Startup India Hub

Snapshot

We empower Startup ventures to boost entrepreneurship, economic growth, and employment across India!

The Startup India initiative was launched on 16^th January 2016, by the Hon’ble Prime Minister. The Prime Minister unveiled an Action Plan consisting of 19 Action Points that act as a guiding document for the startup initiative. Since the inception of the initiative:

The Government has recognised over 77,000 startups
These startups are spread over 656 districts from 30 States and 7 Union Territories of India
As of 07th September 2022, India is home to 107 unicorns with a total valuation of $ 340.79 Bn. Out of the total number of unicorns, 44 unicorns with a total valuation of $ 93.00 Bn were born in 2021 and 21 unicorns with a total valuation of $ 26.99 Bn were born in 2022.
A ₹10,000 Cr ‘fund of funds’ is being managed for growing the domestic venture capital industry
A ₹1,000 Cr Startup India seed fund has been launched in 2021 to aid setting up and growth of new startups
Creation of 5.2 lakh jobs across the country, with 45% of them having a base in Tier 2 - Tier 3 cities
India is the largest in number of startups being added every hour (4 startups/per hour), 3^rdlargest in number of startups and the 3^rd largest unicorn community
32 Regulations simplified for startups – including Angel Tax
Over 220 Income Tax Exemptions
Over 250 SIDBI Fund of Funds

We also built a virtual incubation platform for startup ecosystem stakeholders, to network with each other, have access to resources, tools & templates that would help them throughout their journey. It is the world’s largest virtual hub, and currently has: