Startup Ecosystem (Nurturing Innovation and Startups in the Country)
Opportunities
- Corporate Sector Affiliation: The growth of startups in India is gaining acceptance globally. This is the reason why huge industries are promoting investment in Indian startups. For example, Facebook in partnership with Startup India distributed cash grants of $50,000 each to the top 5 selected startups.
- Rapid growth in the Indian Economy: Before the sudden disruption caused by the COVID-19 pandemic, the Indian economy and the purchasing power capacity of its people were continuously increasing.
- Favourable Demographics of India: A major part of India's population consists of youth population (between 25 to 35 years). These can easily avail ....
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