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Rising Startups in India

Rising Startups in India

  • As of June 3, 2021, 50,000 startups across have been recognized as startups by DPIIT, of which 19,896 have been recognized since April 1, 2020.
  • With the launch of the Startup India initiative, recognized startups have now spread across 623 districts.
  • 5 Lakh jobs were reported by 48,093 startups with an average number of 11 employees per startup.
  • Funding opportunities to startups have been enhanced through the Fund of Funds Scheme with an overlay of INR 10,000 crore and the recently launched Startup India Seed Fund Scheme (SISFS) with an outlay of INR 945 crores.

  • Maharashtra, Karnataka, Delhi, Uttar Pradesh and Gujarat have the greatest number of startups.

  • Over 16,000 startups were recognized in the year 2020-2021.

  • About 1.7 lakh jobs were created by recognized startups in the 2020-2021 period alone.

  • The sectors that had the maximum registered startups were ‘Food Processing’, ‘Product Development’, ‘Application Development’, ‘IT Consulting’ and ‘Business Support Services'.

  • The leadership teams of 45% of startups have a women entrepreneur.