Indian Startup
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Opportunity India Desk Jan 25 2024 - 2 min readNearly 44 per cent of investors actively supported startups in Tier II and Tier III cities, revealing a strong interest in untapped markets, according to a study by management consulting firm Primus Partners. The study, focusing on innovation and entrepreneurship in smaller cities, added that 64 per cent of these backers are channeling ...
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Opportunity India Desk Jan 19 2024 - 2 min readStartups in India secured a total of USD 7.8 billion through 1,085 venture capital (VC) funding deals announced from January to December 2023, according to a report by GlobalData. This marks a substantial 37.9 per cent decrease in terms of VC funding deals volume compared to the announcement of 1,748 deals during 2022. ...
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Himanshu Rawat Jan 18 2024 - 6 min readMicro, small, and medium enterprises (MSMEs) are widely recognized as the growth engines propelling the Indian ecosystem forward. These enterprises, crucial to India's economic landscape, contribute approximately 30 per cent to the GDP, account for 48 per cent of exports, and provide employment to over 11 crore individuals. As the Union ...
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Opportunity India Desk Dec 15 2023 - 2 min readIndia's space sector startups have attracted private investments exceeding INR 1,000 crore since April in the current financial year, said Union Minister Jitendra Singh, adding that the country's space economy currently stands at USD 8 billion, with projections indicating a manifold increase to USD 100 billion by 2040. Singh also highlighted ...
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Opportunity India Desk Dec 07 2023 - 3 min readCountry’s startup ecosystem is flourishing, with close to 1.16 lakh government-recognized startups operating under the Startup India initiative. The government has officially acknowledged 1,14,902 entities as startups as of October 31, 2023, since the program's launch in 2016, said Minister of State for Commerce and Industry Som Parkash. While the Ministry reported this ...