The Indian Startup Ecosystem showed robust performance in 2021 and continues to do so in 2022. In this book, the performance statistics of several startups in India have been explored, along with some of the reasons why the economy is conducive to...
The Indian Startup Ecosystem showed robust performance in 2021 and continues to do so in 2022. In this book, the performance statistics of several startups in India have been explored, along with some of the reasons why the economy is conducive to the growth of startups.Body The author has explored the causes behind the growth of startups in India and explained that India has the third highest number of startups globally. It is only behind USA and China when it comes to startups. Whether in acquiring funds or getting the government's support, the economy is ideal for the growth of startups.The author has also explored at length the growth of several startups and how these have gone on to become recognized brands. In addition, several of these startups are now recognized eCommerce platforms.Finally, the author has provided case studies of startups from different industrial sectors.Several of these are from travel, B2B, and consumer-facing startups. He explained that the startup boom has led to economic growth in India.Although startups are considered relatively new in India, the recent lockdowns and pandemic have affected their growth. But the author believes that there will be changes that will modernize the startup economy further.