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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]
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 ...
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.
This is a list some of technology centers throughout the world. Government planners and business networks often incorporate "silicon" or "valley" into place names to describe their own areas as a result of the success of Silicon Valley in California. Metrics may be applied to measure qualitative differences between these places, including:
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.
In India during 2017 and 2018 indicates a marked increase. [32] While in 2017, the space leased was 1.9 million sq. ft., it increased more than two times to 3.9 million sq. ft. in 2018. India has the third-largest startup ecosystem after China and the US with more than 5,200 startups.
The United States has the largest startup economy in the world with over 400,000 new companies created each year which makes it the most susceptible and the driver of the startup bubble. [11] [12] 14% of Americans in the labor force work for small or startup businesses. Startup studios have seen an explosion of growth in the past few years ...
This is a list of Indian states, Hilly States and union territory by Innovation Index. The NITI Aayog in collaboration with the Institute for Competitiveness developed benchmark for the innovation ecosystem among Indian States. The data for states and union territory is from niti.gov.in. [1] [2]