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.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

India's Start-up Ecosystem: Current Scenario

Decrease in Closed Start-ups

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