New Delhi, May 12 -- With over 77,000 DPIIT-recognized startups, India has emerged as the 3rd largest ecosystem for startups globally. Despite major uncertainties in the economy, startups in India raised $27.5 Bn in 2022, a figure slated to hit US $180 Bn this year. The startup ecosystem continues to play an active role in bringing innovation to India's business arena.

Regardless of the recent downturn, tech startups & enthusiastic entrepreneurs are competent to address the real challenges of conventional businesses & industries. The technology adoption & digital transformation by each business segment & sector has enabled Indian startups to combat inefficiencies, implement troublesome manual processes, and defeat post-pandemic skill sh...