India’s startup ecosystem is experiencing an unprecedented boom, with the country now being home to over 60 unicorns—startups valued at over $1 billion. This surge is driven by innovation, technology adoption, and a young population eager to embrace entrepreneurial ventures.
In recent months, sectors such as fintech, health tech, and edtech have seen substantial investments. Notable startups like Razorpay and Byju’s have not only attracted domestic investors but also significant international funding.
The government’s initiatives, like the Startup India program, have provided essential support in terms of funding, mentorship, and ease of doing business. However, challenges like regulatory hurdles and competition from global players persist. As the ecosystem matures, the focus is shifting towards sustainable growth and profitability.
