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The expo titled Emerging Startup Trends in North India at the Biotech Park in Kathua will see the participation of 25 startups comprising 11 from Jammu and Kashmir, six from Gurgaon and Noida, three each from Chandigarh and Kanpur and one each from Dehradun and Roorkee, Science and Technology Minister Jitendra Singh said.

The funding crunch of 2022 and 2023 seems to have done better for the Indian startup ecosystem. According to the findings of a NASSCOM and Zinnov study, about 60 per cent of startup founders reported increased revenue and profitability in 2023.

Vishnu Nagaraj, a native of Palakkad, and his wife Alisha Davis hailing from Thrissur jointly manage Carve Startup Labs (carvestartuplabs.com), a Bangalore based company with a mission to connect Indian startups internationally. Over the past year, Carve Startup Labs (CSL) facilitated opportunities for nearly 50 Indian startups to engage in international events, ensuring their global presence.

Perplexity, a startup going after Google s dominant position in web search, has won backing from Jeff Bezos and venture capitalists betting that artificial intelligence will upend the way people find information online. Started less than two years ago, Perplexity has fewer than 40 employees and is based out of a San Francisco coworking space.

Entering the year 2024, despite the cool atmosphere, Indian startup founders have endured a prolonged and demanding period. The preceding year proved to be challenging, witnessing a freeze in the venture capital pipeline and startup funding hitting a seven-year low.

A report on Thursday revealed India continues to remain the third largest tech startup ecosystem globally, with over 950 tech startups founded in 2023, contributing to a total of more than 31,000 tech startups in the last 10 years. The NASSCOM study highlighted that the cumulative funding for these tech startups from 2019 to 2023 has exceeded USD 70 billion.

India s thriving startup ecosystem has gained the trust of investors, customers and employees alike. Entrepreneurs from various parts of the country have come up with innovative solutions and profitable businesses that are no less than a Silicon Valley company. Let s take a look at give such Indian startups which are at the forefront of innovation:

25 biotech startups showcased their innovations in different areas of biotechnology Vice President of India, Jagdeep Dhankhar inaugurated a Mega StartUp Expo under the theme Emerging Startup Trends in North India on 4rth January 2024, at Kathua, the border town sharing its boundaries with Jammu & Kashmir (J&K), Himachal Pradesh and Punjab, in the presence of Dr Jitendra Singh, Union Minister of State (Independent Charge) Science & Technology.

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