India has 2.3 lakh startups, created 25 lakh jobs: Jitendra Singh

Union Minister Jitendra Singh said India's startup ecosystem has grown from a few hundred startups in 2014 to 2.3 lakh, making it the world's third-largest startup hub. He said startups have created nearly 25 lakh jobs over the past decade and become a major contributor to economic growth. More than half of these ventures come from Tier-2 and Tier-3 cities.