Maha Shivratri Offer- Use Code SHIVRATRI24

Register Now

Tracxn Geo Annual Report:India Tech 2023, India Slips to 5th Spot in Global Ranking

Published on December 14, 2023
Current Context: The ‘Tracxn Geo Annual Report: India Tech 2023’ was released on December 8, 2023. India’s tech startup ecosystem has seen a significant decline in funding, making 2023 the lowest-funded year in the last five years.
Tracxn Geo Annual Report:India Tech 2023, India Slips to 5th Spot in Global Ranking
  • India has slipped to the 5th spot in the global ranking of startup ecosystems, according to the Tracxn Geo Annual Report: India Tech 2023.
  • The United States, China, the United Kingdom, and Israel continue to hold the top four spots.
  • The report attributes India's decline to a slowdown in funding growth, a decrease in the number of mega-rounds, and a challenging macroeconomic environment.

Question:

Q.1 In 2023, India's global ranking in the startup ecosystem dropped to:
a. 3rd
b. 4th
c. 5th
d. 6th

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students preparing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu