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 vision of India as the startup capital of the world is not just about creating unicorns but building a nation where innovation drives progress and inclusivity fosters equitable growth. Imagine a rural artisan using digital platforms to reach a global market, a woman entrepreneur revolutionising agritech in her community, or an Indian health tech startup offering affordable AI-powered solutions worldwide.

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History of this topic

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 …

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 …

Startup ecosystem is key to creating sustainable employment opportunities in Andhra Pradesh, says Union Minister P. Chandrasekhar
3 months, 3 weeks ago

Startup ecosystem is key to creating sustainable employment opportunities in Andhra Pradesh, says Union Minister P. Chandrasekhar

The Hindu  

Union Minister of State for Rural Development and Communications P. Chandrasekhar on August 31 said creating a startup ecosystem was imperative to create sustainable employment opportunities in Andhra Pradesh. Pointing out that nearly 65% of India’s population lives in rural areas, Mr. Chandrasekhar said around 10 crore rural population was engaged through the SHG network. He said colleges and universities …

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 …

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, …

Startup revolution: Hyderabad unveils game-changing OTT hub
10 months ago

Startup revolution: Hyderabad unveils game-changing OTT hub

India Today  

Incubez, the world's pioneer Over-The-Top platform dedicated to nurturing the startup ecosystem, proudly unveiled its innovative platform. With a holistic coverage of the entrepreneurial journey, the platform showcases empowering narratives from seasoned mentors, invaluable investor insights, and philosophies from triumphant founders. Incubez provides invaluable resources tailored for entrepreneurs, investors, ecosystem enablers, and every stakeholder in the startup ecosystem, offering enthusiasts …

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 …

For start-ups, ethics and values will define legacy
1 year, 1 month ago

For start-ups, ethics and values will define legacy

Hindustan Times  

Over the past decade, the Indian start-up ecosystem has witnessed a remarkable transformation. Indian start-ups have achieved impressive milestones with over 100 unicorns including companies such as Flipkart, Ola, Paytm, and Zomato and garnering substantial attention. It’s also interesting to note that Indian entrepreneurs have not only excelled domestically but have expanded their operations internationally, making India a global player …

Gender disparities in India’s startup economy - Challenges and opportunities for equality
1 year, 1 month ago

Gender disparities in India’s startup economy - Challenges and opportunities for equality

Hindustan Times  

India, boasting the title of the third-largest startup ecosystem globally, is marred by a glaring issue of the stark gender disparities within its entrepreneurial landscape. To address the gender disparities in India’s startup economy, it’s crucial to identify and confront the underlying challenges: Access to funding: Women entrepreneurs frequently encounter challenges in obtaining capital, primarily due to gender biases prevalent …

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 …

OPINION G20 Summit 2023 More Investments, Increased Collaborations: What G20 Means For The Indian Startup Ecosystem
1 year, 3 months ago

OPINION G20 Summit 2023 More Investments, Increased Collaborations: What G20 Means For The Indian Startup Ecosystem

ABP News  

In a world where economies are increasingly interconnected and global challenges require collective solutions, the G20 Summit can play a pivotal role. Startup20, the first-of-its-kind official engagement group initiated under India's G20 Presidency in 2023, aims to create a global narrative that fosters collaboration among startups, corporations, investors, innovation agencies, and other crucial ecosystem stakeholders. Increased Investment Opportunities Hosting the …

From Agniveers to Resilient Entrepreneurs: What India Can Learn from Israel - News18
1 year, 6 months ago

From Agniveers to Resilient Entrepreneurs: What India Can Learn from Israel - News18

News 18  

India and Israel, two nations with vastly different demographics, geographical sizes, and cultural contexts, have both emerged as vibrant hubs for startup innovation. Israel’s startup success can be attributed, in part, to its strong focus on nurturing young talent through specialised education, mentorship programmes, and support systems that encourage risk-taking and an entrepreneurial mindset from an early age. India’s vast …

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 …

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 …

Involvement Of Youth In The Innovation Process In India
1 year, 11 months ago

Involvement Of Youth In The Innovation Process In India

Live Law  

As stated by the Prime Minister of India ‘Innovation is the key to realizing the dream of a new India’. The focus of these programmes is to advocate for skills to improve young people’s transitions to decent work and to highlight the crucial role of skilled youth in addressing today’s challenging global issues. In 2018, as part of the UN …

