75,000 Startups Recognised In India So Far, This is Only Beginning: Goyal
2 years, 4 months ago

75,000 Startups Recognised In India So Far, This is Only Beginning: Goyal

News 18  

Commerce & Industry Minister Piyush Goyal on Wednesday said 75,000 startups have been recognised in India and the startup ecosystem here continues to be fuelled by innovation, enthusiasm and entrepreneurial spirit. India is now home to 75,000 startups in the 75th year of Independence and this is only the beginning,” Goyal said in a tweet on Wednesday. pic.twitter.com/Dh6sVxUnLU — Piyush Goyal August 3, 2022 The Department for Promotion of Industry and Internal Trade has recognised more than 75,000 startups- a milestone which coincides with 75th year of independence. “An impressive, 7.46 lakh jobs have been created by the Indian startup ecosystem so far, which has been a 110 per cent yearly increase over the last six years.

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Tamil Nadu achieves milestone with 10,000 DPIIT-registered startups
Trending News
17 hours, 15 minutes ago

Tamil Nadu achieves milestone with 10,000 DPIIT-registered startups

Deccan Chronicle  

Chennai: Tamil Nadu has achieved a milestone by registering over 10,000 startups with the Department for Promotion of Industry and Internal Trade, under the Union Ministry of Commerce and Industry, the state government said on Sunday. StartupTN has played a crucial role in nurturing the ecosystem by implementing various schemes and initiatives like funding programmes, mentorship opportunities and incubation support, …

TN achieves milestone with 10,000 DPIIT-registered startups
1 day, 12 hours ago

TN achieves milestone with 10,000 DPIIT-registered startups

Deccan Chronicle  

Chennai: Tamil Nadu has achieved a milestone by registering over 10,000 startups with the Department for Promotion of Industry and Internal Trade, under the Union Ministry of Commerce and Industry, the state government said on Sunday StartupTN has played a crucial role in nurturing the ecosystem by implementing various schemes and initiatives like funding programmes, mentorship opportunities and incubation support, …

Hurun India’s Top 200 Self-Made Entrepreneurs Of The Millennium 2024 List: Check The Top 10 Names Here
5 days, 13 hours ago

Hurun India’s Top 200 Self-Made Entrepreneurs Of The Millennium 2024 List: Check The Top 10 Names Here

ABP News  

Hurun India’s Top Self-Made Entrepreneurs: IDFC FIRST Private Banking and Hurun India have released the second edition of the "IDFC FIRST Private & Hurun India’s Top 200 Self-Made Entrepreneurs of the Millennium 2024" list. Vikas Sharma, Head of Wealth Management and Private Banking at IDFC FIRST Bank, highlighted the importance of the report in recognising the accomplishments of India’s visionary …

Innovating India: Crafting the world's leading startup ecosystem
1 week, 1 day ago

Innovating India: Crafting the world's leading startup ecosystem

Hindustan Times  

India is on a transformative journey to establish itself as the startup capital of the world, driven by a vibrant entrepreneurial spirit, visionary policies and a growing digital ecosystem. India’s startup ecosystem is the third-largest in the world, comprising over 100 unicorns and a plethora of promising ventures across sectors such as fintech, health tech, agritech and deep tech. The …

India should aim for one startup per 1,000 people like Israel: Piyush Goyal
2 weeks, 4 days ago

India should aim for one startup per 1,000 people like Israel: Piyush Goyal

Live Mint  

New Delhi, December 5 : Union Minister Piyush Goyal said India should aim for one startup per 1,000 people, drawing inspiration from Israel's success in fostering innovation. The minister noted that Israel, despite being a small country, has prioritized innovation, resulting in one startup for every 1,000 people. Somebody comes up with a brighter and better idea how to do …

Public procurements may come with startup quotas
2 weeks, 6 days ago

Public procurements may come with startup quotas

Live Mint  

Top central ministries are discussing a proposal that may mandate public sector units to purchase 10% of their requirements from startups, two people aware of the development said. Some of India's ongoing efforts to encourage startups sector include the Startup India seed fund initiative and Atal Innovation Mission. This initiative not only provides a platform for startups to showcase innovative …

India’s startup scene is picking up speed again
1 month, 1 week ago

India’s startup scene is picking up speed again

Hindustan Times  

Visitors to Bangalore, India’s tech hub, quickly learn why locals measure distances in minutes and not kilometres. India’s startup scene has had a difficult few years, as funding dried up and once high-flying firms crashed back down to earth. In January the banking arm of Paytm, an Indian fintech giant, was ordered by India’s central bank to stop all services …

Karnataka's Startup Ecosystem Booms, with 263 New Ventures Entering Global Market
1 month, 3 weeks ago

Karnataka's Startup Ecosystem Booms, with 263 New Ventures Entering Global Market

New Indian Express  

Karnataka's startup ecosystem continues to thrive, with the state registering 263 new startups in various sectors, including healthcare and education. The surge in these sectors is attributed to the post-pandemic emphasis on digital learning and the growing demand for innovative healthcare solutions.

