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New Delhi: With more than 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of January 15, India has firmly established itself as the third-largest startup ecosystem in the world, the government said on Wednesday. From 2016 to October 31, 2024, recognised startups have reportedly created over 16.6…
New Delhi: A total of 51 founders of 28 Indian new-age startup companies in the country took home Rs 283.5 crore as an annual salary in FY24. According to the Inc42 report, “The average salary of startup founders in India declined by 26.9 per cent on year-on-year (YoY) basis to Rs 5.55 crore in FY…
According to a latest study, startups can add $120 billion to India’s GDP by 2030. NDTV’s Sakshi Bajaj speaks to experts to analyse this study. Source link [ad_3]
PM Surya Ghar Free Electricity Scheme: The government on Friday notified guidelines for implementation of ‘Innovative Projects’ under PM Surya Ghar Muft Bijli Yojana. Under the scheme component ‘Innovative Projects’, Rs 500 crore has been earmarked to encourage advancements in rooftop solar technologies, business models and integration techniques. According to the Ministry of New and…
India is growing through the innovation and startup revolution. The country has so far more than 100 unicorns. Not only men, women are also leading from the front and making their space in modern society as successful entrepreneurs. If you are a woman and have a business plan, then you can also get things running…
Many entrepreneurs in India have risen to remarkable success from humble beginnings. Their hard work and dedication have made them role models for future generations. Though some faced setbacks along the way, these challenges did not deter them from pursuing their dreams. Entrepreneurship is a demanding journey, but those who stay focused and committed often…
New Delhi: The Indian startup ecosystem raised more than $348 million in funding this week, as the growth momentum for the industry continued for a second consecutive week. The Indian startups collectively secured $348 million across 19 deals this week, compared to $466 million raised by 16 startups in the previous week. The week was…
New Delhi: At least 31 homegrown startups raised more than $466 million in 22 deals this week, a significant 75 per cent rise from last week. Quick e-commerce platform Zepto raised $340 million in a follow-on financing round, taking the company’s valuation to $5 billion. General Catalyst led the round, with Dragon Fund, and Epiq…
New Delhi: The government is poised to launch the ‘Agri Fund for Startups and Rural Enterprises’ (AgriSURE) to support agripreneurs. Investments through the fund will be sector-agnostic, and debt alternative Investment Funds (AIFs), as well as direct equity support to start-ups working in Agriculture and allied sectors, an official statement said on Friday. This initiative…