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Entrepreneurship in New Delhi
The entrepreneurship environment in New Delhi is thriving and dynamic, marked by an increasing number of startups and a robust innovation culture. The city has emerged as a major innovation hub in India, home to a vast pool of talented entrepreneurs and tech-savvy professionals who are driving the growth of disruptive technologies and business models. New Delhi boasts numerous incubators and accelerators that provide mentorship and resources to budding entrepreneurs. The city also hosts several entrepreneurship events and networking meetups, which provide platforms for entrepreneurs to connect, share ideas, and forge partnerships. Access to funding is a crucial element that contributes to New Delhi's vibrant entrepreneurship environment. The city has a strong network of venture capitalists, angel investors, and government funding agencies that are keen to invest in promising startups. Moreover, the Indian government has launched several initiatives to promote entrepreneurship, such as the 'Startup India' campaign, which offers funding support, incentives, and simplification of regulations. This proactive government support coupled with a rich investor ecosystem provides startups with the necessary financial backing to grow and scale their businesses in New Delhi.
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New Delhi founders in numbers
New Delhi, the bustling heart of India, boasts a thriving entrepreneurial environment with an impressive 15,000 entrepreneurs shaping its economic landscape. Among these, CoffeeSpace has a growing community of 115 active users who are leveraging our platform to connect, innovate, and grow. Here, the top three industries that entrepreneurs majorly converge upon are Artificial Intelligence (AI), Generative Tech/AI, and Financial Technology (FinTech). These sectors are spearheaded by leading global companies like IBM, Microsoft, and Embibe, which have a dominant presence in the city. A significant portion of these entrepreneurs are alumni of prestigious universities, including Kendriya Vidyalaya, Birla Institute of Technology and Science, Pilani, and Maharaja Agrasen Institute Of Technology, Delhi. These institutions are renowned for their excellent curriculum and fostering an innovative mindset, thereby contributing to the entrepreneurial spirit that defines New Delhi.
The median age of CoffeeSpace founders in New Delhi is 26, while the average is 28.63.
A majority (55%) of CoffeeSpace founders in New Delhi are technical (Engineering, AI/ML), while (45%) are non-technical (Product, S/M, Financial, Operations).
A majority (64%) of CoffeeSpace founders in New Delhi, are exploring startup ideas, while 36% are committed to finding a cofounder.
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