Startup India: 12 jobs per startup created so far; BharatPe, Bounce, 34 others win national awards

Financial Express - 6th October 2020

Under the Startup India programme, which was unveiled on January 16, 2016, to support innovative startups in the country has recognised over 37,000 startups as of September 30, 2020 while on an average 12 jobs have been created per startup, a report on the National Startup Awards 2020 by Startup India said on Tuesday. The ecosystem has come a long way over the past decade to become the world’s third-largest ecosystem after the US and China with 21 unicorns having a combined valuation of more than $73 billion, as per Hurun Global Unicorn List 2020. India’s 30 states and union territories, in order to enable the local ecosystem, have framed their own startup policy.

Under the Startup India programme, which was unveiled on January 16, 2016, to support innovative startups in the country has recognised over 37,000 startups as of September 30, 2020 while on an average 12 jobs have been created per startup, a report on the National Startup Awards 2020 by Startup India said on Tuesday. The ecosystem has come a long way over the past decade to become the world’s third-largest ecosystem after the US and China with 21 unicorns having a combined valuation of more than $73 billion, as per Hurun Global Unicorn List 2020. India’s 30 states and union territories, in order to enable the local ecosystem, have framed their own startup policy.

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