Amardeep Singh Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), reported that India's start-up ecosystem has experienced substantial growth over the past nine years, with the number of registered start-ups increasing to 157,066 from approximately 400 in 2016. This growth coincides with the launch of the 'Startup India' initiative, which has seen investments in start-ups rise dramatically from $8 billion to $115 billion. Bhatia emphasized the positive impact of the removal of the angel tax, which has encouraged many Indian start-ups to return home. During a recent press conference, he highlighted various government initiatives, including the Fund of Funds, Seed Fund Scheme, and Credit Guarantee Scheme, which are designed to support innovation and growth in the start-up sector. Additionally, Sanjiv, Joint Secretary at DPIIT, noted the transformative effects of the Action Plan 2016 and the introduction of the AI-powered BHASKAR platform, which aims to enhance the start-up ecosystem further. The ongoing Startup India Innovation Week 2025 includes discussions on innovative financing mechanisms such as venture debt and green financing.