India Among Top 3 Startup Destinations in the World, With Bengaluru, Delhi, and Mumbai Leading the Charge
1 month, 4 weeks ago

India Among Top 3 Startup Destinations in the World, With Bengaluru, Delhi, and Mumbai Leading the Charge

Hindustan Times  

India's entrepreneurial spirit is on the rise, with the country ranking among the top three startup destinations globally. According to the IIT Mandi report, 14% of Indian students plan to become founders shortly after graduation, highlighting a growing interest in entrepreneurship. The survey also shows that 49% of students have participated in entrepreneurship courses, indicating a growing awareness and interest …

India marks 1.4 lakh registered startups, Maharashtra tops list followed by Karnataka, Delhi
4 months, 3 weeks ago

India marks 1.4 lakh registered startups, Maharashtra tops list followed by Karnataka, Delhi

New Indian Express  

NEW DELHI: The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of State for Commerce and Industry, Jitin Prasada, in Rajya Sabha. He stated that the Government, to build a strong ecosystem for nurturing innovation, startups, and encouraging investments in the startup ecosystem of the country, launched the Startup India initiative on January …

Kerala startup ecosystem registers 254 per cent growth: Study
6 months, 1 week ago

Kerala startup ecosystem registers 254 per cent growth: Study

New Indian Express  

KOCHI: According to The Global Startup Ecosystem Report 2024 released by a leading development organisation, the value of Kerala’s startup ecosystem has shown a compound growth of 254% between July 1, 2021, to December 31, 2023, compared to the July 1, 2019, -December 31, 2021, period. The extensive analysis is done with data from 4.5 million startups across 300 global …

Focus on startups and technologies the world truly needs: Nivruti Rai
8 months, 3 weeks ago

Focus on startups and technologies the world truly needs: Nivruti Rai

Live Mint  

Indian entrepreneurs and investors must focus on startups and technologies that serve the most pressing needs of the world to ensure continued investments into India and prevent funding winters, Nivruti Rai, managing director of Invest India said. And I do see a gap in the tech in areas where the world is investing a lot in - whether it is …

How can India become the No. 1 nation for startups? Amitabh Kant has some advice
8 months, 3 weeks ago

How can India become the No. 1 nation for startups? Amitabh Kant has some advice

India Today  

In the past eight years, India has transformed from having just 300 startups to becoming the third largest startup ecosystem globally with over 1,12,000 startups, said G20 Sherpa and former Niti Aayog CEO Amitabh Kant during the inaugural keynote address at the 'Startup Mahakumbh' held in New Delhi between March 18 and March 20. Here are the five pivotal things …

India’s startup growth to pave way to developed nation by 2047: PM Modi
9 months ago

India’s startup growth to pave way to developed nation by 2047: PM Modi

Live Mint  

India has emerged as the world's third-largest startup ecosystem, a development that Prime Minister Narendra Modi believes will chart the country's course towards becoming a developed nation by 2047. In the field of Intellectual Property Rights, India is moving towards becoming the leading country among the top countries.” The Startup Mahakumbh was organized in collaboration with various entities, including Assocham, …

National Startup Day: Visionaries speak on new ventures’ role in driving growth
11 months, 1 week ago

National Startup Day: Visionaries speak on new ventures’ role in driving growth

Live Mint  

National Startup Day: In recent years, Indian startups have experienced extraordinary growth, propelling the country to the position of the third-largest startup ecosystem globally. Celebrating National Startup Day on January 16, key figures in the startup ecosystem shared insights on the crucial role the new ventures played in shaping India's future. India recorded over 112,718 DPIIT-recognised startups spanning 763 districts …

How Indian startups are contributing to India’s $5 trillion economy goal?
1 year, 2 months ago

How Indian startups are contributing to India’s $5 trillion economy goal?

