How has the Indian startup ecosystem evolved over the past nine years under Startup India?
Over nine years, India's startup landscape has transformed dramatically - growing from just 500 startups to an impressive 159,000 registered startups today. The ecosystem now boasts over 110 unicorns across diverse sectors like Fintech, HealthTech, and EdTech that are challenging traditional norms and making India a global innovation hub. India has risen to become the world's third-largest startup ecosystem after the US and China, with major cities like Bangalore, Delhi, and Mumbai ranked among the top 20 global startup hubs. Government initiatives have provided crucial support through funding schemes, tax exemptions, and procurement opportunities, with startups securing over 1,800 crore rupees in government contracts.
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The Epic Journey of Startup India: From 500 to 1 Lakh 59,000 Startups and Over 110 Unicorns
Business_creator2023·6 months ago