International Journal of Financial Management and Economics
Vol. 2, Issue 1 (2019)
A study on issues and challenges of startups in India
Dr. G Suresh Babu and Dr. K Sridevi
Startup India is a Government of India flagship initiative to build startups and nurture innovation. Through this initiative, the Government plans to empower startup ventures to boost entrepreneurship, economic growth and employment across India. India’s startup eco-system has become a talking point for the entire world. With hundreds of innovative youngsters choosing to pursue the path of entrepreneurship instead of joining the multinational corporations and government ventures, the business world has witnessed an explosion of ground-breaking startups providing solutions to the real problems at a mass level in the past years.
The paper discusses few issues and challenges that an Indian startup has to face and the opportunities that the country can provide in the current eco-system.