Live Mint  

Indian startups have witnessed remarkable growth in recent years, with the country emerging as the third-largest ecosystem for ventures globally. In 2022, Indian startups attracted a whopping $42 billion in funding, a substantial leap from the previous year's $16 billion which underscores their pivotal role in India's aspiration to achieve a $5 trillion economy goal. India will soon become a …

Here are top-20 startups on the rise in India in 2023, according to LinkedIn
1 year, 2 months ago

Here are top-20 startups on the rise in India in 2023, according to LinkedIn

Live Mint  

Venture funding, layoffs, and leadership churn have taken a hit in Indian startups in the past year amid economic headwinds. However, despite all the gloom, the country's space tech startup ecosystem has achieved new heights, artificial intelligence-focused companies are attracting investor interest, and electric vehicle startups are powering green rides at India Inc. According to the sixth annual LinkedIn top-startups …

Startups in India will increase by 10 times in next 4-5 years: Rajeev Chandrasekhar
1 year, 5 months ago

Startups in India will increase by 10 times in next 4-5 years: Rajeev Chandrasekhar

India TV News  

Startups in India: Startups and unicorns in India will witness substantial growth in the coming 4-5 years, and startups will increase by 10 times, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said. In his address at the JIIF 6th Foundation Day and Investors/Startup Conclave in Hyderabad, he highlighted India's remarkable progress in building unicorns and startups, and …

Starting your own business? These govt schemes can support your startup in India
1 year, 6 months ago

Starting your own business? These govt schemes can support your startup in India

Live Mint  

In this era of startups, India is leading the world as the country has created a robust ecosystem for businesses and entrepreneurs. List of schemes launched to help Indian startups 1) Multiplier Grant Scheme: The Department of Electronics and Information Technology initiated the Multiplier Grant Scheme to empower collaborative research and development among industries which helps to boost the growth …

India adds 1,300 new startups, 23 unicorns
1 year, 10 months ago

India adds 1,300 new startups, 23 unicorns

Deccan Chronicle  

Chennai: Over 1,300 technology-focused start-ups were added in 2022, taking the total number of active tech start-ups to 25,000 – 27,000. India also added the second highest number of unicorns in the world — over 23 in 2022. The country also added the second highest number of unicorns in the world, with over 23 added in the calendar year 2022. …

Boost for female entrepreneurs; report says 18% Indian startups are women-led
1 year, 10 months ago

Boost for female entrepreneurs; report says 18% Indian startups are women-led

Hindustan Times  

According to a report published Wednesday by the National Association of Software and Services Companies in collaboration with Zinnov, 18 per cent of startups in India are led by at least one woman founder or co-founder. At least 36 unicorns and potential unicorns in India has at least one woman founder or a co-founder, as per the report. Indicating the …

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18
1 year, 10 months ago

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18

Firstpost  

Finance Minister Nirmala Sitharaman said, ‘The major push for startups happened in 2016 when the honourable Prime Minister announced a policy. And subsequently year after year giving concessions’ New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that funds are waiting to see more innovative startups from India and assured that there is no scarcity of funding. In an …

Budget 2023 | Government extends support measures for start-ups
1 year, 10 months ago

Budget 2023 | Government extends support measures for start-ups

The Hindu  

Asserting the importance of entrepreneurship for the economic development of the country, Finance Minister Nirmala Sitharaman on Wednesday proposed to extend the period of incorporation for income tax benefits to eligible start-ups by one more year till March 31, 2024. India is now the third-largest ecosystem for start-ups globally and ranks second in innovation and quality among middle-income countries,” Ms. …

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups
1 year, 10 months ago

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups

Firstpost  

The Indian startup ecosystem has been witnessing an unprecedented boom in the last few years with new businesses emerging in a multitude of sectors. As a result, this year’s Union Budget 2023 is being closely watched by many startups, as they seek measures to support them in overcoming these difficult times. To ensure effective regulation of the rapidly developing startup …

India ideal for start-ups: Kishan Reddy
1 year, 10 months ago

India ideal for start-ups: Kishan Reddy

Deccan Chronicle  

HYDERABAD: Union minister Piyush Goyal on Saturday called for the creation of an international network of mentors, investors and entrepreneurs to strengthen the global start-up ecosystem while his Cabinet colleague G. Kishan Reddy said today’s youth wanted to be job creators instead of job-seekers. They were speaking at the inaugural session of Startup20 — the newest engagement group of G20 …

Budget 2023 Expectations: Startups seek efforts to foster innovation and digitisation
1 year, 10 months ago

Budget 2023 Expectations: Startups seek efforts to foster innovation and digitisation

