TABLE OF CONTENTS

DESCRIPTIVE ANALYSIS.............................................................................................................................4
1.1 BAR REPRESENTATION OF THE SUM AND AVERAGE AMOUNT IN USD VS INDUSTRY
VERTICAL...............................................................................................................................................4
1.2 GEOGRAPHICAL REPRESENTATION OF THE SUM AND AVERAGE AMOUNT IN USD VS CITY
LOCATION...............................................................................................................................................4

1.3 LINE REPRESENTATION OF THE SUM AND AVERAGE AMOUNT IN USD VS DATE (YEAR AND
MONTH)...................................................................................................................................................5

In the above image we can see that the total amount of funding was more in the month of March, 2017
and the average funding was more in the month of May, 2017. We can also see that the sum and
average funding in the year 2016 was almost constant. In the year 2015, there was a spike in the sum
and average funding in the month of July andSeptember........................................................................5
1.4 WATERFALL REPRESENTATION OF THE SUM AND AVERAGE AMOUNT IN USD VS DATE (YEAR
AND MONTH)...........................................................................................................................................6

Q1 To understand whether the average funding for "eCommerce" (Industry Vertical) start-ups is greater
than $ 20 Million USD..................................................................................................................................7
1.5 Inference......................................................................................................................................8
Q2 To understand whether the average funding for "Healthcare" (Industry Vertical) start-ups are more
than "Education" (Industry Vertical) start-ups by $ 2 Million USD..............................................................8
1.6 Inference......................................................................................................................................9
1.7 Inference....................................................................................................................................10
1.8 Inference....................................................................................................................................10
Q3 To understand whether the average funding by "Private Equity" (Investment Type) is more than
"Seed Funding" (Investment Type) by $ 20 Million USD............................................................................11
1.9 Inference....................................................................................................................................12
Q4 To understand whether the average funding for start-ups varies across three years '2015', '2016' and
'2017'.........................................................................................................................................................13
1.10 Anova.........................................................................................................................................13
1.10.1 Single factor.......................................................................................................................13
1.11 Inference....................................................................................................................................14
 DESCRIPTIVE ANALYSIS

1.1 BAR REPRESENTATION OF THE SUM AND AVERAGE AMOUNT IN USD VS

INDUSTRY VERTICAL
From the above graph we can conclude that the total amount of funding is higher in eCommerce and
the average funding is higher in Online Marketplace
1.2 GEOGRAPHICAL REPRESENTATION OF THE SUM AND AVERAGE AMOUNT IN
USD VS CITY LOCATION
We can see that New Delhi has the highest average amount of funding than the other cities and
Bangalore has the highest total amount of funding then the other cities.

1.3 LINE REPRESENTATION OF THE SUM AND AVERAGE AMOUNT IN

USD VS DATE (YEAR AND MONTH)
In the above image we can see that the total amount of funding was more in the month of March, 2017
and the average funding was more in the month of May, 2017. We can also see that the sum and
average funding in the year 2016 was almost constant. In the year 2015, there was a spike in the sum
and average funding in the month of July and September.
1.4 WATERFALL REPRESENTATION OF THE SUM AND AVERAGE AMOUNT IN
USD VS DATE (YEAR AND MONTH)
Q1 TO UNDERSTAND WHETHER THE AVERAGE FUNDING FOR
"ECOMMERCE" (INDUSTRY VERTICAL) START-UPS IS
GREATER THAN $ 20 MILLION USD
Ha: Average funding for eCommerce > $ 20,000,000

H0: Average funding for eCommerce <= $ 20,000,000

Average funding for eCommerce is

Study Aim greater than certain expected value
Variables Average funding for eCommerce

Dependent Not Applicable (Uni-variate)

Independent Not Applicable (Uni-variate)

Data Analysis Method Right tailed z-test

Observed Value 2,87,32,816.16

Expected Value 2,00,00,000

Standard Deviation 162964591.989

Square root of Sample size i.e., 149 12.20655562

Standard Deviation /
Standard Error Square root of Sample
Size
Standard Error 13350579.57

Observed Value -
Test Statistics Expected Value) /
Standard Error
Test Statistics 0.654115135

As it is a large sample size

Critical Value significance value at 5% will be 1.645

Alpha 0.05

Critical Value 1.645

1.5 INFERENCE
Since, test statistics is less than the critical value, we will accept the null hypothesis, therefore the
average funding of eCommerce is less than $20 million USD

Industry Vertical Amount In USD Industry Vertical Amount In USD

Healthcare 10,00,000 Education 82,00,000
Healthcare 4,00,00,000 Education 60,00,000
Healthcare 2,10,00,000 Education 6,70,000
Healthcare 1,95,00,000 Education 5,00,00,000
Healthcare 4,43,000 Education 9,00,000
healthcare 3,70,00,000 Education 40,00,000
Healthcare 30,00,000 Education 10,00,000
Healthcare 20,00,000 Education 1,00,00,000
Healthcare 1,50,000 Education 10,00,000
Healthcare 15,00,000 Education 50,00,000
Healthcare 40,00,000 Education 1,00,000
Healthcare 2,00,000 Education 30,00,000
Healthcare 4,00,000 Education 7,50,000
Healthcare 1,50,000 Education 1,00,000
Healthcare 40,00,000 Education 45,000

