16th India Digital Summit 2022 host by IAMAI
Highlights:
- The Internet And Mobile Association of India hosted the two-day virtual event on January 11 and 12, 2022. (IAMAI).
- Piyush Goyal, the Union Minister of Commerce and Industry, spoke remotely at the 16th India Digital Summit in 2022.
- "Supercharging Startups" was the summit's theme.
- The India Digital Summit is the country's oldest digital industry event.
- The Minister introduced 'LEAP' as a path forward to further enhance our Startup ecosystem during the occasion.
- "LEAP" is the acronym for "Leverage, Encourage, Access, and Promote."
- On DPIIT, there are presently 58,379 start-ups, with around one-third of them being digital.
- Significantly, India is ranked second in the world for the number of online start-ups, with Bengaluru topping the list as one of the top three start-up hotspots.
- Currently, the industry employs around 5.7 million people. PayTM, Nykaa and Policy Bazaar are among the digital start-ups whose IPOs are estimated to raise a total of INR 30,000 crore.
- There are currently 66 Unicorns and 30 Soonicorns in India, with a combined value of INR 17.81 Lac Cr.
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