Charu Malhotra, Co-Founder & Managing Director, Primus Partners, shares her view on the survey conducted by Primus Partners involving startups, academic institutions, and investors in Tier 2 and Tier 3 cities, as detailed in the report titled ‘Small Towns, Big Ideas: The Rise of Innovation and Entrepreneurship in India’s Tier-2 and Tier-3 Cities. The survey reveals that 44% of investors actively fund startups in these cities, with 64% focusing on technology-based ventures, showcasing a strong appetite for tech-driven innovation. Despite challenges like infrastructure gaps and funding constraints, the growth of Tier II cities indicates a broader economic and infrastructural transformation. Read Now!
Alternate Publications
Hindu Business Line
Republic World
BW Disrupt
Indian Retailer
Outlook StartUp
News18
- CFOs say RBI 40 bps rate hike crucial to contain inflation, dont expect major impact on demand
- Is Carbon Credit Trading Scheme the key to India’s net-zero emissions goal?
- New India-UAE bilateral treaty to ensure continuity of investment protection: Centre
- AMD to invest $400 million in India, will set up largest design centre in Bengaluru
