Hey Questers 🫂,

I know most of us think of doing our own business. We wish to have our own startup🤩  Then lets talk about it.😎

India has emerged as the 3rd largest startup ecosystem globally with over 1,12,718 DPIIT-recognized startups across 763 districts as of October 3, 2023. 📊Ranking #2 in innovation quality, India boasts top positions in scientific publications and university excellence among middle-income economies. Startups span 56 diverse sectors, with 13% in IT services, 9% in healthcare, 7% in education, 5% in agriculture, and 5% in food & beverages.

📈From 2015-2022, the Indian startup ecosystem experienced:

- 15X increase in total funding

- 9X increase in investors

- 7X increase in incubators

The Indian Unicorn boom is phenomenal! With a 66% YoY growth in new unicorns,💪 India now houses 111 unicorns valued at $349.67 billion. Highlights:

- 2021 saw 45 new unicorns ($102.30 Bn)

- 2022 had 22 new unicorns ($29.20 Bn)

- 2023 welcomed Zepto, the latest unicorn

Bengaluru leads as India’s unicorn capital, followed by Delhi (NCR) and Mumbai. The ecosystem thrives in Tier I cities and beyond, covering sectors from E-commerce to Gaming and Data analytics. 🌐 

Unicorn journeys vary from 6 months to 26 years, with many Brands achieving unicorn status in just 6 months in 2021. Whats in your mind then? 😎

Fell free to share your thoughts and ideas in the comments below😇

For more such informative content do follow @sougat

Happy Questing 😎

Sougat 

@iQOO Connect