Where Indian start-ups stand globally after Union Budget 2017-18
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In the sluggish global economy and a slowdown in venture capital funding, India has managed to retain its startup growth story with about 4,750 technology start-ups.
India ranked as the third-largest startup base in the world behind the US (about 52,000
ALSO READ: This is what Budget 2017 had in store for startups
The report further added that the number of startups in the country is likely to more than double its base to 10,500 startups by 2020, employing over 210,000 people.
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In 2016, $4 billion invested in Indian startups – deal value decreased 55%, volume increased by 3% from 2015.
Let's see how India compares to the UK, China, and the US when it comes to startups.
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