The Indian government is enhancing its support for the startup ecosystem through the Startup India Seed Fund Scheme, which offers financial assistance to emerging businesses. Startups can receive grants of up to ₹20 lakh for prototyping and collateral-free loans of up to ₹50 lakh for scaling operations. During the STPI's SANGAM 2025 event, S. Krishnan, Secretary of the Ministry of Electronics and Information Technology (MEITY), highlighted the importance of startups in driving India's economic future and global competitiveness. The government aims to nurture this landscape, with projections indicating that the number of Indian startups could double from 1.2 lakh to 2.4 lakh by 2030, potentially creating 50 million jobs. This growth is expected to include an increase in unicorns from 120 to 280 and a surge in high-value enterprises, driven in part by advancements in artificial intelligence.