New Delhi [India], As India celebrates National Technology Day this year, it is important to highlight the thriving ecosystem fostering technology innovation across the country. India's future is digital, it is changing the way citizens learn, work and connect, India is set to become the world's 3rd largest startup ecosystem and 100th in the Global Innovation Index (GII) in 2023 compared to its 81st rank in 2015. Has reached 40th position in. Emerged as harbingers of change, eagerly adopting emerging technologies to drive economic growth. Venture capital firms played a vital role in this transformational journey, acting as the nurturing force behind these entrepreneurs, providing guidance, support and critical funding to fuel their success. At the core of all this lies the belief that a transformative idea is capable of reshaping industries and societies., Thousands of such brilliant and path-breaking ideas remained unknown because they did not get the right support, proper guidance or the funds required for their development, which ultimately slowed down the progress of the country India has developed some of the best digital public goods infrastructure . That could change lives around the world. Next in line could be its open network for digital commerce which is currently in the early stages of adoption. Open Network for Digital Commerce (ONDC) aims to promote open source networks for everyone to exchange goods and services over the Internet, and most importantly, independent of any specific platform, India has It has taken the path of building public digital infrastructure to serve citizens and UPI, and Jan Dhan, Aadhaar and CoWin are some examples of this. Talking about UPI, India's leading instant payment solution, there has been a rapid increase in its adoption.Payments through digital means are growing rapidly in India, as its citizens increasingly adopt emerging ways of transacting over the internet. UPI is India's mobile-based fast payment system that allows customers to make instant payments around the clock using a virtual payment address (VPA) created by the customer. UPI is India's mobile-based fast payment system that allows customers to make instant payments around the clock. Payments are made instantly using the Virtual Payment Address (VPA) created by the customer. The main emphasis of the Indian government has been to ensure that the benefits of UPI are not limited to India only; Other countries should also benefit from this.So far, Sri Lanka, Mauritius, France, UAE and Singapore, among others, have partnered or intend to partner with India on emerging fintech and payment solutions. UPI's share in digital payments in India is set to reach close to 80 percent in 2023. Today, India accounts for about 46 percent of the world's digital transactions (as per 2022 data).