Q2 TO UNDERSTAND WHETHER THE AVERAGE FUNDING

FOR "HEALTHCARE" (INDUSTRY VERTICAL) START-
UPS ARE MORE THAN "EDUCATION" (INDUSTRY
VERTICAL) START-UPS BY $ 2 MILLION USD

Ha: Average funding (Healthcare) - Average funding (Education) > $2 Million

USD
H0: Average funding (Healthcare) - Average funding (Education) <= $2
Million USD

Comparing (find difference between average funding

Study Aim
(Healthcare) and average funding (Education))
Variables
Amount in USD (metric), Industry Vertical
(categorical)
Dependent variable Amount in USD (metric)
 Independent Industry Variable
variable (categorical)
Groups
2 Groups (Amount in USD (Healthcare) & Amount
in USD (Education))
Right tailed test Two-sample independence t-test

F- TEST
Ha: variances are not
equal
Ho: variances are
equal

F-Test Two-Sample for Variances

Healthcare (Amount In Education (Amount In

USD) USD)
Mean 8956200 6051000
157704600714286.0
Variance 188267033742857.00 0
Observations 15 15
df 14 14
F 1.193795443
P(F<=f) one-tail 0.372467393
F Critical one-tail 2.483725741

1.6 INFERENCE
Since the F Statistic is less than F Critical one-tail, we will accept the null hypothesis i.e., variances are equal

t-Test: Two-Sample Assuming Equal Variances

Healthcare (Amount In Education (Amount In

USD) USD)
Mean 8956200 6051000
157704600714286.0
Variance 188267033742857.00 0
Observations 15 15
Pooled Variance 172985817228571.00
Hypothesized Mean
Difference 2000000
df 28
t Stat 0.18848202
P(T<=t) one-tail 0.425929127
 t Critical one-tail 1.701130934
P(T<=t) two-tail 0.851858254
t Critical two-tail 2.048407142

1.7 INFERENCE
Since the t Statistic is less than t Critical one-tail, we will accept the null
hypothesis

P(T<=t) one-tail 0.425929127

alpha 0.05
p value > alpha

1.8 INFERENCE
Since it is observable that the p value is greater than alpha, we accept the null hypothesis, therefore, the
average funding for "Healthcare" (Industry Vertical) start-ups is less than "Education" (Industry Vertical)
start-ups by $ 2 Million USD
Q3 TO UNDERSTAND WHETHER THE AVERAGE FUNDING BY
"PRIVATE EQUITY" (INVESTMENT TYPE) IS MORE THAN
"SEED FUNDING" (INVESTMENT TYPE) BY $ 20 MILLION
USD

Ha: Average funding (Private Equity) - Average funding (Seed Funding) >
$20 Million USD
H0: Average funding (Private Equity) - Average funding (Seed Funding) <=
$20 Million USD

Comparing (find difference between average funding

Study Aim
(Private Equity) and average funding (Seed Funding))
Amount in USD (metric), Investment Type
Variables
(categorical)
Dependant variable Amount in USD (metric)
Independent Investment Type
variable (categorical)
Groups
2 Groups (Amount in USD (Private Funding) &
Amount in USD (Seed Funding))
Right tailed test
Two-sample
independence t-test

z-Test: Two Sample

for Means

Private Equity (Amount Seed Funding (Amount

In USD) In USD)
Mean 21747687.2 478884.3055
Known Variance 7348360000000000.00 286434000000.00
Observations 828 694
Hypothesized Mean
Difference 20000000
z 0.425896448
P(Z<=z) one-tail 0.335091652
z Critical one-tail 1.644853627
P(Z<=z) two-tail 0.670183303
z Critical two-tail 1.959963985
1.9 INFERENCE
As it can be seen that the z Statistic is less than z Critical one-tail, we will accept the null hypothesis
therefore the average funding by "Private Equity" (Investment Type) is less than "Seed Funding"
(Investment Type) by $ 20 Million USD.
Q4 TO UNDERSTAND WHETHER THE AVERAGE FUNDING
FOR START-UPS VARIES ACROSS THREE YEARS '2015',
'2016' AND '2017'

Ha: Average funding vary across 3

years
Ho: Average funding do not vary
across 3 years

Study Aim Comparison of average funding across 3 years

(2015, 2016, 2017)
Variables Amount in USD (Metric), Start-up Name
(Categorical)
Dependent Amount in USD
(Metric)
Independent Start-up Name
(Categorical)

1.10 ANOV
A

1.10.1 Single
factor
SUMMARY
Groups Count Sum Average Variance
2015 (Amount 86730223 279963462414
In USD) 654 68.00 13261502.09 8640.00
2016 (Amount 38280886 383318754150
In USD) 586 08.00 6532574.42 893.00
2017 (Amount 58462755 146365213714
In USD) 285 00.00 20513247.37 71200.00

ANOVA
Source of
Variation SS df MS F P-value F crit
Between 39211925625995 196059628129 0.0083 3.00163
Groups 300.00 2 97600.00 4.805835822 0644 6478
62091749502451 407961560462
Within Groups 40000.00 1522 8870.00

62483868758711
Total 40000.00 1524
1.11 INFERENCE
Since it can be seen from the results that the F stat is greater than F critical we will reject the null
hypothesis. Moreover, the mean funding for start-ups varies across three years '2015', '2016' and '2017'.