India: Incubators, accelerators grow 40% in 2016, aiding start-up landscape, says Nasscom

India: Incubators, accelerators grow 40% in 2016, aiding start-up landscape, says Nasscom

Initiatives by the Central and state governments will trigger the growth of incubators and accelerators in tier II and III cities. Photo: Bloomberg

Incubators and accelerators continue to play an important role in the growth of the Indian start-up ecosystem. The number of incubators and accelerators have grown by 40%,with more than 40 new ones added in 2016, according to a new report by Nasscom, titled ‘Incubators/Accelerators (I/As) Driving the Growth of Indian Start-up Ecosystem–2017’, which throws light on the critical role of I/As in the start-up landscape.

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