India's Start-ups Experiencing Growth Amid Market Challenges

Friday, 5 April 2024, 00:15
Despite a slowdown in India's unicorn story and funding challenges for start-ups, there is a positive trend emerging. The number of start-ups closing down has significantly decreased by 73% in 2023 compared to the previous year, indicating a more stable ecosystem. This shift signals resilience and opportunities within the start-up landscape.

India's Start-up Ecosystem: Current Scenario

India's start-up ecosystem is showing signs of stability amidst challenges in funding and growth. Despite the slowdown in the unicorn sector, there is a positive trend emerging.

Decrease in Closed Start-ups

  • 73% decline in the number of start-ups shutting down in 2023

This shift highlights the resilience and potential opportunities within the start-up landscape.

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