The 4th edition of the NASSCOM-Zinnov report titled “Indian Start-up Ecosystem 2018: Approaching Escape Velocity” is a compilation of facts, trends, and insights on the Indian Tech Start-up landscape. The report examines the evolution of the ecosystem, its growth drivers, and highlights the role played by investors, incubators/ accelerators, and the Government.
Currently, India has about 7,700 tech startups in the country, making it the third largest in the world and in 2018 the country has added 1,200 new technology startups, as against 1,000 in 2017. However, the number of new tech startups had fallen for the first time in five years in 2017 as funding had slowed.
More key findings of the report –
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