In India’s dynamic startup ecosystem, the journey from 2016 to today has been nothing short of transformative. Since the launch of the Startup India initiative, the number of startups has skyrocketed from 442 in 2016 to 1,20,000+ today. Growth and transformation have been witnessed in the corridors of innovation as…
Search Results For“unicorn”
Nurturing the Unicorns and Soonicorns
28 Sep 2022 By creating an enabling policy framework supported by a robust ecosystem for nurturing the budding entrepreneurs and startups, India can further fuel the growth of startups and eventually of unicorns in India. India has emerged as the 3rd largest ecosystem for startups as well as the 3rd…
Indian Unicorns Trailblazing a New Frontier
26 May 2022 Harnessing the power of technology, Indian start-ups are providing solutions that can be scaled up and replicated. An indication of an economy’s strength and innovativeness is its start-up ecosystem. In the past few years, especially the past two years during which the Covid pandemic ravaged whole nations,…
Select Is India on the way to become a Global Unicorn Hub? Is India on the way to become a Global Unicorn Hub?
17 Sep 2021 Over the last few years, India’s startup ecosystem has evolved at an astonishing pace. Today, India is home to nearly 40,000 startups, making it the third-largest startup ecosystem in the world. With the second-largest consumer internet market and a growing domestic market, India has been successful in…
India’s Next Big Leap: Leading Global Hardware Innovation
For over two decades, India’s tech story has been synonymous with software. In 2024, the industry generated over $194 billion in revenue, mostly from IT and software services. But as we look to the future, the country’s next big leap won’t be written in code. It’ll be built in factories,…
India’s Startups: Anchors of Resilience in a Changing Global Economy
On National Startup Day, India’s startup ecosystem stands testimony to the power of aligned policy action and industry’s proactive response. As the world’s 3rd largest startup hub, with over 1.97 Lakh DPIIT recognised startups and more than 100 unicorns, India has demonstrated that spirit of entrepreneurship thrives strongest when innovation,…
Budget 2025-26: Growth-oriented budget with focus on consumption and consolidation
Finance Minister Ms. Nirmala Sitharaman presented a holistic, inclusive and development-oriented budget focused on boosting economic growth and generating employment, supported by wide-ranging measures that invest in people, economy, and innovation. This year’s Budget focused on four powerful engines of growth, and introduced reforms for agriculture, MSMEs, investment, and exports. On the…
Startup India: Catalysing economic growth and innovation
India has earned its place as the 3rd largest startup hub globally, with over 100 unicorns shaping the future of innovation and entrepreneurship. Recognised as a powerhouse of entrepreneurial spirit, the country boasts of 157,066 startups acknowledged by the Department for Promotion of Industry and Internal Trade (DPIIT) with more…
Empowering startups through policy support, infra development
India is undergoing an entrepreneurial renaissance, fuelled by a collective resolve to transform the nation into a global hub for innovation and technology. At the heart of this transformation lies the Startup India initiative, which has played a pivotal role since its inception in 2016 in empowering startups through enabling…
One Nation One Tax: GST and the Steel Industry
One Nation One Tax: GST and the Steel Industry ‘GST: One Nation, One Tax’ was conceptualised way back in the year 2000. The objective was to replace the prevailing complex and fragmented tax structure with a unified system that would simplify compliance, reduce tax cascading and promote economic integration. With…