NASSCOM Report: Micro-Startups boost India’s economy

NASSCOM Report: Micro-Startups boost India’s economy

India’s startup boom is being driven by micro-ventures, as revealed in the 2024 NASSCOM report. With under 10 employees and minimal capital, these businesses generated ₹50,000 crore in 2023. Solving hyper-local problems through tech and frugality, they reflect a shift toward lean innovation, reshaping India’s economy from the grassroots and fueling its $5 trillion ambition.

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