The Department for Promotion of Industry and Internal Trade (DPIIT) recognised as many as 50,000 startups.
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Maharashtra, Karnataka, Delhi, Uttar Pradesh and Gujarat have the largest number of these entrepreneurs. Over 16,000 startups were recognized in the year 2020-2021.
With the launch of the Startup India initiative, recognized startups have now spread across 623 districts. Each State and UT has at least one startup.
5 Lakh jobs were reported by 48,093 startups with an average number of 11 employees per startup. About 1.7 lakh jobs were created by recognized startups in the 2020-2021 period alone.
The sectors that had the maximum registered startups were ‘Food Processing’, ‘Product Development’, ‘Application Development’, ‘IT Consulting’ and ‘Business Support Services’. The leadership teams of 45% startups have a women entrepreneur.
Funding opportunities to startups have been enhanced through the Fund of Funds Scheme with an overlay of INR 10,000 crore and the recently launched Startup India Seed Fund Scheme (SISFS) with an outlay of INR 945 crores.
Multiple programs are conceived and implemented by DPIIT -National Startup Awards, State Ranking Framework, Global VC Summit, Prarambh: Startup India International Summit.
