Switch to desktop mode for a better experience.
UID: BI-20250404-IN-06
Download
Meta Data
Source
Last Updated
Time Range
Periodicity
In the Indian context, “Recognised Startups” refer to startups that have been officially acknowledged and registered under the Government of India’s Startup India initiative, launched in 2016. To qualify for this recognition, a startup must meet specific criteria. It must be incorporated as a private limited company, a registered partnership firm, or a limited liability partnership (LLP). Additionally, it should be less than 10 years old from the date of incorporation and maintain an annual turnover not exceeding ₹100 crore (approximately $13 million). The startup should also demonstrate a focus on innovation, development, or improvement of products, processes, or services, or have a scalable business model with high potential for employment generation or wealth creation. Recognised startups enjoy a range of benefits, including tax exemptions, simplified compliance procedures, access to funding and incubation support, expedited patent application processes, enhanced networking opportunities, and the ability to participate in government procurement programs.
Maharashtra leads with 27,000 recognised startups, significantly ahead of Karnataka, which has 16,600. This substantial gap (over 10,000 startups) demonstrates Maharashtra’s dominant position in India’s startup ecosystem, likely driven by Mumbai’s financial infrastructure and Pune’s technology hub. Karnataka’s second position with 16,600 startups reflects Bengaluru’s established reputation as India’s “Silicon Valley,” hosting numerous tech startups and major IT companies that create a supportive ecosystem for innovation. Delhi closely follows with 16,000 startups, leveraging its position as the national capital with strong policy influence, excellent connectivity, and access to government initiatives. Uttar Pradesh and Gujarat complete the top five with 15,000 and 13,000 startups, respectively, showing how entrepreneurship has expanded beyond traditional metropolitan centres. UP’s large population and improving infrastructure likely contribute to its strong showing, while Gujarat’s business-friendly policies and industrial heritage support its startup growth. The concentration of nearly 88,000 recognised startups in just these five states/UTS suggests a regional imbalance in India’s startup ecosystem. This may indicate disparities in access to funding, infrastructure, talent pools, and supportive policies across different regions of the country.
Maharashtra leads with 27,000 recognised startups, significantly ahead of Karnataka, which has 16,600. This substantial gap (over 10,000 startups) demonstrates Maharashtra’s dominant position in India’s startup ecosystem, likely driven by Mumbai’s financial infrastructure and Pune’s technology hub. Karnataka’s second position with 16,600 startups reflects Bengaluru’s established reputation as India’s “Silicon Valley,” hosting numerous tech startups and major IT companies that create a supportive ecosystem for innovation. Delhi closely follows with 16,000 startups, leveraging its position as the national capital with strong policy influence, excellent connectivity, and access to government initiatives. Uttar Pradesh and Gujarat complete the top five with 15,000 and 13,000 startups, respectively, showing how entrepreneurship has expanded beyond traditional metropolitan centres. UP’s large population and improving infrastructure likely contribute to its strong showing, while Gujarat’s business-friendly policies and industrial heritage support its startup growth. The concentration of nearly 88,000 recognised startups in just these five states/UTS suggests a regional imbalance in India’s startup ecosystem. This may indicate disparities in access to funding, infrastructure, talent pools, and supportive policies across different regions of the country.
Please cite this article using proper attribution to 360 Analytika when referencing or sharing our content.
hello@360analytika.com
Siliguri, West Bengal, India
Copyright © 360 Analytika | All Rights Reserved
