National Startup Day: India’s startups come together, chart out road map

New Delhi [India], January 13 (ANI): On National Startup Day, it is indeed a moment to celebrate that roughly half of all recognised startups in India are now based in Tier II and Tier III cities. This demonstrates that startups are here to stay, despite a brief pause in funding.

It may be noted that the government recently announced a USD 200 million investment in startups that design code, tools, or devices. Calling the startup ecosystem a matter of pride, Vidushi Kapoor, Co-Founder, Process9, said, “We should take immense pride in our startup ecosystem, which is today, the third largest in the world. For this, we should recognise not only our ambitious entrepreneurs, but also investors, incubators, and our government, for nurturing this flame into a blazing fireball. In addition to solving problems innovatively, the ecosystem is also a formidable engine for employment generation, that is fuelling the growth of our economy.”