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<h1>India's Startup Boom: Over 84,000 Startups Recognized, Creating 860,000+ Jobs Since 2016.</h1> The Department for Promotion of Industry and Internal Trade (DPIIT) has recognized over 84,000 startups in India since the launch of the Startup India initiative in 2016, which have created more than 860,000 direct jobs as of November 2022. The initiative aims to foster a robust startup ecosystem through various measures, including regulatory reforms, funding support, and industry-academia partnerships. Key programs include the Fund of Funds for Startups, Credit Guarantee Scheme, and Startup India Seed Fund Scheme. The government also facilitates international market access, intellectual property protection, and provides tax exemptions to support startup growth.