The Indian startup ecosystem is a thriving space for all the youthful entrepreneurs and businesspersons who want to make it big as far as tone- employment and innovative ideas of business are concerned. This ecosystem is home to a plethora of openings as it is the third largest incipient ecosystem across the globe, with further than 96 thousand startups, and the value created by the same is USD 500 billion.
As per protrusions, by 2025, farther development in this sector will lead to the total number of startups adding to 2 lakhs, which will employ3.25 million people. It is being projected that from 2021 up to 2025, an aggregate of USD 150- 200 billion will be invested in the Indian incipiency ecosystem, and by 2025, the Indian incipiency ecosystem will come the second largest in the world after the USA and will also have 250 unicorn companies. Along with this, India has also surfaced as a software import mammoth with the largest engineering population in the world and exported further software (USD148.3 billion) than Saudi Arabia exported oil painting (USD145.3 billion) in the time 2021. still, 67 percent of all the startups are concentrated in Bengaluru, Delhi- NCR, if we take a gander at the functioning of the startups in India.
From 2014 to 2022, startups have raised USD 136 billion, with further than 520 accelerators and incubators, further than 750 institutional investors, further than 2480 active investors, and further than 950 accessions. 2022 saw startups raise USD 25 billion across 1,519 deals and 240 M&As. Along with this, India’s 108 unicorn companies have created USD 350 billion in value. 42 startups surfaced as unicorns over 2021, further than the figure for the last six times combined. In 2022, 22 new companies surfaced as unicorns. India is also growing as a deep- tech mecca, with further than 3830 AI startups, further than 1170 IOT startups, further than 190 AR/ VR startups, and further than 40 robotics startups.
