India surpasses 73,000 startups with women directors: Commerce Ministry
The Hindu
India's vibrant startup ecosystem, driven by women, innovation, and government support, is shaping the global entrepreneurial landscape.
India is home to more than 73,000 startups with at least one woman director, recognised under the Startup India initiative, the Ministry of Commerce & Industry stated on Wednesday (December 25, 2024).
The Ministry, in a release, highlighted that this represents nearly half of the 1,57,066 startups supported by the government, underscoring the crucial role women play in driving innovation and economic growth.
India has emerged as one of the most vibrant startup ecosystems globally, securing its position as the third-largest startup hub.
With over 100 unicorns, the Indian startup landscape is shaping the future of innovation and entrepreneurship.
The entrepreneurial spirit in India has undergone a paradigm shift over the last decade. Cities such as Bengaluru, Hyderabad, Mumbai, and Delhi-NCR have become epicentres of innovation.
The widespread availability of affordable internet, coupled with a young and dynamic workforce, has fuelled the growth of startups in diverse sectors, including fintech, edtech, health-tech, and e-commerce.
According to the “Indian Startup Ecosystem Report” by Startup India, India’s startups have leveraged emerging technologies such as artificial intelligence (AI), blockchain, and IoT to address both local and global challenges.
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