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Startup Funding in India Rises to $115 Billion from $8 Billion
The Business Guardian
|January 12, 2025
The Department for Promotion of Industry and Internal Trade (DPIIT) released figures of startup performance in India as a curtain raiser to celebrate National Startup Day on January 16.
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Over the last nine years and since the launch of the Startup India initiative in 2016, the number of registered startups has risen from just 400 to over 157,000 by the end of 2024.
The number of states/UTs with dedicated startup policies has risen from 4 in 2016 to 31.
The funding space also did well, now totaling USD 115 billion, as against USD 8 billion back in 2016.
According to DPIIT, over 1.7 million jobs were created by the Indian startups.
This story is from the January 12, 2025 edition of The Business Guardian.
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