Strong Indian tech startup ecosystem, ripe for scale-ups: Nasscom report

Analysis of about 100 shortlisted "scale-up" stories in startups indicate a story of growth and focus over the past decade

A report by top IT industry body Nasscom points to a strong Indian tech startup ecosystem that's readt for scale-ups. Some of the key findings of the report are:

• The nearly 12,000 strong technology startup ecosystem in India defied all odds during the pandemic and has over 75 unicorns.

• More than $100 billion has been received in cumulative funding from 2010 till date

• This indicates rising global investors' confidence and trust in Indian startups.

• The maturity and diversity of the startup landscape is a driver for scaleup growth in India

Analysis of about 100 shortlisted "scale-up" stories in startups indicate a story