Indian Startups Create 23.36 Lakh Jobs, Up 36.1% as Recognized Firms Top 2 Lakh
Updated
Updated · IANS · Jun 28
Indian Startups Create 23.36 Lakh Jobs, Up 36.1% as Recognized Firms Top 2 Lakh
1 articles · Updated · IANS · Jun 28
Summary
23.36 lakh direct jobs have been created by recognized Indian startups, marking a 36.1% year-on-year increase, according to an official statement released Saturday.
2 lakh-plus startups had been recognized by DPIIT as of December 2025, with more than 55,200 certified in FY2025-26 alone — the biggest single-year addition since the program began.
48% of recognized startups have at least one woman director or partner, highlighting broader participation as the ecosystem expands.
Digital India’s wider backbone has supported that growth: UPI handled 24,162 crore transactions in FY2025-26, broadband subscribers reached 106.58 crore, and 5G now covers 99.9% of districts.
India’s Global Innovation Index rank improved to 38 in 2025 from 81 in 2015, while its digital public infrastructure has cooperation agreements with 23 countries.
India's startup ecosystem has reached unprecedented scale and maturity by March 2026, with startups now present in every State and Union Territory. This growth is especially strong in Maharashtra, Karnataka, Uttar Pradesh, Delhi, and Gujarat, which not only host the most startups but also drive significant job creation. The expansion is fueled by robust government support, particularly through the Startup India Seed Fund Scheme, which nurtures early-stage ventures. Additionally, other states like Tamil Nadu and Telangana are seeing substantial startup activity, reflecting a truly pan-Indian entrepreneurial wave that is diversifying and strengthening the nation's innovation landscape.