Startups Laying Strong Foundation for Self-reliant India
- According to the World Intellectual Property Organization (WIPO), India is ranked 40th out of 132 economies in the 'Global Innovation Index-2023'. It is leading country among Central and South Asian nations.
- An industrial unit whose registration is not more than 5 years old and whose annual turnover does not exceed Rs 25 crore in any financial year is known as Startups.
- Startups with a valuation of more than one million dollars or Rs 100 crore are called unicorns.
- The city of Bengaluru is called the Unicorn Capital of India due to having the highest number of startups and ....
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