Bharat Express

Startups

Lab-grown diamond startups are experiencing rapid growth as they seek to meet increasing demand for affordable, alternatives to diamonds.

After years of setting up legal headquarters abroad, Indian startups are increasingly shifting their domicile back to India.

Borge Brende, president and CEO of the World Economic Forum (WEF), has stated that India’s growth could reach 7-8% with ongoing reforms.

India has firmly established itself as the third-largest startup ecosystem globally, with over 1.59 lakh startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT).

Indian startups have raised a total of $12.2 billion in funding in 2024, surpassing the entire funding amount for 2023. October alone saw over $1 billion raised across 119 deals, continuing the momentum as the year ends

Over the past five years, more than 10,000 technology startups have been empowered through various government schemes.

In a strong start to July, the Indian startups ecosystem secured $176 million across 16 major funding deals.

Global Capacity Centrea and Startups have created 8 crore jobs for India and a span of 5 years, claimed Labour Secretary, Sumita Dawra.

Prime Minister Narendra Modi reaffirmed the government's dedication to fostering a supportive environment for startups in India.

He reiterated the government's commitment to amplifying women's voices and addressing their concerns to ensure their active participation in economic development.