In 2016, there were just under 5,000 startups in India, as per data from Statista. Since then, India has experienced a digital boom, and the startup sector fully capitalised on it there are now more than 99,000 startups in India. Sangeeta Bavi, Executive Director Digital Natives, Microsoft India, pegs this exponential growth to the pivotal role played by technology in fostering growth and innovation.

Indian Angel Network, IIM Alumni Singapore collaborates to fund new startups, create jobs IIM Alumni Singapore members will have access to IAN s startup investment opportunities. IAN angel investors will have access to IIM Alumni linked startups. The partnership will enable both IAN and IIM Angel Investors portfolio companies to leverage the Indian and South East Asian markets. (Image: Press Release)

In a groundbreaking move, the Centre for Research on Startups and Risk Financing (CREST) at IIT Madras, in collaboration with YNOS, has introduced Incubators. This innovative platform aims to consolidate information on India s diverse incubators and accelerators, easing the startup selection process. This innovative platform aims to consolidate information on India s diverse incubators and accelerators, easing the startup selection process.(startup)

Investors attending the TiE Global Summit (TGS) exuded confidence that funding winter for Indian startups will end by March but said budding entrepreneurs seeking funds must come up with credible plans to generate returns on investments, as fancy valuations will no longer impress global fund managers.

Episode 5 and 6 of Indian Angels, the world’s first angel investment show on OTT, where viewers can also invest alongside the angels, are currently streaming on Jio Cinema. These episodes featured pioneering pitches from six innovative startups. In episode 5, Sohamm Snacks, Yogify, and Furry Feedz presented their visionary ideas, while episode 6 showcased Clifton, F Pay, and Phases Skincare seeking capital from a panel of six esteemed angel investors.

Within the revamped space of legal and institutional reforms and presence of FPOs which can potentially offer scale, innovations have tremendous scope in getting markets right. Innovations in the agricultural sector are not limited to big box ideas; increasingly, it is startups that have been first movers in providing important plugins to address issues related to farming, postharvest supply chain management, participation of farmers and linking them to markets.

In the latest round of layoffs, the Indian Edtech startup Physicswallah has reportedly terminated 120 employees. This move by the Unicorn startup reflects a trend observed among startups this year, primarily driven by financial constraints. According to reports, the company has downsized its workforce as part of a performance-based evaluation process.

Bengaluru Becomes India s Top Destination for Women Led Startups with 1,783 Enterprises Photo : Times Now Bengaluru : According to data from startup data platform Tracxn, Bengaluru has emerged as the prime destination for women led startups in India, with a total of 1,783 such enterprises. Mumbai and Delhi follow closely behind with 1,480 and 1,195 women led startups, respectively.