Innovative region: India
India’s innovation ecosystem is the third largest in the world, after the United States and China. More than 50,000 startups have been founded in the past decade, which includes 100 startups that have already reached unicorn status and another 167 soon to be unicorns.
By 2025, Indian startups are expected to number 100,000 and attract $150bn in funding. This growth will represent enormous value for India. It is estimated to exceed $500bn in value creation for the country.
However, Indian…
