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Annual Startup India Venture Capital Summit 2018 begins

Annual Startup India Venture Capital Summit 2018 begins

The annual Startup India Venture Capital Summit, a joint initiative by the Ministry of Commerce and Industry, the Department of Industrial Policy and Promotion (DIPP) and the Government of Goa, has begun in Goa on December 7, 2018.

Theme of 2018: 'Mobilizing Global Capital for Innovation in India’

Objective:

The key objectives will be to showcase the India opportunity, increase capital flow for Indian startups and further promote ease of doing business.

Startups in India: A brief glance

India has the world's third-largest startup base with more than 14,000 recognised startups.

More than 8,200 startups were recognised by the ministry in 2018 alone, leading to the creation of more than 89,000 new jobs this year, taking the total job creation contribution of recognised startups to 1,41,775.

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