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Startup funding in India rises to $115 bn from $8 bn

The Sunday Guardian

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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.

Startup funding in India rises to $115 bn from $8 bn

Over the last nine years and since the launch of the Startup India initiative in 2016, the number of registered startups has risen whopping from just 400odd 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 totalling 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.

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