Jaipriya K S, Content Writer, Siliconindia

India is becoming a global hub for startups where entrepreneurial forerunners unfolding a new chapter in every day. Since the last decade, the trend of investing in inventive startups has transformed the country to solidify its powerful position as a third largest startup ecosystem in the world & globally-vital center for early-stage business & innovations. To date, there are 122,000 tech companies raised in India, especially the year 2020 recorded around 16,000 new tech additions to the country.

By analyzing the core business strength of the startups, Indian & global investors have been investing in the resourceful startup business by showing their support & backing the business to face the uncertainties in the market. These numbers signify the capacity & tendency of the booming startup businesses & their unwavering endeavors. Undoubtedly, the game of Indian entrepreneurship & tech-driven business is scoring high everywhere & fetching unbelievable advancements that fuels progress.

So here, let’s explore the Essential Facts of Indian Startups Ecosystem – 2024 that everyone must know!