India has become the third largest startup ecosystem, with 1,200 tech startups
emerging in 2018, taking the total to between 7,200 and 7,700.

The ecosystem created more than 40,000 direct jobs in 2018 in India, taking the
total #employment in the segment to 1.6-1.7 lakh. Another 4-5 lakh are estimated
to be employed indirectly.

Startups from tier-2 and tier-3 cities are also seeing growth, 40% of the
startups operate outside Bengaluru, Delhi NCR and Mumbai.

#Bangalore has 3rd Highest number of Tech Startup after Silicon Valley and

India startups have also achieved total number of #unicorns in India to 18 (
Valuation of more than $1 billion).


Posted by Rakesh Sidana on Facebook
link: facebook.com/rakesh.sidana