Despite global slowdown fears, India’s startup ecosystem remained vibrant. Over 25 new unicorns emerged in healthtech, edtech, and AI. Funding slowed compared to 2021 highs but stayed steady for early-stage ventures. The government introduced a “Startup Sovereign Fund” to support deep-tech innovation. States like Telangana and Karnataka became startup hubs. Simplified compliance and fast-track patent filing boosted entrepreneurship.
International investors from the Middle East and Southeast Asia showed growing interest. Indian startups expanded globally, especially in Africa and the Middle East. The ecosystem’s resilience showcased India's role as a global startup powerhouse.