Fewer fintech startups incorporated in 2023, 72% decline since 2021, 55% YoY: Report
This does not reflect the data for startups with less than 10 employees or do not have a website or LinkedIn page.
This does not reflect the data for startups with less than 10 employees or do not have a website or LinkedIn page.
These are the lowest funding numbers since 2018 when the startups in India raised Rs 1,00,930 crore.
WFC has invested in a total of 207 deals across 162 startups within three years of operations.
The Union Ministry of Mines announced on Wednesday that it has decided to fund research and innovation in startups and MSMEs in the mining, mineral processing, metallurgy and recycling sector (S&T-PRISM) and has brought out guidelines for the scheme.
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Speaking at the inaugural session of G20 first inception meet in Hyderabad, the G20 Sherpa said, "Since last four years, we do more fast payments compared to US, Europe and China."
Farmtech startups raised $1.5 billion across 140 deals, a 185 per cent year-over-year increase, according to the report by VC firms AgFunder and Omnivore.
Samsung has helped nurture a total of 426 startups -- 182 in-house firms and 244 outside ones -- through its Creative Lab (C-Lab) Outside programme since 2018, and the 244 outside startups have secured an accumulative investment of 430 billion won from various institutional investors.
Earlier on Sunday, Piyush Goyal talked about the importance of campus becoming an incubator for startups and entrepreneurship.
Out of the total recognized startups, around 12% cater to IT services, 9% to Healthcare and Life Sciences, 7% to education, 5% to professional and commercial services and 5% to agriculture.
