India’s startup scene is getting a $1.5b shot in the arm this year
With over 4,200 startups, India is the third largest market for fledgling tech firms on the planet. The country saw these companies receive more than $9 billion in funding last year and active investors doubled to nearly 500. Over the weekend, Indian prime minister Narendra Modi unveiled an action plan (PDF) to help boost startup growth in the country as part of the government’s ‘Startup India, Standup India‘ initiative. It offers numerous benefits that should make it easier to launch, run and sell companies in the country. Here’s what entrepreneurs can look forward to India this year: Over the next four…
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