The State of the Markets: India
Stepping into a global spotlight
India’s profile continues to rise on the world stage. From hosting the G20 summit to being the first nation to land on the moon’s south pole, and exporting digital public infrastructure to other nations, the world’s most populous nation looks outward in its ambitions.
Innovation simmers despite funding slowdown
2023 has seen a global slowdown in private investment; however, promising companies are still rising. Fintech, generative AI and space tech have all been bright spots.
A flywheel emerges
Alumni from successful startups are starting new companies, and there has been an emergence of corporate venture capital funds raised by Indian venture backed startups.