Empowering Change Through Innovation and Disruption
Delve into the dynamic world of startups that are addressing critical societal issues with their innovative and disruptive solutions. Witness how they're driving change and inspiring a new wave of social entrepreneurship
The State Of Indian Startup Ecosystem
In 2024, the Indian startup ecosystem is thriving with significant advancements. Home to over 1,18,000 startups and 112 unicorns, India stands as the 3rd largest tech startup hub globally.
The sector has attracted more than USD 70 billion in cumulative funding from 2019 to 2023, showcasing robust growth and investor confidence.
A notable trend is the rise in deep tech investments, accounting for 14% of total startup funding in 2023, with an upward trajectory expected in 2024.
Sector Highlights
E-commerce
Startups in e-commerce grapple with intense competition, logistics issues, and maintaining customer loyalty. Yet, the expanding middle class, increased internet usage, and a shift towards online shopping present significant growth opportunities.
Healthcare
Regulatory hurdles and high R&D costs pose challenges for healthcare startups. However, they stand to benefit from the rising demand for healthcare services, telemedicine, and health tech solutions, especially in underserved rural areas.
Renewable Energy
High initial investment and policy uncertainty are challenges in renewal energy sector, but the growing awareness of sustainability and government incentives offer substantial opportunities for startups in renewable energy solutions.
Economical Impact Of Indian Startup
Initiatives for Startups
Startup India Initiative
To build a strong ecosystem for nurturing innovation and startups.
