Europe’s biggest startup conference, “Vivatech 2020” has recognized India as the “country of the year.” It is a tremendous honour for India to be named “country of the year” in Vivatech 2020. This is due to the contribution of the Indian startups to the world. This is the recognition of Indian startups.
Minister of Railways, Communications, Electronics and Information Technology, Ashwini Vaishnaw inaugurated the India pavilion at the technology exhibition Vivatech 2020, held in Paris, France. Around 65 start-ups from India are participating in Vivatech 2022 with government support.
Indian start-up ecosystem has been growing very fast. It has been innovating at a rapid pace and now we have over 100 unicorns which reflects the scale and recognition of Indian ecosystems. The combination of billions of smartphones, billions of bank accounts with billions-plus digital identities help in enabling the creation of novel use cases for technology development in India.