RBI Governor: With over 1.4 lakh startups, $150B funding, India has third most vibrant startup ecosystem

RBI Governor Shaktikanta Das highlighted India’s vibrant startup ecosystem, with over 140,000 startups and $150 billion in funding, making it the third most vibrant globally. He emphasized the importance of innovation, technology, and entrepreneurship in driving economic growth. The RBI is committed to supporting the startup ecosystem through various initiatives, including regulatory reforms and financial support. Das also stressed the need for startups to focus on sustainability and inclusive growth. The RBI’s efforts aim to create a conducive environment for startups to thrive and contribute to the country’s economic development. This recognition underscores India’s potential as a global hub for innovation and entrepreneurship.