Decoding the Essential Facts of Indian Startup Ecosystem 2024

Unbelievable Jobs Generation

The rise of startups in Indian economy has spurred a culture of entrepreneurship by empowering & inspiring more individual citizens to start their own ventures in the business landscape. The startup ecosystem has witnessed immense generation of employment of skilled Indians. According to the Indian Finance ministry, more than 1.14 DPIT registered startups have generated more than 12 lakhs jobs as of 2023.

Between the chaoses of numerous innovations, Indian startups choose to change, progress, excel & inspire at each turn!

To date, more than 112 soonicorns-to-be ventures have created 1.26 lakhs jobs for young citizens of India. To mention, over 90 percentage of the employment have been generated by startups based in three key cities including Bengaluru, Mumbai & Delhi. According to the CII report, Startup ecosystem of India is potential to add-up $1 trillion to Indian economy & estimated to create 50 million jobs by 2030.

“We remain optimistic about the future. The combination of favorable government policies, India’s robust and expanding economy, and ongoing infrastructure developments positions the startup landscape for a brighter and more resilient future,” Aniruddha Sen, Co-Founder, Kenko Health.