MARCH 20234Many have failed, many have thrived like anything but they have not stopped the `TRY'You may wonder! How many startups are there in India?With the emerging business opportunities in India, the biggest startups in the world are no longer just in America. India has now become a leading global startup hub just like its American counterpart. The number of startups has grown from 7,000 in 2008 to 50,000 according to the latest report by KPMG on the startup ecosystem in India. Startups can have a high success rate in India. Thus, there are endless money-making opportunities in today's world.A lot many strong entrepreneurs in India have dived into business opportunities and tested their ideas. India supports the rise of startups because it has low-cost skilled labor, funding from national and international investors, and growth opportunities. According to Financial Express, start-up funding has reached a new high in 2023. In addition to this, the huge venture capitalists, institutional investors and pension funds are also investing in many new online businesses.In the period of Jan-March 2021, investors have infused around $4.4 billion into Indian startups, and this amount is 26 percent. The top gainers in the funding deals are the FinTech and Financial Services companies (123), followed by Retail and Ecommerce companies (99) and EdTech companies (84). Rising numbers of new companies in India, venture capitalists, and entrepreneurs are turbocharging the development of the top tech startup scene. This shows that startups have found a way to stay aloft even after the turbulence due to the COVID-19 pandemic in India.Fortunately, numerous startups in India are doing very well in their industries. The emergence of these startups is driven by the new force in the global economy, millions of new customers, a new international presence of India and education. Education seems to be a reason for this. There is a great education system in India, and people are clearly very knowledgeable when it comes to business.As a result, hundreds of startup companies have been founded there in the last years, many of which are enjoying incredible success. These startups have survived incredibly over the years and are looking to expand their reach further.Heena KousarAssistant Managing Editoreditor@siliconindia.comHave a PLAN, Have a NETWORK with valuable NET WORTH to create a CHANGEEDITOR'S NOTEsiliconindia Vol 8 · Issue 01 · MARCH-2023 Publisher Alok Chaturvedi Asst. Managing Editor Heena Kousar Associate Editor Indranil Chakraborty Editorial Team Akanshah Shiwani Pradhan Samatha S. P. Sales & Marketing Roshini Kumari Sahana N Poojary Nischita Prakash Naik Deepika Editorial Queries editor@siliconindia.com To subscribe Visit: https://www.siliconindia.com/subscribe/ Magazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Silicon media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Publisher Alok ChaturvediCopyright © 2023 Silicon Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@siliconindia.comCirculation Manager Magendran PerumalGM Sales & Marketing Shashi RanjanManager - Design Prabhudutta A.R.N RayArt Manager Suanya ChakrabortyDesigners Tushar Das & Muhammed Rafik
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