Start-ups are the lungs of the Indian economy and viewed as a propellent for the country’s growth and a contributor to India’s vision of being Aatmanirbhar but the COVID-19 crisis is posing a challenge to their creation, survival, and growth.
The start-up culture in India today has created more than 5 lakh jobs, with 50,000+ start-ups and 40+ unicorns, leading India to become have the third largest start-up ecosystem in the world. It is projected that by 2025, India may well have 1,50,000+ start-ups, employ 4+ million, and produce 100+ unicorns, with a total market value north of $500 billion.
