While 213 incubators have been selected under the INR 945 Cr Startup India Seed Fund Scheme, INR 11,148 Cr has been committed under the FFS scheme
The Centre has so far guaranteed loans worth INR 555.24 Cr to 235 startups under the credit guarantee scheme, as of October 2024
Indian startup landscape has grown to boast more than 1.59 Lakh startups, 118 unicorns, $158 Bn+ funding, and more than 35 publicly listed new-age tech companies
India is celebrating the National Startup Day today. An ode to the vibrant homegrown startup ecosystem, January 16 commemorates the day when Prime Minister Narendra Modi, in 2016, launched the Centre’s flagship ‘Startup India’ initiative.
In nine years since then, the Indian startup landscape has grown to boast more than 1.59 Lakh startups, 118 unicorns, $158 Bn+ funding, and more than 35 publicly listed new-age tech companies.