National Entrepreneurship Day 2026: 2.62 Lakh Startups
National Entrepreneurship Day fell on 9 November 2026, with India counting 2.62 lakh DPIIT-recognised startups and the third largest ecosystem worldwide.

Why in News
India observed National Entrepreneurship Day on 9 November 2026, and official figures released that day put the number of DPIIT-recognised startups at 2.62 lakh, the third largest such ecosystem in the world.
National Entrepreneurship Day is marked in India on 9 November. That date was picked because the Ministry of Skill Development and Entrepreneurship came into being on 9 November 2014. A backgrounder released on the day placed enterprise at the centre of the Viksit Bharat @ 2047 goal, pointing out that close to 65% of the people of this country are below the age of 35.
How wide the startup base has grown
Startups carrying recognition from the Department for Promotion of Industry and Internal Trade numbered fewer than 500 in the year 2014. That count now stands at 2.62 lakh, which places India third among startup ecosystems worldwide. Such firms are now found in every State and Union Territory, and on 31 March 2026 the leaders on both count and direct employment were Maharashtra, Karnataka, Uttar Pradesh, Delhi and Gujarat.
- Jobs traced to these firms crossed 25 lakh by October 2026.
- Fresh recognitions climbed 51.6% in 2025-26 against the year before it, and direct jobs went up 36.1%.
- A single-year high of over 55,200 recognitions was touched in 2025-26, the best since 2016.
- Women hold a directorship or a partnership in over 1.07 lakh recognised startups, roughly 48% of them all.
- Cities outside the metros account for 52% of the recognised startups.
The schemes behind the figures
| Fund of Funds for Startups | Corpus of 10,000 crore rupees, operated by SIDBI; 12,623 crore rupees committed to 166 AIFs |
| Startup India Seed Fund Scheme | Corpus of 945 crore rupees; 775.67 crore rupees cleared for 4,194 startups |
| Credit Guarantee Scheme for Startups | Cover per borrower raised to 20 crore rupees; 532 loans worth 1,662.71 crore rupees |
| Atal Innovation Mission 2.0 | Outlay of 2,750 crore rupees up to March 2028, cleared in November 2024 |
| PM SVANidhi | Over 80.7 lakh beneficiaries; more than 20,400 crore rupees sanctioned |
A second Fund of Funds, notified in April 2026 with its own corpus of 10,000 crore rupees, is aimed at deep-tech ventures, inventive manufacturing and firms at an early growth stage. Under the Ministry of Electronics and Information Technology, the MeitY Startup Hub backs 6,149 startups, 518 incubators and 329 laboratories, while TIDE 2.0 works through 51 incubators and GENESIS, with an outlay of 490 crore rupees, aims to lift about 1,600 technology ventures in smaller cities.
Reach beyond the big cities
The NIDHI umbrella of the Department of Science and Technology has backed over 12,000 startups and more than 200 Technology Business Incubators, generating over 1,30,000 jobs. ASPIRE has cleared 109 Livelihood Business Incubators in rural pockets. PMEGP, run by the Khadi and Village Industries Commission, supports projects of up to 50 lakh rupees in manufacturing and 20 lakh rupees in services. In rural India the Start-up Village Entrepreneurship Programme had supported 4.32 lakh enterprises by June 2026, about 86% of them run by people from SC, ST, OBC and minority communities.
Important Facts
| Day | National Entrepreneurship Day, 9 November |
|---|---|
| Why this date | Ministry of Skill Development and Entrepreneurship was established on 9 November 2014 |
| DPIIT-recognised startups | 2.62 lakh (fewer than 500 in 2014) |
| Global rank | Third largest startup ecosystem in the world |
| Jobs created | More than 25 lakh, up to October 2026 |
| Recognitions in 2025-26 | Over 55,200, the highest in a single year since 2016 |
| Women-led share | Over 1.07 lakh startups have a woman director or partner, about 48% |
| Fund of Funds for Startups | Corpus of 10,000 crore rupees, managed by SIDBI |
| Seed Fund Scheme corpus | 945 crore rupees |
| Atal Innovation Mission 2.0 | Outlay of 2,750 crore rupees up to March 2028 |
| Vision | Viksit Bharat @ 2047; economy projected at 7.3 trillion dollars by 2030 |
Exam Point of View
Fix the date (9 November), the reason behind it (the Ministry of Skill Development and Entrepreneurship was set up on 9 November 2014), the startup count (2.62 lakh), India's rank (third), the Fund of Funds corpus and manager (10,000 crore rupees, SIDBI), the Seed Fund corpus (945 crore rupees) and the AIM 2.0 outlay (2,750 crore rupees).
Practice Questions
On which date is National Entrepreneurship Day observed in India?
- A.9 October
- B.9 November
- C.19 November
- D.9 December
Show answer
The day is tied to the creation of the Ministry of Skill Development and Entrepreneurship, which was established on 9 November 2014, and so the anniversary of that ministry is observed each year as National Entrepreneurship Day.
Read the full explanation →How many DPIIT-recognised startups does India have, as stated on National Entrepreneurship Day 2026?
- A.1.62 lakh
- B.2.62 lakh
- C.3.62 lakh
- D.4.62 lakh
Show answer
Startups recognised by the Department for Promotion of Industry and Internal Trade numbered fewer than 500 in 2014 and now stand at 2.62 lakh, making India the third largest startup ecosystem in the world.
Read the full explanation →Which institution manages the Fund of Funds for Startups under the Startup India Action Plan?
- A.NABARD
- B.SIDBI
- C.Reserve Bank of India
- D.NITI Aayog
Show answer
The Fund of Funds for Startups is a DPIIT initiative under the Startup India Action Plan, is managed by SIDBI, and carries a corpus of 10,000 crore rupees that is routed through SEBI-registered Alternative Investment Funds rather than invested directly in startups.
Read the full explanation →Frequently Asked Questions
When is National Entrepreneurship Day observed in India?
On 9 November. The date marks the establishment of the Ministry of Skill Development and Entrepreneurship on 9 November 2014, and the day highlights the place of enterprise in the Viksit Bharat @ 2047 goal.
How many DPIIT-recognised startups does India have?
2.62 lakh, against fewer than 500 in 2014. India is the third largest startup ecosystem in the world, with recognised startups in every State and Union Territory and more than 25 lakh jobs created up to October 2026.
Who manages the Fund of Funds for Startups?
The Small Industries Development Bank of India (SIDBI) manages it for DPIIT. The corpus is 10,000 crore rupees, and SIDBI has committed 12,623 crore rupees to 166 SEBI-registered Alternative Investment Funds, which have invested 28,254 crore rupees in 1,475 startups.
Sources
- https://www.pib.gov.in/PressReleasePage.aspx?PRID=2334411 (opens in a new tab) — Press Information Bureau
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