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Expect 1 Million Startups in India by 2035, Says Nilekani

Financial Express Kochi

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March 13, 2025

INFOSYS CO-FOUNDER NANDAN Nilekani, who played a pivotal role in building India's digital public infrastructure such as Aadhaar and UPI, expects the number of startups in India to grow 20% every year to reach one million in the next ten years.

- AYANTI BERA

Currently, there are around 150,000 startups in India, but the number is set to rise as employees of larger startups branch out to start their own ventures. E-commerce giant Flipkart is a leading example of this trend, with former employees creating 44 startups as of February last year, with a total valuation of $25 billion.

Financial Express Kochi'den DAHA FAZLA HİKAYE

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