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An Analysis of Eco System of Indian Start-ups and Post Start-up Scenario of Selected Companies

Vol 3, Issue 2, July - December 2016 | Pages: 33-48 | Research Paper  

 
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https://doi.org/10.17492/pragati.v3i2.7743


Author Details ( * ) denotes Corresponding author

1. * Amit Kumar Singh, Associate Professor, Department of Commerce, Delhi School of Economics, University of Delhi , Delhi , India (amitipo10@gmail.com)
2. Arun Kumar Attree, Assistant Professor, Department of Commerce, Shaheed Bhagat Singh College, University of Delhi, Delhi, India (arunattree@gmail.com)
3. Rohit Kumar Shrivastav, Ph. D Research Scholar, Department of Commerce, University of Delhi , Delhi , India (rohitkshrivastav@gmail.com)

This paper analyses the Indian experience of start-ups and the challenges faced by the start-ups in India in terms of financial resources. India ranks third among global start-up ecosystems with more than 4,200 new-age companies and it is amongst the top five countries in the world in terms of the new business start-ups. Many initiatives have been taken by the government to promote the environment of entrepreneurship and give incentives to young start-ups by providing the new and innovative schemes. These have not only provided funds to these start-ups but have also helped them in setting business with the help of information technology. The analysis of post start-up scenario of some selected companies highlights that when start-ups get the grip on the market, they are normally acquired by global companies, who normally retain the basic theme of the start-up. While India has seen an unprecedented growth in start-ups, there are some issues which India needs to resolve in order to promote and sustain its ecosystem of entrepreneurship and start-ups.

Keywords

Start-ups, Funding of start-ups, Entrepreneurship, India

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