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Nine Years of Startup India: With 1.59 Lakh Startups, India Is Now the World’s Third Largest Startup Ecosystem

India’s startup landscape is flourishing as National Startup Day 2025 commemorates nine years of Startup India, welcoming 1.59 lakh ventures, placing the nation as the world’s third-largest hub. Innovation abounds across sectors, from cities to rural communities, turning challenges into solutions that resonate globally.

The semiconductor industry symbolizes this momentum, driven by frugal engineering and broad accessibility. Government measures like OSAT, Fabs, and DLI are fueling a robust manufacturing ecosystem, paving the way for self-reliance. Collaboration and private-sector support will be critical in propelling India to global leadership in semiconductors.

In healthcare, digital platforms are bridging gaps between diverse demographics. Startups such as MediBuddy deliver technology-driven services tailored to India’s vast population. By addressing key infrastructure hurdles and focusing on patient engagement, these companies illustrate the transformative power of homegrown innovation.

A pronounced shift toward user-centered technology marks 2025, underscored by sustainability, generative AI, and business models. Whatfix’s concept of “userization” highlights a drive to make solutions more intuitive. Government support—from the Startup India Seed Fund Scheme to Angel Tax reforms—offers backing for ventures.

Ultimately, India’s startup ecosystem is maturing into a realm of purpose-driven innovation, where collaboration among founders, investors, and policymakers is key. By tackling domestic challenges with impactful technologies, Indian startups are forging a path toward global influence and lasting socio-economic progress. As India celebrates this milestone, the entrepreneurial spirit continues to transform the nation’s economy and global standing.

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Written by RT team

The RT team is a diverse group of writers, analysts, and innovation enthusiasts united by a shared passion for the world of invention. With a collective experience spanning several years in technology, science, journalism, and innovation studies, they dedicate their skills to uncovering, understanding, and showcasing the most exciting advancements and trends in the industry.