Mumbai: Incubation happens out of hatcheries and unicorns are found in cities as well. For those involved in the business of raising capital, both are terms attached to different funding stages in the life-cycle of a start-up. Read on for a primer on start-up funding.
Incubation/bootstrapping ($40,000-$100,000)
The first stage of a start-up when the idea of the business is still developing. The founders of the start-up may put up money, usually pooled together from relatives and friends, or they are helped by so-called incubators that specialise in helping start-ups.