Prime Minister Narendra Modi’s visionary policies have catapulted India’s startup ecosystem to global prominence, with founders attributing eased business operations to cutting-edge digital infrastructure. The numbers tell the tale: over 1.2 lakh startups, 112 unicorns, and $500 billion in valuation.
At a high-profile forum, founders dissected the enablers. ‘Aadhaar-enabled KYC and DigiLocker have slashed compliance time from months to minutes,’ explained SaaS entrepreneur Vikram Singh. UPI’s interoperability powers micro-transactions, fueling gig economy platforms.
Government interventions like the ₹10,000 crore Fund of Funds and tax holidays for three years have ignited investments. The rise of 50+ innovation districts underscores decentralized growth.
Sectoral spotlights reveal breadth: climate tech addresses sustainability, spacetech eyes orbits. Women’s participation hit record highs, supported by Mahila Startup schemes.
Optimism prevails amid cautious funding. ‘Modi’s Atmanirbhar mantra turned crisis into opportunity,’ noted logistics founder Sana Khan. As India aspires to startup superpower status, this ecosystem promises jobs for millions and a brighter economic horizon.