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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]
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 ...
This is a startup ecosystem registry to help startups. Bhaskar is aimed to foster a dynamic and inclusive environment for innovation and entrepreneurship. The initiative is designed to bring together a diverse array of stakeholders—ranging from entrepreneurs and government bodies to investors and academic institutions—onto a single ...
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 ...
In the contemporary world economy, India is the largest exporter of IT. The contribution of the IT sector in India's GDP rose from 1.2% in 1998 to 7% in 2019. [45] Exports dominate the Indian IT industry and constitute about 79% of the industry's total revenue. However, the domestic market is also significant, with robust revenue growth. [46]
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.
PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. [5] [6] It was founded in December 2015, [7] [2] by Sameer Nigam, Rahul Chari and Burzin Engineer. [8] The PhonePe app, based on the Unified Payments Interface, went live in August 2016. [9] [10]