Telangana, the ‘startup’ State

Hyderabad: Even though the State of Telangana joined the startup party late it was still able to metamorphose the ecosystem in the last eight years and the startups in the State account for around 15-20 per cent of India’s overall startup population. According to the startup portal of Telangana, there are over 6,660-plus startups registered in the State and they have raised funds to the tune of Rs 10,950 crore by 2020.

While 356 are seed-funded startups, about 148 are venture-funded startups and the State is home to over 57 incubators and accelerators – both government-supported and privately-held. From incubators that purely support women-led businesses like the WE Hub to incubators supporting agriculture-oriented startups like the AgHub, the State has a robust support system for the startups.