The Indian startups continued to raise funds at a normal pace, and this week, 30 startups secured around $287 million in the country. This included six growth-stage deals and 20 early-stage deals, Entrackr reported on Saturday.

The CII report introduces an ambitious 'Unicorn 2.0' scenario, envisioning the startup ecosystem's potential to add USD 1 trillion to India's estimated USD 7 trillion economy by FY30, thereby creating over 50 million jobs.

Information Technology Minister Ashwini Vaishnaw has emphasized the importance of ensuring that AI models are trained without racial or other biases, indicating a growing awareness within the government regarding the ethical implications of AI technology.

It is necessary to recognize India's close-knit and resilient new-age entrepreneur community that has advanced the nation and made it into a breeding ground for excellence.