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Nirmaan is honored to introduce its new faculty advisor, Prof. Richa Agrawal, Marketing Faculty at DoMS IITM. It's a great pleasure for the student team and the startups to work under her guidance and support in the coming future ahead! #NIRMAAN #congratulations #DOMS #iitm

Nirmaan is honored to introduce its Program Manager, Mrs. Nandhini Ramu. It's a great pleasure for the student team and startups to continue working under her guidance and continuous support in the future! #nirmaan #iitm #facad #startups #manager

323 of the world’s unicorns are in the FinTech industry. Together, they make up 40% of the total global unicorn value. After a down year in 2020, FinTech funding almost tripled in 2021. That makes it the most invested-in startup industry in the world. #Nirmaan#fridayfacts#facts

There are 1,183 billion-dollar “Unicorn” startups in the world ByteDance — the social media startup behind TikTok — is the most valuable unicorn in the world at $350 billion. #fridayfacts#startups#facts#nirmaan#bytedance#unicorn#billion

The United States is the leading country by the number of startups (71,153). The second on the list is India, with just 13,125 startups, followed by UK (6220), Canada (3303), Indonesia (2347), Germany (2296), Australia (2262), France (1567), Spain (1407) and Brazil (1166).

Every second 3 new startups are invented worldwide. Startups are invented every 3 seconds, which leads to 11,000 per hour. Among startups, 90% of startups fail within the first year. #fridayfacts #facts #nirmaan #startup #Entrepreneur

GE is the oldest startup in the world ! General Electric was formed in 1892 by none other than Thomas Edison, inventor of the lightbulb. The company went public in 1896 . #fridayfacts #facts #startrup #entrepreneur #nirmaan #iitm #generalelectric

The Harvard Business Review showed that approximately 70% of investors started out by incubating their business ideas while working at a traditional job. #startrup #entrepreneur #nirmaan #iitm #iit #iitmadras #fridayfacts #entrepreneur

Out of the total world population of 7.6 billion, over 600 million are entrepreneurs. This means that every 1 in 13 individuals owns a business. #business #smallbusiness #enterpreneur #friday #startups #facts

India has over 2.5 million registered small businesses, making it one of the highest in the world. According to a recent report by KPMG and Google, India will have the second largest startup ecosystem by 2025. (Source: entrepreneur.com/article/352784) #startrup #fridayfact

Most Startup Founders don’t stay on as CEOs The Founders of most startups end up taking a backseat mostly in the long-run. Whereas it could be their idea or innovation driving the business, the founders are likely not to lead the companies which they created.

IN 1974, FEDEX WAS ON THE VERGE OF BANKRUPTCY. IT WAS SAVED WHEN THE FOUNDER TOOK THE LAST $5,000 OF THE COMPANY'S ASSETS AND TURNED IT INTO $32,000 BY GAMBLING IN LAS VEGAS. TODAY, FEDEX IS ESTIMATED TO BE WORTH $47 BILLION. #fridayfacts #facts #startup #fedex

In 1974, fedex was on the verge of bankruptcy. It was saved when the founder took the last $5,000 of the company's assets and turned it into $32,000 by gambling in Las Vegas. Today, fedex is estimated to be worth $47 billion. #fridayfacts #facts #startup #entrepreneur #fedex

According to startup statistics for 2021, people between the ages of 50 and 59 are at the top of the startup founders list with 35%. One-fourth are between 40 to 49 years, while those aged 60-69 make up 18%. At the bottom of the list sit people between the ages of 18 and 29

7.1% of the startups in the world operate in the Fintech industry. Followed by Life sciences and healthcare with 6.8%, Artificial intelligence with 5.0%, Gaming with 4.7%, Adtech with 3.3%, and Edtech with 2.8%. (Source : Statista) #iitm #nirmaan #iitmadras #startup #fridayfact

India is the 3rd largest country in the startup ecosystem. 21 company falls under the unicorn club with a net worth of more than 50 billion. By 2022 50 more companies from India will join the Unicorn club. #iit #iitm #madras #nirmaan #friday #fact #startup #india

There are 7 female entrepreneurs for every 10 male entrepreneurs starting a business. There are 200 million women entrepreneurs around the world, just 3% of all venture capital funding goes to women-led companies. #iit #madras #startup #fridayfact #entrepreneurship #iitm

Presenting the glimpse of the successful event "Experts Talk 3.0" Nirmaan team is so grateful to all the 100+ students for the support that you showed towards the event. It was kind of you to take out time from your busy schedule and turn this event into a success. #nirmaan #iitm