Share on A chance to connect and interact with several big names of the industry, a robust mentorship network and an opportunity to woo investors for global visibility await startups at NXP’s ‘India Tech Startup Challenge’ With close to 12,500 tech startups setting up base in the country, India is home to a vibrant startup ecosystem. Despite the COVID-19 pandemic and the ensuing lockdowns, the tech startup ecosystem continues to flourish in India. According to a report, 1,600 new tech startups were launched and 12 unicorns emerged in India in 2020. In fact, the country’s tech startup base is witnessing a steady year-on-year growth of 8-10 percent.