Rajan Anandan, the Vice President, South East Asia and India, Google, and the President of TiE Delhi-NCR, thinks Indian start-ups have entered a new phase and the ecosystem is \"accelerating\".

Currently, the HDFC Bank stock forms part of 522 schemes of mutual funds. The popularity and viability of the HDFC stock can be gauged by the fact that of 42 asset management companies (AMCs) in India, 39 hold the stock in their different schemes.

That marks a significant improvement over 2017, when funding slowed down and just 1,000 new startups joined the ranks, a 29% decline year-on-year and the first dip in five years.