128 Indian Startups raised more than $995 million (about Rs 8,000 crore) in VC funding in August, after the financial winter, GlobalData said on Thursday. Not
About 53,000 startups benefitted from DPIIT startup recognition as of July 2021: Govt indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
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New Delhi– India’s startup ecosystem, which is widely considered as the third largest globally, has a total of 52,391 recognised entities as of July 14, 2021, Parliament was informed on Wednesday.
The startups are recognised by Department for Promotion of Industry and Internal Trade (DPIIT) and as of July 14, more than 5.7 lakh jobs have been reported by more than 50,000 startups, Minister of State for Commerce and Industry, Som Parkash, told the Lok Sabha in a written reply.
As per industry estimates, there are 53 unicorns currently in India, with a tentative valuation of Rs. 1.4 lakh crore, he said, adding that valuation of a company is a market driven exercise and the data of individual companies is not maintained by the DPIIT.