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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 ]
CIIE.CO is an Indian startup accelerator and incubator that supports early-stage startups located at IIM Ahmedabad in Ahmedabad, India.It was founded in 2002 to promote innovation and entrepreneurship in India. [1]
T-Hub (Technology Hub) is an innovation intermediary and business incubator based in Raidurg, Hyderabad, Telangana, India. [1] Based on the triple helix model of innovation, it is a partnership between the Government of Telangana, three academic institutes in Hyderabad (the International Institute of Information Technology, the Indian School of Business and the National Academy of Legal ...
It was established as Raksha Shakti University in 2009 by the Government of Gujarat, lead by the then Chief Minister Narendra Modi. [5] [7] The university was set up to provide youth with better academic qualifications in the fields of counter-terrorism, counter-insurgency, internal security, police science, forensic science and cyber security. [8]
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.
I-Hub (Innovation Hub) is an innovation intermediary and business incubator based in Ahmedabad, India. i-Hub was established under the Student Startup Innovation Policy (SSIP) by the Gujarat government's education department to encourage partnerships between prospective investable businesses and the India Accelerator.
The incubator jump starts with 8 startups in the year. In 2008, E-Cell, IIT Bombay represented India and the Indian sub-continent at the `Global Conference of E-Cells’ organized by Massachusetts Institute of Technology at Madrid, Spain in April 2008. In 2010, 1985 batch of IIT-B decides to support Eureka.
This has also led to an increasing focus on startup ecosystem development. University-based entrepreneurship ecosystem – Entrepreneurship thrives in ecosystems in which multiple stakeholders play key roles. Academic institutions are central in shaping young people’s attitudes, skills and behaviours.