With India's entrepreneurial ecosystem growing steadily, angel investors and investments are increasing rapidly, giving the country the second highest percentage of angel and incubator participation in the world.
According to a report by the professional services firm EY - earlier known as Ernst & Young - the percentage of angel and incubator participation in India rose to 17 per cent in 2013, from three per cent in 2011. This has been bettered in just one other country - Canada, with 20 per cent in 2013 (see 'A global picture').
