Indian Startups Soar in 2022, Raising $42 Billion Across Sectors Like Fintech, EVs, and Healthcare

Indian startups have witnessed remarkable growth, attracting $42 billion in funding in 2022. They are contributing across sectors like EV, fintech, jobs creation, technology, and healthcare.

Fintech startups have disrupted the sector with 87% adoption rate. The fintech market opportunity is estimated to reach $1.3 trillion by 2025.

Recognized startups have created over 10 lakh direct jobs. They infuse fresh ideas and attract foreign investment.

Startups are driving the EV space with innovations in battery tech, charging infrastructure, and more. They are also advancing sectors like edtech, e-commerce, SaaS, etc.

There is focus on better patient management, data analysis and insurance claim management by healthcare startups. Investments in health tech startups increased by 45% in 2022.