THE technology industry has enjoyed an enor-mous boom for over a decade now. Two stormy years for all sectors contributed towards creat-ing India’s much-celebrated ‘techade’ and the future ahead also looks extremely promising with the rise of tech startups. The role of technology is transforming. By making things functional and work smoother, technology is also trying to make a difference and bring a change for the better. BW Disrupt’s Techtors looks at tech solutions that fall in this area.
What Is Techtors?
An exclusive initiative of BW Businessworld in association with BW Disrupt, Techtors recognises exceptional startups whose clutter-breaking technology innovations have created a place for themselves in the startup ecosystem in India.
Techtors aims to give young companies one more reason to celebrate as they push forward in their journeys that are revolutionising several businesses in India. These companies are introducing solutions that are making a difference in the workplace and India at large.
In its fourth edition, Techtors acknowledged disruptive technologies that provided solutions to a specific set of people. Entrepreneurs reiterate that failures have proven to be critical lessons to innovate and grow. Techtors received an overwhelming number of nominations from across sectors, showcasing how unique technology-driven solutions for critical issues, are on the rise.
Growth Trajectory Set To Rise
India has recently achieved the mark of 100 unicorns in the country and the credit is bound to go to the zealous and innovative young entrepreneurs. According to Jungle Ventures, Southeast Asia’s technology startups had a combined valuation of $340 billion in 2020 and this is anticipated to grow triple-fold by 2025.
This story is from the June 04, 2022 edition of Businessworld.
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This story is from the June 04, 2022 edition of Businessworld.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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