Celebration of excellence in MSMEs, start-ups
The MSME & Startup Accelerator Awards (MASA) 2025 – Kolkata Edition was a night of inspiration, honouring exceptional entrepreneurs and industry leaders at Silpo Sadan, Camac Street.
The MSME & Startup Accelerator Awards (MASA) 2025 – Kolkata Edition was a night of inspiration, honouring exceptional entrepreneurs and industry leaders at Silpo Sadan, Camac Street.
Women-led startups in India are making a global mark, and they hold the promise to realise the Viksit Bharat goal, said Jitendra Singh, Union Minister of State (Independent Charge) Science & Technology on Monday.
In order to boost the startup ecosystem in the apparel manufacturing industry, the Department for Promotion of Industry and Internal Trade (DPIIT) has signed a MoU with the Bhaane Group, a subsidiary of Shahi Exports Pvt Ltd, the largest manufacturer of apparel.
From 2016 to October 31, 2024, recognised startups have reportedly created over 16.6 lakh direct jobs, significantly contributing to employment generation.
These startups have created over 1.6 million jobs across the country, demonstrating their role as significant employment generators.
At least 31 homegrown startups raised more than $466 million in 22 deals this week, a significant 75 per cent rise from last week.
Riding on overall economic growth, Indian startups raised more than $395 million in at least 20 deals this week, a massive about 350 per cent jump from $113 million secured last week in 22 deals.
Indian startups successfully raised $1.03 billion in July as the government abolished angel tax in the Union Budget 2024-25 which was levied on foreign investors, according to a report on Saturday.
The Indian startup ecosystem saw more than $200 million in funding this week in 25 deals -- a significant surge from nearly $116.26 million last week.
The funding momentum continued in the Indian startup ecosystem this week as 22 startups raised nearly $116.26 million, led by four growth-stage transactions.
