Investors prioritize ESG performance over financial viability in startups, promoting responsible business activities. Startups are advised to incorporate environmental and social aspects early to attract better investments.
India has experienced a surge in startups and funding, with over 16,000 new tech companies added in 2020. Despite funding obstacles, investment firms have shown confidence in Indian startups, with a total funding of $8.4 billion in 2023.
Indian startups have reported around 73% decline in funding this year as compared to 2022. Only LetsVenture, Accel, and Blume Ventures have been the top active investors in 2023 to date.
Indian startups driving economic growth through sectors like EV, Fintech, and job creation. India s startup ecosystem is contributing to the country s $5 trillion economy goal.