Sreejita Talukdar, Content Writer, siliconindia

India has seen an unprecedented growth throughout the last ten years as the number of innovation and creation is surging in this land. India has uplifted its position as one of the vital global hub for startups where the investors and venture capitalists are getting good return on investment. So they are keener to invest in Indian startups and as the result, more funding is getting infused in Indian Startup ecosystem.

In India, technology has been going through a magical trajectory after the digital revolution. Currently, India is the home of 122,000 tech companies, in which 16,000 new companies joined after 2020. The dawn of 2021 saw the highest level of investment over the previous ten years. Investment firms, angel investors, venture capitalists, and private equity firms, have demonstrated a remarkable level of confidence in Indian Startups.

IIT graduates are always ready to break the ground with their transformative innovations and inspiring the new generation to regenerate & redefine their life with a new enthusiasm

Engineers = Entrepreneur

Within this vast landscape, young entrepreneurs having diverse knowledge in discreet fields of this industry are coming up with new technologies and products every day and report says, within this small part of students who are taking the business as their career, the lion’s share of the visionaries are Engineers. Recently YNOS Venture Engine, has unveiled their analysis regarding the Indian startup, in which it was unearthed that, more than 67% of the Indian Unicorn Startups belong to engineering backgrounds.

The report also revealed that, the non-engineers, who are graduates from business, commerce, and economics fields, now account for 9% of this demography, whereas women represent only approximately 7.2%. Notably, India is boasting with more than 300,000 registered startups.