Primus Reports
Unleashing potential: the vibrant landscape of innovation and entrepreneurship in India's tier 2 and tier 3 cities
29-Jan-2024
Charu Malhotra,Co-founder & Managing Director, Primus Partners, shares her view on recent research report by Primus Partners titled ‘Small Towns, Big Ideas: The Rise of Innovation and Entrepreneurship in India’s Tier-2 and Tier-3 Cities. The report reveals that 44% of investors actively fund startups in these cities, with 64% focusing on technology-based ventures, showcasing a strong appetite for tech-driven innovation. Despite challenges like infrastructure gaps and funding constraints, the growth of Tier II cities indicates a broader economic and infrastructural transformation.Read Now!
Explore Related Insights
- Frontier Markets’ Largest Women Empowerment Programme ‘She-Leads Bharat’ to Invest in 1MN Rural Women and 100MN Households of India
- Prolonged instability in Bangladesh may disrupt reactive dyes industry for next one year
- Web3 to power India’s economic growth, expected to drive 27% of India’s incremental GDP by 2032: Study
- Maharashtra Launches 18 Mini Textile Parks, Signs MoUs to Bolster Sector, Eyeing ₹1800 Crore Investment
