Mobility Energy and Transportation
Praxis Logo
Praxis Logo

Roaring Startup Ecosystem: As many as 52,391 Startups recognized by DPIIT

Know more→
Mobility Energy and Transportation

Private Capital

Roaring startup ecosystem: as many as 52,391 startups recognized by dpiit

31 Jul 2021

1 min read
The startup ecosystem in India has been oozing positivity in our Nation by being the important engine for growth and job generation and due to vast commercial potential for startups, India is often described as the poster child of emerging markets.
Five years since the launch of the Start-Up India initiative by Prime Minister Narendra Modi, India is witnessing a golden chapter in the history of Indian entrepreneurship. Recognised as the 3rd largest startup ecosystem; as of July 2021, a total of 52,391 entities are officially recognised as startups by the Department for Promotion of Industry and Internal Trade (DPIIT).
Further, India is a dwelling abode to 53 unicorns currently, with a tentative valuation of Rs. 1.4 lakh crore. Apart from it, India’s economy, demography and government’s active support provides a wide spectrum and scope for establishing a thriving startup environment.

Disclaimer: The text, images and content here have been reproduced from the original publisher. Praxian Global Private Limited does not claim any ownership or right to use of this content and the rights belong to the publisher. We have contributed our perspectives, which are often proprietary, to the content publisher. We or the publisher have no obligation to update or refresh the content or our perspectives shared herein.

Ready to talk?

I want to talk to your experts in:

We work with ambitious leaders and transformative clients who are defining the future. Together, we achieve extraordinary outcomes.

Roaring Startup Ecosystem: As many as 52,391 Startups recognized by DPIIT | PraxisGA