The Alliance of Digital India Foundation(ADIF) plans to rank India\u2019s startup ecosystem among the Top 3 globally by 2030, with a focus on finding the right policy framework to drive growth.<\/span><\/p>\n India is the third-largest startup ecosystem<\/strong> in the world after the US and China<\/strong> in terms of size. <\/span>The US tops the list with 396 unicorns, while China is at the second position with 277 unicorns<\/span>.<\/span><\/p>\n Over the last year, India has added three unicorns every month taking the total count to 51.\u00a0<\/span>However, I<\/span>ndia stands at the 20th spot among the top 100 countries that have been ranked in the Global Startup Ecosystem Index 2021<\/strong> by Startup Blink.\u00a0<\/span><\/p>\n Note:<\/b> A privately held startup company valued at over $1 billion is called a unicorn.<\/span><\/p>\n Google has proposed to charge a fee of up to 30% on revenue earned by apps through its Play store in line with Apple’s App store policy.\u00a0<\/span><\/p>\n But since most of the apps and startups in India don’t have high margins, therefore, this is creating a major problem for Startups in India.<\/span><\/p>\n Source: <\/b>This post is based on the article \u201cADIF aims to rank India startup ecosystem in Top 3 globally by 2030\u201d<\/strong> published in Livemint<\/strong> on 3rd September 2021<\/strong>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" What is the News? The Alliance of Digital India Foundation(ADIF) plans to rank India\u2019s startup ecosystem among the Top 3 globally by 2030, with a focus on finding the right policy framework to drive growth. India\u2019s Startup Ecosystem: India is the third-largest startup ecosystem in the world after the US and China in terms of… Continue reading ADIF aims to rank India startup ecosystem in Top 3 globally by 2030<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[8671,9495],"class_list":["post-131221","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-changes-in-industrial-policy","tag-startup-ecosystem","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704600840},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/131221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=131221"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/131221\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=131221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=131221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=131221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}India\u2019s Startup Ecosystem<\/b>:<\/span><\/h5>\n
Problems faced by Indian Startups:<\/b><\/h5>\n