Thu, Dec 19, 2024
In 2024, the top-performing sectors were the gig economy, retail, and enterprise applications. The gig economy received $2.2 billion in funding, up 414 per cent from $420 million in 2023, demonstrating its tremendous expansion and investor trust.
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In fact, the contribution by startups can surge to a whopping $1.6 trillion by 2047, thus contributing 5 per cent of the GDP when India aims to become a 'Viksit Bharat' with a $35 trillion economy, the report mentioned.
Wed, Sep 04, 2024
The report said that the estimated combined value of all fintech companies in India is around $125 billion. The estimated income of all these companies in FY23 was around $20 billion. This was 5 per cent of the total revenue of all banks, financial services and insurance (BFSI) companies in the country.
Thu, Mar 14, 2024
Sectors such as retail and e-commerce, next-gen financial services, manufacturing, and SaaS and digital are poised to drive massive growth in the coming years.
Thu, Dec 28, 2023
Reflecting a challenging environment for the startup ecosystem, which has churned out numerous unicorns, the total funding tumbled this year compared to a staggering $35 billion it attracted two years ago.
Thu, Apr 13, 2023
Fintech startups in the country attracted investments worth $1.2 billion in Q1 2023, 55 per cent lower (year-on-year) than $2.6 billion they raised in the same period last year, a report showed on Thursday.
Wed, Mar 15, 2023
The report reveals that with new additions, the total number of unicorns in India is 96 now
Mon, Sep 12, 2022
The government has launched an initiative called Supporting Entrepreneurs in Transformation and Upskilling (SETU) to provide mentorship and guidance to Indian startup leaders.
Fri, Aug 12, 2022
The minister Jitendra Singh said, India ranks third among the most attractive investment destinations for technology transactions in the world as it has a strong focus on science and technology.
Sun, Apr 10, 2022
Creation of 14 more unicorns takes the overall tally of startups with over USD 1 billion valuation in the country to 84 now, according to a PwC India report.
Wed, Feb 23, 2022
Taking to Twitter, Piyush Goyal shared a pic and wrote, "Another 'Kacha Badam' becomes 'Pakka' - India adds its Tenth Unicorn in just 53 days."
Thu, Feb 10, 2022
As many as 14 new unicorns were added in the Indian tech start-up ecosystem in Q4 2021.
Thu, Jan 19, 2017
The current number of unicorn start-ups in the world stand at 186 and are collectively worth around $656 billion.
Sun, Oct 16, 2016
From a high of 25 new unicorns in Q3 2015 it has now dropped to only 8 companies that VC-backed globally to enter the prestigious club.
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