Rise and rise of India's startup story: Growth beyond the funding chill

The Indian startup story has moved away from being just about raising funds

Premium

Aryaman Gupta New Delhi
Amid the current funding winter, investments in the Indian start-up ecosystem have taken a big hit. But the question that arises is should we equate what Indian startups have achieved to only funds raised during the year 2022?

Before we agree to do that, let’s look at what the Indian startup ecosystem has achieved so far. India has a total of 88,395 startups, recognised by the Department of promotion of Industry and Internal Trade (DPIIT).

Moreover, to date, India has over 58,000 tech startups launched. The Indian startup ecosystem has raised a total of $136 billion in funding,

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 18 2023 | 7:57 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com