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Startup ecosystems generally encompass the network of interactions between people, organizations, and their environment. Any particular start-up ecosystem [9] is defined by its collection of specific cities or online communities. In addition, resources like skills, time, and money are also essential components of a start-up ecosystem.
But to ensure a fair comparison, states have been categorised under three segments, viz. Northeast India & Hill States, UT & City States, and Major States. The first two categories are segregated from the rest of the Indian states (or Major States) due to their geographical categories, varied sizes and administrative capabilities.
Beyond large corporations, Pune’s startup ecosystem has flourished, with companies like Druva, specializing in cloud data protection, and Xpressbees, a leading logistics firm, scaling up rapidly. Startups such as FirstCry and PubMatic have also gained international recognition, highlighting Pune’s role in driving both innovation and ...
A unit of Byju's, once one of India's hottest tech startups, was put into bankruptcy in the US by a court-appointed agent who took over the shell company after it defaulted on $1.2 billion in debt.
The number of newly founded startups has increased from 733 in 2016–17 to over 14000 in 2021–22, making India the third largest startup ecosystem in the world after the US and China. [3] Among them, around 6600 startups have been in the FinTech industry, evaluating a market value of US$31 billion in 2021. [4]
Main article: Information technology in India TCS Office at SIPCOT, Siruseri Cyber Gateway Madhapur Hyderabad near Raheja Mindspace TCS at Voltas House, Jamshedpur Wipro headquarters at Sarjapura Road, Electronic City, Bengaluru This is a list of notable companies in the information technology sector based in India. Top Indian companies are listed in descending order of their market ...
In IT services, Gurgaon ranks first in India in growth rate and existing technology infrastructure, and second in startup ecosystem, innovation and livability (Nov 2016). [153] The industrial sector is split across 69% manufacturing, 28% construction, 2% utilities and 1% mining. [8]
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