Firstpost  

The year gone by would be remembered as a marquee year for the technology space, especially smart wearables, from an innovation and adoption standpoint in India. Attention to diversifying the vast pool of Indian talent will also help create new cutting-edge differentiation in the startup sector, enabling India to take center stage in the global ecosystem. Creating an ecosystem for …

Data | Indian startups founded in 2021 took only 28 months to go from seed stage to Series A funding: RBI paper
1 year, 10 months ago

Data | Indian startups founded in 2021 took only 28 months to go from seed stage to Series A funding: RBI paper

The Hindu  

A recent article titled ‘What drives startup fundraising in India?’ was published as a part of the January 2023 issue of the Reserve Bank of India’s monthly bulletin. The article also points out that the number of months taken by startups in India to climb up the funding ladder has drastically declined in recent years. Only those entities which work …

Success rate of startups in India higher than in other countries: Piyush Goyal
2 years ago

Success rate of startups in India higher than in other countries: Piyush Goyal

The Hindu  

The government on Wednesday said that the success rate of startups in India was much higher than in other countries of the world, and the number of startups in the country had increased from 452 in 2016 to 84,012 till November 2022. Though I must say, the success rate of startups in India is relatively higher than the rest of …

India witnesses a massive 15,400% rise in startups in last 6 years
2 years, 4 months ago

India witnesses a massive 15,400% rise in startups in last 6 years

Live Mint  

India registered a whopping rise of 15,400% in the number of startups that rose from from 471 in 2016 to 72,993 as on 30th June 2022. In a written reply to a question in the Rajya Sabha, Union Minster of State for Commerce and Industry Som Prakash stated that the Startup India initiative was launched in 2016 with the objective …

Start-ups in India brace for ‘long and bitter winter’
2 years, 5 months ago

Start-ups in India brace for ‘long and bitter winter’

The Hindu  

With funding starting to dry up due to global macro-economic factors, the startup ecosystem in India is bracing itself for a “long and bitter winter” and potential mass lay-offs in the next 12-18 months, particularly in sectors such as ed-tech and gaming that got a significant push during the pandemic, according to experts. As per data from the Ministry of …

Google launches Startup School India, targets 10,000 startups in small cities
2 years, 5 months ago

Google launches Startup School India, targets 10,000 startups in small cities

India Today  

Google launched the Startup School India initiative today, July 6, which aims to gather relevant information on startup building into a systematic curriculum to help 10,000 startups in Tier 2 and Tier 3 cities. An effective product strategy, product user value, designing apps for the next billion users in markets like India, and user acquisition are just a few of …

Startup Layoffs: Overall Funding Is No Less This Year, But Why Firms are Firing Employees
2 years, 6 months ago

Startup Layoffs: Overall Funding Is No Less This Year, But Why Firms are Firing Employees

News 18  

Although start-ups are resorting to lay-off of employees as they cite cost-cutting as the primary reason, data show that the overall funding for these new-generation enterprises during January-April this year is almost the same as last year and even the number of companies raising over USD 100 million is also higher than last year. Interestingly, the data showed that the …

India Needs 10 Lakh Start-ups To Generate 1 Crore Employment: Report
2 years, 7 months ago

India Needs 10 Lakh Start-ups To Generate 1 Crore Employment: Report

ABP News  

New Delhi: Indian start-ups have created more than 7 lakh employment across the country to date since the government rolled out the Startup India initiative on January 16, 2016. according to CMIE data, unemployment in the country hovers at 7.3 per cent in May, 2020, which means 7.3 per cent of the country’s workforce is jobless. The rate of unemployment …

Total 100 Unicorn Start-Ups In India Now But Only 23 In Profit: Report; Know In Details
2 years, 7 months ago

Total 100 Unicorn Start-Ups In India Now But Only 23 In Profit: Report; Know In Details

News 18  

With the country getting its 100th unicorn last week, Open, after it raised USD 50 million at a valuation of USD 1 billion, start-ups have so far raised over USD 80 billion from investors to date, creating a total market value of more than USD 300 billion. The year 2021 experienced a huge surge in the number of unicorns, registering …

The Startup India initiative
2 years, 8 months ago

The Startup India initiative

The Hindu  

Anish Tiwari, Colm O’Gorman and Teresa Hogan, ‘The good, the bad, and the ugly of ‘Startup India’ — a review of India’s entrepreneurship policy’, Economic & Political Weekly, Vol, 2021. A research paper from Dublin City University in Ireland, reviewing India’s entrepreneurial policy Startup India, affirmed its positive impact in reducing regional entrepreneurial disparities. Startup India was introduced in 2016 …

65,861 recognised startups in India, a steep rise from 726 in 2016: Govt
2 years, 8 months ago

65,861 recognised startups in India, a steep rise from 726 in 2016: Govt

India Today  

The government's sustained efforts have resulted in an increase in the number of recognised startups from 726 in 2016-17 to 65,861 as of March 14 this fiscal, according to a report presented to Parliament on Friday. "Sustained government efforts in this direction have resulted in increasing the number of recognised startups from 726 in FY 2016-17 to 65,861 in FY …

BharatPe: The coming of age story for Indian startups | OPINION
2 years, 9 months ago

BharatPe: The coming of age story for Indian startups | OPINION

India Today  

The past few years have put the spotlight on the phenomenal wealth creation by a tribe of businesses called “startups”. The issue has come to prominence due to the governance related matters of BharatPe, a phenomenal financial technology or fintech startup, that pushed the creation of unified QR codes for UPI based payment acceptance, and forced the QR code-based payment …

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom
2 years, 11 months ago

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom

New Indian Express  

NEW DELHI: Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs, a new Nasscom report said on Friday.The Indian tech startup base continues to witness steady growth, adding over 2250 startups in 2021, which is 600 more than 2020. India, accounting for …

PM Modi Pegs Startups as Backbone of New India, Declares Jan 16 as National Startup Day
2 years, 11 months ago

PM Modi Pegs Startups as Backbone of New India, Declares Jan 16 as National Startup Day

News 18  

PM Modi Interacts With Startups: Prime Minister Narendra Modi on Saturday interacted with over 150 startups across different sectors. The Prime Minister, during his interaction via video conferencing, said that startups are going to be the backbone of new India. I believe that startups are going to be the backbone of India,” said the Prime Minister during his speech. When …

Central Govt Announces First-Ever Startup India 'Innovation Week'
2 years, 11 months ago

Central Govt Announces First-Ever Startup India 'Innovation Week'

News 18  

The Centre will organise the first-ever Startup India “Innovation Week” from Monday to bring together the country’s key startups, entrepreneurs, investors, incubators, funding entities, banks, policymakers, etc under one platform to celebrate entrepreneurship and promote innovation, and to showcase the spread and depth of entrepreneurship across India, an official statement said. According to the Commerce and Industry Ministry statement, the …

1000 student-led startups chosen for Delhi govt Business Blaster programme
2 years, 11 months ago

1000 student-led startups chosen for Delhi govt Business Blaster programme

India Today  

On Saturday, the Delhi government mentioned that as many as 1000 student-led startups, out of 51,000 ideas, have been selected for the next round of the Delhi government's Business Blaster programme. Delhi Deputy CM, who also holds the education portfolio, Manish Sisodia, said that these student entrepreneurs, from the Arvind Kejriwal government's school start-up programme, will bring back the glory …

Entrepreneur First announces pre-seed investment in 8 Indian tech start-ups
3 years, 9 months ago

Entrepreneur First announces pre-seed investment in 8 Indian tech start-ups

Live Mint  

NEW DELHI: Entrepreneur First, a UK-based global talent investor has announced a total pre-seed investment of $440,000 in eight cutting-edge tech startups from its fourth cohort in India. And the fourth cohort is no different - from smart recruitment for SMEs to AI-driven automated apparel cataloguing to revolutionizing antibody discovery and immersive experiences, these startups show are well poised to …

India is in the middle of a much-needed start-up revolution
4 years, 1 month ago

India is in the middle of a much-needed start-up revolution

Hindustan Times  

Five years since Prime Minister Narendra Modi launched the Start-Up India initiative, we are witnessing a golden chapter in the history of Indian entrepreneurship. India now has 38,756 officially-recognised start-ups –– with 27 unicorns, eight of which achieved this status in 2020 –– and is the third-largest tech start-up hub globally. The Atal Innovation Mission, Niti Aayog, has built an …

India got a solid startup ecosystem due to futuristic vision and decisiveness: Goyal
4 years, 1 month ago

India got a solid startup ecosystem due to futuristic vision and decisiveness: Goyal

Live Mint  

Union Commerce and Industry Minister Piyush Goyal on Tuesday said at an event that futuristic vision combined with decisiveness has provided India with a solid startup ecosystem. Lauding Indian startups for demonstrating high energy and enthusiasm to give many timely and cost-effective solutions, he said “Our hunger for growth is demonstrated by the number of EdTech apps for upscaling & …

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