India added over 2,250 startups in 2021; raised $24.1 billion in the year: Nasscom-Zinnov report
The Hindu
In comparison to 2020, there was a 3X increase in number of high-value deals, demonstrating investor confidence with a pool of active angel investors of more than 2,400 and a readiness to take significant risks
More than 2,250 startups in India were added in the year 2021, over 600 more than what was added in the previous year, a report by Nasscom and Zinnov said on Friday.
The study titled 'Indian Tech Start-up Ecosystem: Year of The Titans' said with rising investor confidence, startups leveraging deep-tech, and tapping unexplored talent pool, the Indian tech startup base continues to witness steady growth.
As per the report, startups raised $24.1 billion in 2021, a two-fold increase over pre-COVID levels.
Government to release new series of retail inflation, GDP data from February, IIP from May next year
The Indian government will release new macroeconomic data series, including GDP and inflation, starting February 2026.
Granules India secures U.S. FDA tentative approval for its ADHD generic, enhancing access to critical therapy and expanding its generics portfolio.
Italy’s competition authority (AGCM) said on Monday it had fined U.S technology giant Apple and two of its divisions 98.6 million euros ($115.53 million) over alleged abuse of their dominant position in the mobile app market.
India denies duty concessions on dairy imports from New Zealand in recent trade pact negotiations, prioritizing local farmers' protection.
India-New Zealand free trade agreement offers zero-duty access, $20 billion investment pledge, and enhanced trade in multiple sectors.
India and New Zealand finalise a trade deal, enhancing exports and fostering economic growth between the two nations.
Stock markets rise as foreign fund inflows boost investor confidence, with major gains from Infosys, Tata Steel, and Tech Mahindra.
Warner Bros. Discovery is in the middle of a Hollywood tug-of-war between Netflix and Paramount.
Explore the pitfalls of misvestment and discover how to make informed investment decisions for long-term wealth growth.
Market valuations of top firms rose by ₹75,257 crore, with TCS and Infosys leading the gains last week.
IIFL Finance appoints ex-RBI Deputy Governor B. P. Kanungo as chairman, enhancing governance and strategic direction for stakeholders.
SEBI plans to form a working group to enhance liquidity and review non-agricultural commodity derivatives, boosting market attractiveness.
Space sector opened up to private participation in June 2020