In the captivating realm of Tamil Nadu's start-up ecosystem, a remarkable narrative of success unfolds, showcasing the audacity and ingenuity of women entrepreneurs. The state stands proud with 576 start-ups led exclusively by women founders, alongside an impressive 3,654 ventures featuring at least one remarkable woman at the helm, per data shared by a leading newspaper.
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Uncover the root causes of the obstacles that hindered businesses, in India in 2023. Delve into the difficulties they faced and get a glimpse of what the future holds for the nation. Alongside understanding why the wave of startups faded tremendously in 2023 as compared to the unicorn environment in 2022. Also, take a look at what lies ahead for India in 2024. Read on...
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In 2023 India, home to a renowned startup ecosystem, witnessed a noteworthy deceleration in the rate of salary increments for startup employees. The fiscal year brought about a significant shift, with average pay hikes ranging between 7% and 12%—a substantial decline from the previous fiscal period, as indicated by various reports surfing the net.
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