Indian startups raise over $308 million this week across 24 deals
The funding season in the Indian startup ecosystem continued its growth this week as startups cumulatively raised more than $308 million across 24 deals.
The funding season in the Indian startup ecosystem continued its growth this week as startups cumulatively raised more than $308 million across 24 deals.
From just 50 biotech startups in 2014 in India, the ecosystem has grown to nearly 9,000 in the last decade, according to Union Minister Jitendra Singh.
Artificial Intelligence (AI) is emerging as a critical technology that has applications in myriad domains like microeconomics, biotech, and Internet-of-things (IoT).
India’s bioeconomy grew more than $150 billion in 2023 and is expected to reach $300 billion by 2030, the government said on Sunday.
Odisha with its rich biodiversity, abundant natural resources and an enabling industry ecosystem is set to contribute highly to India's biotechnology sector economy, said Krushna Chandra Patra, Minister, Science and Technology.
According to the Great Place To Work India, 81 per cent of employees report experiencing workplace flexibility, aligning with other industries.
