India’s USD 101 billion startup ecosystem

India’s USD 101 billion startup ecosystem

The current Indian startup ecosystem, with a cumulative valuation of 95 – USD 101 billion, has facilitated between 390 000 – 430 000 direct jobs, 60 000 of which were created in 2019 alone, according to the Nasscom 2019 report. Consisting of over 335 active incubators and accelerators with a capacity to enable over 5 000 startups every year,…

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Insights into South Korea’s fintech startup scene

Insights into South Korea’s fintech startup scene

South Korea’s support of the fintech ecosystem originated in 2015, when the government introduced a campaign aimed at creating an environment which supported the SMEs and startup space in Korea.   This was reinforced by the country’s Financial Services Commission (FSC) which committed 3 trillion won (US$2.6 billion) to support emerging fintechs over a period of…

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