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Start-Up Ecosystem's Progress In Assam Fast-Paced: CM Himanta Biswa Sarma

The start-up ecosystem in the country has brought in a new wave in the global economy and the youths have been able to take advantage of this, Himanta Biswa Sarma said at an event organised to celebrate Assam's start-up ecosystem.

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Assam Chief Minister Himanta Biswa
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The start-up ecosystem in Assam may have started late but its progress has been fast-paced, creating a beacon of hope for the youths of the state, Chief Minister Himanta Biswa Sarma said here on Wednesday.

The start-up ecosystem in the country has brought in a new wave in the global economy and the youths have been able to take advantage of this, Sarma said at an event organised to celebrate Assam's start-up ecosystem here.

He pointed out that in the States' Startup Ranking 2021, Assam was recognised as a leader in the category of developing a startup ecosystem.

The chief minister also congratulated the seven proptech start-ups selected by Gruhas Aspire, a start-up accelerator focused on high potential proptech startups in India.

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Sarma said that incubated startups from both cohorts had impacted around 3.4 lakh lives and provided direct employment opportunities to 260. Meanwhile, 76 start-ups from two cohorts generated Rs 42.6 crore revenue and 54 incubated startups from three cohorts raised cumulative external funding of Rs 30 crore during the financial year 2020-21, the CM added. 

(With PTI Inputs)

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