National Startup Awards 2021

National Startup Awards 2021

Question : Which state has topped in “National Startup Awards 2021” ?
a. Karnataka
b. Maharashtra
c. Gujarat
d. Tamil Nadu
Ans. a.
Related facts —

  • Karnataka has bagged 14, the most by any state, of the 46 national startup awards that were announced and given away by the Ministry of Commerce & Industry on January 15, 2022.
  • Ministry received 459 nominations from the state’s startups.
  • There were 2,177 applications from all over the country across several sub-sectors.
  • Karnataka’s performance —
  • In 2021, the state has attracted Rs 1.60 lakh crore in FDI which was more than half of what flowed into the entire country.
  • Of the 57,000 startups in the country, Karnataka is home to about 13,000.
  • Bengaluru more than doubled its venture capital funding to 21.3 billion dollar in 2021.
  • Karnataka is home to the highest number of agri-tech startups in the country and there is still a mountain of hard problems to solve for innovative entrepreneurs — the opportunity in agri-tech is huge.

By – Pankaj Pandey

Link:
https://economictimes.indiatimes.com/tech/startups/karnataka-tops-in-national-startup-awards-walks-away-with-14-of-46-honours/articleshow/88939762.cms