NEW DELHI, Dec 31 : Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh inaugurated “Incubation Centre” at National Research Development Corporation (NRDC) here today for multidimensional StartUp support. Chairman and Managing Director NRDC,Commodore(Retd) Amit Rastogi and his entire team welcomed DrJitendra Singh and pointed out that he was the first ever Minister for Science and Technology who was visiting […]
India’s 100 unicorns provide formal sector employment to about 272,000. While this number has grown briskly in the last two years, it’s a small fraction of overall corporate employment and also what these unicorns employ via the informal sector.
India’s 100th unicorn: Bengaluru-based neobank Open achieves $1 billion valuation - Overall, Indian startups raised more than $10 billion during the first quarter of 2022, up from $5.7 billion in the same period in 2021.
The Indian startup space is abuzz with deals irrespective of their location but founders from top colleges are on a fundraising spree. While Delhi boasts of the highest number of new startups, Bengaluru still dominates the funds by far, a Mint analysis shows
India saw the highest number of start-ups attaining Unicorn status in 2021 during the pandemic period. Of these, 10 per cent of the start-ups were led by women founders. The increasing presence of women as entrepreneurs has led to a change in the dem