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of <h1>India Ranks Third Globally in Startup Ecosystem with Over 1.57 Lakh Startups and 100+ Unicorns by 2024</h1> India has emerged as the third-largest startup ecosystem globally, with over 1.57 lakh DPIIT-recognized startups by the end of 2024. The ecosystem is driven by over 100 unicorns and significant contributions from Tier II/III cities. Government initiatives like Startup India, SISFS, FFS, and CGSS have been instrumental in fostering growth, innovation, and job creation. Women-led startups are on the rise, and schemes like AIM and MSH further support innovation and entrepreneurship. These efforts have created over 17.28 lakh jobs, with the IT sector leading. The ecosystem's growth is set to continue, empowering future entrepreneurs.
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