Primus Reports
44% Domestic Investors across 30 Domains Focusing on Startups in Tier 2, 3 Cities, Says Survey
26-Jan-2024
Charu Malhotra, Co-Founder & Managing Director, Primus Partners, shares her view on recent report by Primus Partners titled ‘Small Towns, Big Ideas: The Rise of Innovation and Entrepreneurship in India’s Tier-2 and Tier-3 Cities. The report reveals that 44% of domestic investors across 30 domains, including IT, food, and agriculture, have focused on startups in these cities. The growth of tier 2 cities signifies a broader economic and infrastructural transformation. Despite challenges like infrastructure gaps and funding constraints, the growth of Tier II cities indicates a broader economic and infrastructural transformation. Read Now!
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