India is now the third-largest startup market globally and is home to more than 50 unicorn startups, only behind the US (122) and China (92). While India is third largest in terms of size, the Indian startup ecosystem hovers around the twenties in terms of rankings.
Governments, private companies, successful entrepreneurs, investors and other players in the startup ecosystem are doing their best to further improve India’s overall ranking.
What does it mean to you as an entrepreneur? You are becoming an entrepreneur at the right point in time. Yes, your time is now. You can start your own business now. The reason is, so many support systems are now available in Indian startup ecosystem, which can be beneficial to your entrepreneurship journey.
The Alliance of Digital India Foundation plans to rank India’s startup ecosystem among the Top 3 globally by 2030, with a focus on finding the right policy framework to drive growth. The Internet will become a transformative power in India by 2020. It will act as an enabler for the #startup ecosystem and drive innovation from international markets and rural areas.
