As we observe World Entrepreneurs Day, Sumegh Bhatia, Managing Director and CEO of Lighthouse Canton India notes, "Supportive funding and regulations are key to sustaining this vibrant ecosystem"
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The rise of startups like Flipkart, Paytm, Ola and Swiggy needs to be seen in the backdrop of transformation in a country whose demographic dividend has, for a long, promised prosperity driven by an aspirational, young, and consuming population
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India is now home to more than 400 gaming studios and 30,000 game developers—a number that has doubled since 2021. This rapid growth highlights the country’s potential as a hub for game development
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As of May 2023, India is home to 108 unicorns with a combined valuation of USD 340.80 billion. The swift emergence of these unicorns, often within a few years of founding, underscores the strength of India’s startup ecosystem and its potential for continued global leadership
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India’s undercapitalisation presents a huge opportunity for venture capitalists and investors since it indicates substantial growth potential, unlike mature and saturated markets like the United States or Europe
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