India now home to over 158,000 startups amassing $155B in funding: DPIIT

India now boasts 158,000 startups with a total funding of $155 billion, according to the Department for Promotion of Industry and Internal Trade (DPIIT). The rapid rise in the number of startups reflects the country’s growing entrepreneurial spirit and its place as a major global hub for innovation. Startups in India span various sectors, including technology, healthcare, and education. The funding support, driven by venture capital and private equity, has played a crucial role in propelling the growth of these startups. The country’s startup ecosystem is expected to continue flourishing as it attracts more investors and entrepreneurs.