India, Feb. 1 -- The Union Budget 2025-26 has reinforced the government's commitment to fostering India's thriving startup ecosystem, which is the third largest in the world.

With startups being crucial in the country's economic growth and innovation landscape, the budget has introduced significant financial support and policy measures to accelerate their progress.

After a challenging phase of funding winter marked by mass layoffs and shutdowns across 2022 and 2023, the Indian startup ecosystem has shown signs of revival in 2024. According to the 'Annual Funding Report 2024' by Inc42, homegrown startups secured over $12 Bn in fresh investments, which was a steep 20% increase from the $10 Bn they had raised a year back. This upward trend...