India has emerged as one of the major startup hubs in the world today. It is not just home to 75,000 recognized startups, but also formally recognizes more than 80 startups daily, which is the highest rate anywhere in the world. With 107 unicorns so far, the country also ranks third globally in overall unicorn count. Majority of these unicorns have hit pay dirt in the last two years, signaling a thriving startup ecosystem that is rapidly evolving and expanding, the funding winter notwithstanding. Investors not just from India but from all across the globe are keen to invest heavily in Indian startups. With technology becoming central to our lives, evidently, startups and entrepreneurs in India are bound to get all the glory.
The Initiative
BW Disrupt 30 Under 30 is an exclusive initiative that is known for recognizing the innovators among the younger group. This annual exercise spearheaded by BW Businessworld plays a critical role in encouraging disruption by the younger innovators to solve problems for the masses. By finding newer solutions to complex problems, the young innovators are redefining the business norms and nature.
In its second edition this year, BW Disrupt 30 Under 30 also acknowledges intrapreneurs by allowing people who are associated with companies but are not necessarily founders or cofounders to file nominations. Organizations are also striving to match the pace with the redefined processes and work cultures and nurture the talent who have clutter-breaking ideas.
The Universe
We received hundreds of nominations from a mix of startups operating in traditional technology space as well as in mobility, B2B pharma tech, performance agency, D2C marketplace, SaaS-based ventures, ayurvedic brand, wearables, secure logistics, roll-ups, restaurant chains, and what not. The aim is to showcase the phenomenal progress across segments and niches.
This story is from the September 24, 2022 edition of Businessworld India.
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This story is from the September 24, 2022 edition of Businessworld India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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