Prime Minister Narendra Modi praised the Startup India initiative on its ninth anniversary. He said the program has empowered young people and turned their ideas into successful startups. The government has focused on making it easier to do business and supporting entrepreneurs.
As we complete 9 years of #StartUpIndia, much has been accomplished, yet we stare ahead at infinite possibilities. https://t.co/OT4TlxFFS7
— Prof. Shamika Ravi (@ShamikaRavi) January 20, 2025
India now has more than 1.59 lakh recognized startups, making it the third-largest startup ecosystem in the world. Startups have flourished in areas like fintech, edtech, health tech, and e-commerce. They have also created over 16.6 lakh direct jobs.
"Gen AI will see a lot more growth, a lot more companies are entering this space. So, this is also a medium-term or a mega trend that you will see," says @neha_ns .
Read her full conversation with @TheWeek .#startupfunding #aihttps://t.co/IGvoU5kxOD
— Tracxn (@Tracxn) January 22, 2025
New India becomes a hub of startups!
Today, more than 1.5 lakh startups, as well as more than 118 unicorns, are telling the success story of 'Startup India.'
Read more in the latest edition of #NewIndiaSamachar ?https://t.co/5sGkp54yaS pic.twitter.com/YcwJMjrukw
— PIB India (@PIB_India) January 22, 2025
India’s startup milestones and challenges
The number of women entrepreneurs has increased, with 48 percent of startups having at least one woman director. India is home to over 100 unicorns valued at Rs 30 lakh crore.
The country led the world with 332 IPOs in 2024. However, some opposition leaders have criticized the government’s claims.
9 Years of Startup India: Redefining Healthcare
National Startup Day 2025 marked 9 years of empowering entrepreneurs.
We celebrated startups like Jan Elaaj, which redefined healthcare with AI-driven consultations and self-screening tools.
Their mission to make well-being… pic.twitter.com/EuuK86BAJD— Startup India (@startupindia) January 22, 2025
Congress president Mallikarjun Kharge said only a small percentage of startups have received government funding or tax relief.
He also pointed out that many startups have had to shut down, resulting in job losses. India’s startup ecosystem continues to be a debate topic, reflecting its potential and challenges.