BharatPe’s move could trigger a clean-up of startup ecosystem
2 years ago

BharatPe’s move could trigger a clean-up of startup ecosystem

Live Mint  

Fintech unicorn BharatPe has sought up to ₹88 crore in damages from its co-founder and former managing director Ashneer Grover’s wife Madhuri Jain and other family members. ‘World is looking at India as destination for investment’ Chargebee’s backers eye exit at $1.5 bn valuation Why easing inflation can’t offer relief, yet What the Colgate stock needs for sharp upsides The …

Sustainable funding and the Indian start-up ecosystem
2 years ago

Sustainable funding and the Indian start-up ecosystem

Hindustan Times  

India saw a staggering jump of 15,400% in the number of start-ups in just six years, going from 471 in 2016 to 72,993 in 2022. Despite the advancements made, India's businesses still face enormous obstacles that must be overcome if India is to become the world's leading start-up destination. The start-up ecosystem needs to create solutions that help companies in …

Startups can drive hardware innovation and seize the big opportunity
2 years ago

Startups can drive hardware innovation and seize the big opportunity

Live Mint  

The biggest lesson we all learnt during the peak of covid-19 was self-reliance. The EP will grow to be a hub with 20 spoke centres aimed to promote innovation and create unicorns in ESDM by offering access to a holistic ecosystem to accelerate the government’s flagship schemes like Startup India and Make in India. Such support programmes are also replicated …

Here's how startups are changing students' mindsets today
2 years, 2 months ago

Here's how startups are changing students' mindsets today

India Today  

The Indian start-up ecosystem is moving at a scorching pace. Hitherto, more than 57,000 start-ups have been registered and the combined total start-up valuation is close to USD 450 billion. FROM SOUNDBITES TO SUBSTANCES As the center of gravity of the economy is shifting and start-ups are increasingly playing a larger role, the mindset of students is also changing. NO …

How entrepreneurs are transforming India’s narrative
2 years, 3 months ago

How entrepreneurs are transforming India’s narrative

Firstpost  

The narrative the world sees today is that a nation, plundered ad nauseam in the past, has scripted its own revival Mukesh Ambani, Gautam Adani, and NR Narayan Murthy are but a few names that are part of regular global business conversations. Serving local markets did not need scalability or manufacturing operations and yet scalability was provided through integrating various …

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 …

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 …

India Inc could play a lead role in our economy’s global emergence
2 years, 5 months ago

India Inc could play a lead role in our economy’s global emergence

Live Mint  

As India celebrates its 75th year of Independence with the Azadi ka Amrit Mahotsav, we stand at the cusp of a new emerging world order. As former PM Manmohan Singh had commented, “The brightest jewel in the British crown was the poorest country in the world in terms of per capita income at the beginning of the 20th century.” Post-independence, …

TS categorised as ‘top performer’ with strong start-up ecosystem
2 years, 5 months ago

TS categorised as ‘top performer’ with strong start-up ecosystem

Deccan Chronicle  

Hyderabad: Telangana emerged as the ‘Top Performer’ for developing a strong startup ecosystem in the state, according to the ranking of states and Union territories by the Department of Promotion of Industry and Internal Trade released by Union Minister of Commerce and Industry Piyush Goyal in New Delhi on Monday. The ranking list for Indian startups included identifying best practices, …

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 …

Indian startups should build products for the world to sustain wave
2 years, 8 months ago

Indian startups should build products for the world to sustain wave

Live Mint  

Entrepreneurs driving India’s great tech wave should build products for the globe, as they might find it difficult to sustain the wave with only India as their market, feel tech investors and startup founders. “We may have to look at Indian companies actually building global platforms and global businesses as against just only focusing on India for a short- to …

PM Modi suggests students take advantage start-up ecosystem in India
2 years, 9 months ago

PM Modi suggests students take advantage start-up ecosystem in India

Op India  

On Sunday 6th March 2022, Prime Minister Narendra Modi suggested students take advantage of start-ups in various sectors of as India is the third-largest start-up ecosystem in the world. Emphasizing the changing mood of the nation, PM Modi said, “If this change has come into the country then its first credit also goes to all of you, the youth of …

Budget 2022: Incentivise tech adoption among small and medium businesses
2 years, 10 months ago

Budget 2022: Incentivise tech adoption among small and medium businesses

Firstpost  

Union Budget 2022-23: Govt should also look at doing away with mandatory GST registration for businesses with a turnover of less than Rs 40 lakh The Small and Medium Business sector is among the most important sectors of the economy. Incentivise tech adoption among SMBs The Budget presents a good opportunity for the government to incentivise tech adoption among SMBs. …

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 …

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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