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Which of the following city has become the startup capital of India as per the Economic Survey 2021-22?
  • a)
    Delhi
  • b)
    Bengaluru
  • c)
    Mumbai
  • d)
    Ahmedabad
  • e)
    Lucknow
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which of the following city has become the startup capital of India a...
The correct answer is Delhi.
Key Points
  • Delhi has replaced Bengaluru as the startup capital of India.
  • Over 5,000 recognized startups were added in Delhi between April 2019 and Dec 2021, against 4,514 in Bangalore during the period, as per the Economic Survey 2021-22.
  • India has also overtaken the UK in a number of unicorns, with a record 44 companies turning unicorns in 2021.
  • The country, now, has the third-highest number of unicorns.
Additional Information?
  • India Accelerator has received the ‘Best Accelerator of the Country’ award at The National Startup Awards (NSA) 2021 hosted by Startup India.
  • Startup accelerators support early-stage, growth-driven companies through education, mentorship, and financing.
  • Startups enter accelerators for a fixed period of time, and as part of a cohort of companies.
  • Startup India scheme was launched in 2016 with an aim to promote and support the start-ups in India by providing bank finances.?
  • Date of launch: 16th January 2016
  • Minister and Ministry: Piyush Goyal (As of Jan 2022) Ministry of Commerce and Industry
  • Launched by: Arun Jaitley (Former Finance Minister of India).
  • Azim Premji topped the list of the Edelgive Hurun India Philanthropy List 2021.
  • Reliance Industries Chairman, Mukesh Ambani has topped the IIFL Wealth Hurun India Rich List 2021 for the 10th consecutive year.
  • In 2021, his total net worth was recorded at Rs 7,18,000 crore.
  • According to the Hurun Global 500 Most Valuable Companies list 2021, Apple is the world’s most valuable company (USD 2,443 billion).
  • Hurun Report Chairman and Chief Researcher: Rupert Hoogewerf (Hu Run).
  • Hurun Report Headquarters: Beijing, China.
  • Hurun India MD and Chief Researcher: Anas Rahman (As of Feb 2022).
  • Hurun India Headquarters: Ernakulam, Kerala.
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Read the passage and answer the questions that follow.There has been, in recent times, a concerted effort by the Government of India to promote the growth of start-up ventures. This, it says, would serve the purpose of creating private sector employment and contribute to economic growth. Young and educated men and women would take the opportunity of using the latest technologies to offer new goods and services. With attractive market potential, funds to scale up the venture would not be too difficult to obtain. Indeed, according to GoI sources, India now has the third largest start-up ecosystem in the world. The Startup India portal had 65,000 registered entities. By March 2022, the number of unicorns — start-ups having valuation over one billion US dollars — was 94. The last 42 of those joined the club during 2021-22. However, apparent weaknesses of this ecosystem are distinctly visible. The start-ups are overwhelmingly clustered in the three mega cities of Delhi-NCR, Mumbai and Bengaluru. The clusters are non-inclusive in other ways too. Marginalized communities are hardly represented; the paucity of women entrepreneurs is also markedly visible. The matching of ideas, funds, experience and overall mentoring has not been systematic. Many ideas have not fructified into commercially viable businesses because of the lack of complementary resources.Analysts of the start-up environment in India are now worried that the approaching recessionary headwinds will lead to start-ups facing a ‘long, bitter winter’. Lay-offs have already begun, and according to a report around 10,000 people have lost their jobs this year. More is expected to follow later in the year. Start-ups are not always about high-technology and bright new ideas. The majority of people who seek a subsistence livelihood are also entrepreneurs in the sense they organize some production, are self-employed, and sell in a market to earn income. Ideally, the start-up count should take all these people into account. If that is done, then the damage from macroeconomic fluctuations would be far worse. (The past two years of the pandemic (

