11th to 21st January 2024 - 4th Edition of States Startup Ranking

Question 1

What is the significance of India’s position in the global startup scene?

Answer 1

India holds the title of the third-largest startup ecosystem in the world.

Question 2

Can you describe the upcoming ‘Startup Maha Kumbh’ event?

Answer 2

The ‘Startup Maha Kumbh’ is a major startup event scheduled for March 2024. (Note: More details on this event might be found through further research).

Question 3

How many Indian States and Union Territories (UTs) have established their own Startup Policies?

Answer 3

A total of 31 States and UTs have formulated dedicated State Startup Policies.

Question 4

What was the total funding received by startups in the 4th edition of the States Startup Ranking, and how many participated in this edition?

Answer 4

In this edition, 3102 startups received funding totaling INR 392 crore.

Question 5

How many Capacity Building and Knowledge Exchange Workshops were conducted, and over what period?

Answer 5

95 Capacity Building and Knowledge Exchange Workshops took place between August 2021 and December 2022.

Question 6

List the 7 broad Reform Areas used for participant evaluation in the States Startup Ranking Framework.

Answer 6

Institutional Support
Fostering Innovation and Entrepreneurship
Access to Market
Incubation and Mentorship support
Funding Support
Capacity building of enablers
Roadmap to a sustainable future

Question 7

Explain the two categories used for classifying States and Union Territories in the evaluation process.

Answer 7

Category A: Includes States/UTs with a population exceeding 1 crore (10 million).
Category B: Includes States/UTs with a population under 1 crore (10 million).

Question 8

How many performance categories exist in the States Startup Ranking Framework, and how many States/UTs fall into each?

Answer 8

Best Performer: 5 States/UTs
Top Performer: 7 States/UTs
Leader: 8 States/UTs
Aspiring Leader: 4 States/UTs
Emerging Ecosystems: 9 States/UTs

Question 9

Which states received the “Best Performer” designation in the States Startup Ranking Framework 2022 (Category A)?

Answer 9

Gujarat
Karnataka
Kerala
Tamil Nadu

Question 10

Name three states that were designated as “Top Performers” in the States Startup Ranking Framework 2022 (Category A).

Answer 10

(Choose any three)

Maharashtra
Odisha
Punjab
Rajasthan
Telangana

Question 11

What is the difference between a “Top Performer” and a “Leader” in the States Startup Ranking Framework?

Answer 11

Top Performers demonstrate strong support for startups and have robust ecosystems in place.
Leaders have made progress in startup development but might have areas for further improvement to reach the level of a Top Performer.

Question 12

True or False: Delhi is considered a “Best Performer” in the 2022 States Startup Ranking Framework for Category A States.

Answer 12

False. Delhi is considered an “Emerging Ecosystem”

Question 13

Which category in the States Startup Ranking Framework is designed for states with a population of over 1 crore?

Answer 13

Category A

Question 14

Which state emerged as the “Best Performer” in Category B of the States Startup Ranking Framework 2022?

Answer 14

Himachal Pradesh

Question 15

Name the two states that received the “Top Performer” designation in Category B of the States Startup Ranking Framework 2022.

Answer 15

Arunachal Pradesh and Meghalaya

Question 16

List the three states recognized as “Leaders” in Category B of the States Startup Ranking Framework 2022.

Answer 16

Goa, Manipur, and Tripura

Question 17

Which two territories were designated as “Aspiring Leaders” in Category B of the States Startup Ranking Framework 2022?

Answer 17

Andaman and Nicobar Islands and Nagaland

Question 18

Provide at least three examples of states/union territories classified as “Emerging Ecosystems” in Category B of the States Startup Ranking Framework 2022.

Answer 18

Chandigarh, Dadra and Nagar Haveli and Daman and Diu, Ladakh, Mizoram, Puducherry, Sikkim (any three or more would be correct).

Question 19

Which company won a Sustainability Champion award?

Answer 19

There were multiple winners:
Eeki Automation Pvt Ltd. (Rajasthan)
Breathe Applied Sciences Pvt Ltd. (Karnataka)
Greenviro Global Pvt Ltd. (Tamil Nadu)

Question 20

In which state is Breathe Applied Sciences Pvt Ltd., a Sustainability Champion winner, located?

Answer 20

Karnataka

Question 21

Which company won the Women-led Innovation award?

Answer 21

Autocracy Machinery Pvt Ltd.

Question 22

Where is Autocracy Machinery Pvt Ltd., winner of the Women-led Innovation award, located?

Answer 22

Telangana

Question 23

What was the Best Startup of the Year, and where is it located?

Answer 23

Saif Automobiles Services LLP, located in Visakhapatnam, Andhra Pradesh.

Question 24

What is the States Startup Ranking?

Answer 24

The States Startup Ranking is a yearly evaluation by the Department for Promotion of Industry and Internal Trade (DPIIT). It assesses how effectively India’s States and Union Territories build supportive environments for startup growth.

Question 25

When was the States Startup Ranking initiative first launched?

Answer 25

The States Startup Ranking initiative was launched in February 2018.

Question 26

What is the primary goal of the States Startup Ranking?

Answer 26

The primary goal is to evaluate the Indian startup landscape through the lens of state policy intervention, and to identify effective state practices that help accelerate startup ecosystem growth and development.