Public funding, govt aid help Gujarat keep lead in DPIIT Startup Rankings

Incubators and startups in Gujarat say the state government forms more than 80 per cent of funding and market support and private capital is lacking

Gujarat may not have large valuation startups but it is a top performer in the Department for Promotion of Industry and Internal Trade (DPIIT's) States' Startup Rankings 2021 on the back of public funding and institutional support.

DPIIT evaluated states based on 26 action points across seven reform areas, putting Gujarat as the best performer for the third year in a row. The seven reform areas include institutional support, fostering innovation and entrepreneurship, access to market, incubation support, funding support, mentorship support and capacity building of enablers. It is here that Gujarat scored 100 per cent in terms of access