In the new millennium, the shape of India’s vibrant entrepreneurial economy has changed significantly to move towards one driven by technology and innovation. Today, India is one of the largest start-up and innovation hubs in the world, and the Indian start-up ecosystem has become an important contributor in our journey to become a $5 trillion economy. Shifting Orbits chronicles the spectacular rise of the startup landscape in India in four different sections: innovation, incubation, funding and industry perspectives. The first section dives deeper into understanding how India is faring on innovation-led entrepreneurship and delineates the challenges to be overcome. The next section explains how incubators provide a safe harbour for start-ups so that they can survive and flourish as viable businesses. For start-ups to be able to grow and create an impact, funding is critical – the third section examines the current funding scenario and lists the policy changes essential for its growth, The section on industry perspectives takes an analytical, practice-centred view of the growth of the Indian innovation ecosystem. Taken together, Shifting Orbits is a comprehensive narrative on innovation and venturing in India and provides valuable insights on current trends and practices as well as the challenges and potential benefits for the future. Contents: Editorial Advisory Board Foreword by Anand Mahindra Foreword by K VijayRaghavan Preface Acknowledgements List of Contributors About iVEIN and the Publication Series Section I: Innovation 1 India’s Innovation System and Start-ups: Achievements and Opportunities Rishikesha T Krishnan, Srivardhini K Jha and Sumelika Bhattacharyya 2 Patenting by Indian Start-ups: Moving Forward Ruchi Sharma and Madan Dhanora 3 Going Deep: The Dynamics of Founding Radically Innovative Start-Ups Srivardhini K Jha 4 Corporate–Start-up Collaboration Programmes: Improving the Odds of Success Atit Danak 5 Innovating for Social Impact Sumelika Bhattacharyya, Simy Joy and Priya Nair Rajeev Section II: Incubation 6 The Past, Present and Future of Start-up Incubation in India Supriya Sharma, Neharika Vohra and Shailaja Shukla 7 Technology Incubation and Start-up Creation: Lessons from BETIC, IIT Bombay Bhallamudi Ravi 8 Virtual Incubation: Helping Indian Start-ups Grow and Scale Kritika Murugesan 9 Building Synergies for Ensuring Venture Success: The Case of Atal Incubation Centres Abha Rishi, Ajith Chandran and Rahul Singh 10 Nurturing the Next Gen: University Incubation in India Rohan Chinchwadkar Section III: Funding 11 Venture Financing in India: The Seven Trends that Defined the Decadal Trajectory Akshay Natteri Mangadu, Neha Singh and Thillai Rajan A 12 The Wood and the Trees: The Angel Investing Landscape in India Thillai Rajan A and Akshay Natteri Mangadu 13 More than a Century of Angel Investments: A Perspective N Ramakrishnan 14 Family Offices as a Source of Start-up Funding N Ramakrishnan 15 Venture Funding and Translational Research–based Ventures: The Case of AI, ML and Brain Science N Dayasindhu and Krishnan Narayanan 16 Impact and Contribution of Venture Capital Funding Akshay Natteri Mangadu and Thillai Rajan A 17 Angel and Early-Stage Funding for Ventures Akshay Natteri Mangadu and Thillai Rajan A Section IV: Industry Perspectives 18 Driving Innovations, Leveraging Technology in a Turbulent Environment Joffi Thomas and Dinesh Tiwari 19 AgriTech: Triggering Technology-Enabled Transformation Rajesh Ranjan 20 Indian EdTech: Revolutionising Learning Arjun Mohan 21 FinTech: The Leap Ahead Qambar Abidi 22 HealthTech: Shifting Gears Sameer Wagle