Startup
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Opportunity India Desk Jan 30 2024 - 2 min readIn an effort to transform Goa into a startup hub and a preferred destination for entrepreneurs in Asia, the state government is strategically leveraging its unique selling points: picturesque beaches and rich heritage sites. A key initiative involves encouraging the establishment of startups in Goa by exploring the possibility of creating workspaces on ...
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Opportunity India Desk Jan 19 2024 - 2 min readStartups in India secured a total of USD 7.8 billion through 1,085 venture capital (VC) funding deals announced from January to December 2023, according to a report by GlobalData. This marks a substantial 37.9 per cent decrease in terms of VC funding deals volume compared to the announcement of 1,748 deals during 2022. ...
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Opportunity India Desk Jan 17 2024 - 2 min readNearly half of the 1,15,000 startups registered with the Department for Promotion of Industry and Internal Trade (DPIIT) are located in tier-II and tier-III cities, as of December 31, 2023. States such as Gujarat, Karnataka, Kerala, and Tamil Nadu have been identified as the "best performers" in promoting a conducive startup ecosystem for ...
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Opportunity India Desk Dec 15 2023 - 2 min readIndia's space sector startups have attracted private investments exceeding INR 1,000 crore since April in the current financial year, said Union Minister Jitendra Singh, adding that the country's space economy currently stands at USD 8 billion, with projections indicating a manifold increase to USD 100 billion by 2040. Singh also highlighted ...
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Opportunity India Desk Dec 07 2023 - 3 min readCountry’s startup ecosystem is flourishing, with close to 1.16 lakh government-recognized startups operating under the Startup India initiative. The government has officially acknowledged 1,14,902 entities as startups as of October 31, 2023, since the program's launch in 2016, said Minister of State for Commerce and Industry Som Parkash. While the Ministry reported this ...