What is a Unicorn Startup? | A unicorn startup is a privately held company valued at over $1 billion. The term was coined in 2013 to represent the rarity of such ventures. India today ranks among the top countries in the world for the number of unicorns, driven by young and ambitious founders. (Image: Canva)
Opinion
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CNBC TV1816-01-2026, 17:44

National Startup Day: A Decade of Startup India's Transformative Growth and Future Policies

  • India celebrates National Startup Day, marking a decade of the Startup India movement's significant impact on the nation's economic landscape.
  • The ecosystem has grown exponentially, with over 2 lakh DPIIT-recognized startups creating more than 21 lakh jobs and decentralizing entrepreneurship to Tier-2 and Tier-3 cities.
  • Notable progress includes nearly 99,000 women-led startups and over 100 unicorns, showcasing diversification and global relevance.
  • Structured capital access through schemes like Startup India Seed Fund (₹590 crores approved) and Fund of Funds for Startups (₹25,300 crores invested) has been crucial.
  • Future policy priorities focus on strengthening the ecosystem, deepening innovation, enabling domestic capital, and sustainable scaling, with a 95% CAGR since 2016.

Why It Matters: Startup India completes a decade, transforming India's economy and fostering a robust, globally-focused entrepreneurial ecosystem.

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