The startup sector has experienced a record-breaking year, with funding rounds surpassing previous highs. Venture capital firms are particularly interested in green technology, fintech, and AI-based solutions. Several young companies have achieved unicorn status, marking significant milestones in the country’s innovation landscape. Industry experts believe favorable government policies, tax incentives, and access to global markets are driving the surge. Job creation in the startup space has also increased, attracting young talent from traditional industries. However, founders are cautioned about sustainable scaling and long-term profitability amid competitive pressures. The momentum shows no sign of slowing down in the near term.