Read the passage and answer the questions that follow.There has been, in recent times, a concerted effort by the Government of India to promote the growth of start-up ventures. This, it says, would serve the purpose of creating private sector employment and contribute to economic growth. Young and educated men and women would take the opportunity of using the latest technologies to offer new goods and services. With attractive market potential, funds to scale up the venture would not be too difficult to obtain. Indeed, according to GoI sources, India now has the third largest start-up ecosystem in the world. The Startup India portal had 65,000 registered entities. By March 2022, the number of unicorns — start-ups having valuation over one billion US dollars — was 94. The last 42 of those joined the club during 2021-22. However, apparent weaknesses of this ecosystem are distinctly visible. The start-ups are overwhelmingly clustered in the three mega cities of Delhi-NCR, Mumbai and Bengaluru. The clusters are non-inclusive in other ways too. Marginalized communities are hardly represented; the paucity of women entrepreneurs is also markedly visible. The matching of ideas, funds, experience and overall mentoring has not been systematic. Many ideas have not fructified into commercially viable businesses because of the lack of complementary resources.Analysts of the start-up environment in India are now worried that the approaching recessionary headwinds will lead to start-ups facing a ‘long, bitter winter’. Lay-offs have already begun, and according to a report around 10,000 people have lost their jobs this year. More is expected to follow later in the year. Start-ups are not always about high-technology and bright new ideas. The majority of people who seek a subsistence livelihood are also entrepreneurs in the sense they organize some production, are self-employed, and sell in a market to earn income. Ideally, the start-up count should take all these people into account. If that is done, then the damage from macroeconomic fluctuations would be far worse. (The past two years of the pandemic (

Read the passage and answer the questions that follow.There has been, in recent times, a concerted effort by the Government of India to promote the growth of start-up ventures. This, it says, would serve the purpose of creating private sector employment and contribute to economic growth. Young and educated men and women would take the opportunity of using the latest technologies to offer new goods and services. With attractive market potential, funds to scale up the venture would not be too difficult to obtain. Indeed, according to GoI sources, India now has the third largest start-up ecosystem in the world. The Startup India portal had 65,000 registered entities. By March 2022, the number of unicorns — start-ups having valuation over one billion US dollars — was 94. The last 42 of those joined the club during 2021-22. However, apparent weaknesses of this ecosystem are distinctly visible. The start-ups are overwhelmingly clustered in the three mega cities of Delhi-NCR, Mumbai and Bengaluru. The clusters are non-inclusive in other ways too. Marginalized communities are hardly represented; the paucity of women entrepreneurs is also markedly visible. The matching of ideas, funds, experience and overall mentoring has not been systematic. Many ideas have not fructified into commercially viable businesses because of the lack of complementary resources.Analysts of the start-up environment in India are now worried that the approaching recessionary headwinds will lead to start-ups facing a ‘long, bitter winter’. Lay-offs have already begun, and according to a report around 10,000 people have lost their jobs this year. More is expected to follow later in the year. Start-ups are not always about high-technology and bright new ideas. The majority of people who seek a subsistence livelihood are also entrepreneurs in the sense they organize some production, are self-employed, and sell in a market to earn income. Ideally, the start-up count should take all these people into account. If that is done, then the damage from macroeconomic fluctuations would be far worse. (The past two years of the pandemic (

Read the passage and answer the questions that follow.There has been, in recent times, a concerted effort by the Government of India to promote the growth of start-up ventures. This, it says, would serve the purpose of creating private sector employment and contribute to economic growth. Young and educated men and women would take the opportunity of using the latest technologies to offer new goods and services. With attractive market potential, funds to scale up the venture would not be too difficult to obtain. Indeed, according to GoI sources, India now has the third largest start-up ecosystem in the world. The Startup India portal had 65,000 registered entities. By March 2022, the number of unicorns — start-ups having valuation over one billion US dollars — was 94. The last 42 of those joined the club during 2021-22. However, apparent weaknesses of this ecosystem are distinctly visible. The start-ups are overwhelmingly clustered in the three mega cities of Delhi-NCR, Mumbai and Bengaluru. The clusters are non-inclusive in other ways too. Marginalized communities are hardly represented; the paucity of women entrepreneurs is also markedly visible. The matching of ideas, funds, experience and overall mentoring has not been systematic. Many ideas have not fructified into commercially viable businesses because of the lack of complementary resources.Analysts of the start-up environment in India are now worried that the approaching recessionary headwinds will lead to start-ups facing a ‘long, bitter winter’. Lay-offs have already begun, and according to a report around 10,000 people have lost their jobs this year. More is expected to follow later in the year. Start-ups are not always about high-technology and bright new ideas. The majority of people who seek a subsistence livelihood are also entrepreneurs in the sense they organize some production, are self-employed, and sell in a market to earn income. Ideally, the start-up count should take all these people into account. If that is done, then the damage from macroeconomic fluctuations would be far worse. (The past two years of the pandemic (

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Which of the following city has become the startup capital of India as per the Economic Survey 2021-22?a)Delhib)Bengaluruc)Mumbaid)Ahmedabade)LucknowCorrect answer is option 'A'. Can you explain this answer?
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