B) startups.
AppallaSaikiran, Founder & CEO, SCOPEsaid, “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.”
It is pertinent to note that SCOPE is the epitome of 21st-century application that allows entrepreneurs, irrespective of their background, age, gender, or qualification, to sign in and find compatible people within the startup ecosystem. The platform primarily functions on three Cs: Connect Collaborate and Create. Since its inception, SCOPE has on boarded several high-octane investors and industry experts.
This article was shared with Prittle Prattle News as a Press Release