💰 Funding & IPOs

India has over two lakh startups, expansion reaching smaller cities: Minister Khadse

📅 20 May 2026 ⏱️ 2 min read ✍️ Curated by WiseSeva · Source: yourstory.com

Union minister Raksha Nikhil Khadse said on Wednesday that the number of startups in the country has crossed the two lakh mark and these ventures are now expanding beyond metros into smaller cities as well.The Union Minister of State for Youth Affairs and Sports was addressing the inaugural session of the BRICS Youth Entrepreneurship Working Group Meeting in Indore under Indias BRICS chairship.Speaking to reporters later, she said several initiatives have been taken over the last 10 years under Prime Minister Narendra Modis leadership to promote startups and innovation-driven enterprises in the country.At present, more than two lakh startups are active in India, and their reach has expanded not only to major cities but also to smaller towns, she said.Khadse…

India Business and Economic Context

India’s economy continues to show strong growth momentum, consistently ranking among the fastest-growing major economies globally. With a young and growing working-age population, increasing digital penetration across rural and urban India, and an ambitious government infrastructure programme, the business landscape offers significant opportunities alongside competitive challenges.

For entrepreneurs, farmers, and small business owners, staying informed about economic and business developments helps in planning operations, managing costs, identifying opportunities, and navigating risks. WiseSeva aggregates and contextualises the most relevant business news from trusted Indian publications to keep you informed efficiently.

Key Points at a Glance

  • Originally reported by leading Indian financial media
  • Relevant for entrepreneurs, MSMEs, investors, and business professionals

Useful Resources for Indian Readers

Stay updated with daily business intelligence from WiseSeva — covering market prices, government schemes, funding news, and economic analysis relevant to Indian entrepreneurs, farmers, and households. Bookmark wiseseva.in/business for daily updates.

Source & Further Reading

This news report was originally published by YourStory on Wed, 20 May 2026.

📰 Read the full original story: yourstory.com — Full Article ↗

Editorial Note: WiseSeva curates and contextualises business and economic news from trusted Indian media sources including Economic Times, Mint, Business Standard, PIB, YourStory, and Inc42. Our editorial team reviews and adds context to help Indian entrepreneurs, farmers, MSMEs, job seekers, and households make informed decisions. The original reporting credit belongs to the source publication linked above.

📰 Original Source: yourstory.com ↗