India at number two in making unicorn, joint assets over $ 220 billion

New -Delhi, April 3 (IANS). India has won its place at number two by adding six unicorns compared to the top ecosystem in the global technical startup in 2024, with the joint assessment of the current Indian unicorn to over $ 220 billion. This information was given in a latest report released on Thursday. According to a report made by Nascom in collaboration with Jinov, Unicorn had a 33 percent stake in the total financing in 2024, which was launched here during the ‘Startup Mahakumbh’ program. In 2024, the Indian Tech Startup ecosystem recorded a 23 percent increase in funding, with a total technical financing up to $ 7.4 billion. The number of transactions was also seen by 27 percent compared to 2023. According to the report, the newly established technical startup recorded a 2.1-fold increase during the year, resulting in an estimated total number of Indian technical startups up to 32,000-35,000. Nascom president Rajesh Nambiar said: “Increase in adult and emerging areas, especially in Dippatak and AI, shows the growing maturity of the Indian technical startup ecosystem, which has developed from” a center of opportunities “to become a strategic force to carry out the digital economy of India. of this growth, which should include the creation of strong innovation infrastructure of increasing access to capital. in 2024. The starting financing focused on the ‘adult’ areas, which have a high overall financing price and have shares in the Deptack funding to $ 1.6 billion. India is not only a consumer of the latest technology, but it is also the creator, leader and artist of innovation. ‘The report said that about three-fourths of Indian technical Startups remain optimistic about funding for 2025 prospects, while approximately 98 percent of respondents are expected to increase in 2025.

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