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Nearly 50% startups dealt in innovative products: RBI survey

Nearly 50% startups dealt in innovative products: RBI survey

Wednesday, January 1, 2020, 10:59 AM

About half of the startups dealt in innovative products and over 20% had filed patents for their products, a survey by the RBI based on responses from 1,246 startups has found. The pilot survey on the Indian startup sector was conducted from November 2018 to April 2019. Around three-fourths of respondents were from the states of Karnataka, Maharashtra, Telangana, Delhi and Tamil Nadu.
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