With more than 72K DPIIT registered startups and over 100 unicorns in India today, this is perhaps as much a right time as any to talk about the gilded age. An age in American history characterized by rapid industrialization where many a fortune was made and erased, especially in the lucrative railroad contracts.
In the past five years, India alone has seen a 53X growth in the number of Angel investors, up from 500 five years ago to 26,500 now. Consequently, a 234% increase was witnessed in Angel funding in the last five years.