The Indian tech startup scene has experienced exponential development over the last ten years, expanding by up to 15 times, according to the Nasscom-Zinnov tech startup survey of 2023. With the 950+ new digital startups that were founded in 2023 alone, there have been an astounding 31,000 during the previous ten years. With over USD 70 billion in capital raised so far since 2019, Indian tech startups are ranked third in the world’s startup ecosystem.
