India became the startup capital of the world..100 unicorn companies

- In 2021, India's startups received an investment of 42 billion dollars. 75,000 startups were launched in 56 different sectors since 2016

- India has the most effective startup eco system in the world. Due to the current eco system in India, small businesses especially technology based industries are growing at a high speed...

- Microsoft launched the Startup Founder Hub five years ago. It was working in 192 countries. In which Microsoft provides technical support to start up the startup and to grow it after launch...

- Investors of the world have also trusted the idea of ​​Indian startups. Many startups have received financial support from abroad

The good news with entering Vikram Samvat 2079 is that India is becoming the startup capital of the world. The most effective startup eco system in the world is in India. Due to the current eco system in India, small businesses especially technology based industries are growing rapidly. There are currently more than 75,000 startups operating in India. Among them, about 100 startups have become unicorns.

What is important here is that despite the impact of Covid and the global recession, India maintained its growth path. That is why India's economy has been compared to the fastest growing economy in the world. India has already become the fifth largest economy in the world and will become the third largest economy by 2030.

The government helps new entrepreneurs when they set up a technology-based or digital system-based business for people's convenience instead of existing business. For such a startup financial support, technical support, its advertising structure, how to reach customers, etc. are handy is called an eco system.

The eco system created by the Indian government for startups is being appreciated and due to this, more startups are emerging and also getting the label of unicorn.

Microsoft has confirmed that India is becoming the startup capital of the world. Sangati Bavi, director of Microsoft's startup ecosystem, has said that India has taken a big leap in the direction of entrepreneurship. Just as banks are helping budding entrepreneurs in India, Microsoft is also extending a helping hand.

In the last three to four years, India has implemented several new policies to help startups. Investors of the world have also trusted the idea of ​​Indian startups. Many startups have received financial support from abroad. Schools and other educational institutions also encourage students to venture into entrepreneurship. Some students of schools in India have their own registered startups.

Microsoft launched the Startup Founder Hub five years ago. It was working in 192 countries. In which Microsoft provides technical support to start up the startup and to grow it after launch.

Microsoft supported Indian startups like Aibhiya, Khachibachanj, Engchachh etc. by providing technical assistance. This startup was supported until it became a unicorn.

Every startup needs technological guidance. Technical assistance is as important as financial assistance. Microsoft also enlisted the help of technical support experts when it set up Startup Hub.

Some startups are related to artificial intelligence. According to the industry organization NeshoChem, by 2023, the investment of 880 million dollars may come in the field of artificial intelligence. Investments in AI sector globally have been huge but in India it has been less. However, it is certain that the startup sector will benefit from the increase in investment in 2023.

Microsoft does not provide any direct financial support to startups but can provide up to $350,000 in credit to adopt the technology. Because of this, entrepreneurs involved in startups can easily use technology.

People involved in startups are constantly in need of financial funding. Many newcomers have dropped their ideas due to lack of funding. During the Corona period, many startups have received investment and their ideas were supported.

There is a startup craze in India. India's startup ecosystem is one of the most effective in the world. By 2022, about 100 unicorn startups have been created in India. It is not easy to make a startup a unicorn. A startup valued at one billion dollars is called a unicorn startup. Compared to other countries, Mexico ranked third for unicorns in 2021. India moved the UK to the third position last year.

China added 74 new startups last year, bringing its total number of startups to 487. In India, 44 companies became unicorns in 2021.

In 2021, Indian startups received 42 billion dollars in investment. 60,000 startups were launched in 56 different sectors since 2016. Due to which 6 lakh people got employment.

Many startups will lose unicorn status due to a drop in funding

Many startups in India may lose their unicorn status due to funding cuts and late-stage deals collapsing. A company with a valuation of more than $1 billion is considered a unicorn in India. According to a report, start-up founders are trying to avoid raising money due to adverse market conditions. On the other hand those who have already taken the status can lose the status as a unicorn.

As many as 7 Indian start-ups have lost their unicorn status in the last five years. In total, around 105 start-ups in India achieved unicorn status between 2018 and 2022, but the active number of unicorns has now dropped to 84. Seven have lost their valuations due to investor markdowns.

India's Top 10 Startups.. (Value of 2021)

1.	Flipkart ($37.6 billion)
2.	BYJU'S ($16.5 billion)
3.	Nayaka ($2.3 billion)
4.	Bharat Pay ($2.85 billion)
5.	Paytm ($16 billion)
6.	OLA Cabs ($6.5 billion)
7.	Zomato ($8 billion)
8.	Policybazaar ($2.4 billion)
9.	Droom ($1.2 billion)
10.	ShareChat ($3 billion)