Research Article | Open Access
CHALLENGES AND FINANCIAL REQUIREMENTS FACED BY STARTUP INDUSTRIES IN INDIA
Khandelwal Abhishek Sitaram, Dr.More Tarachand Ambar
Pages: 9595-9601
Abstract
India is currently one of the fastest-growing startup ecosystems in the world. Despite the vast potential for growth, startups in India face numerous challenges, especially when it comes to financial requirements. This paper aims to review the challenges and financial requirements faced by startup industries in India. The research is based on a comprehensive analysis of various reports and studies conducted on the Indian startup ecosystem. The challenges faced by Indian startups include a lack of access to funding, a shortage of skilled manpower, and regulatory challenges. Additionally, the Indian market is highly competitive, making it difficult for startups to stand out and gain traction. The study also highlights the financial requirements of startups in India, including the need for seed funding, venture capital, and support from incubators and accelerators. This paper provides insights for policymakers, investors, and entrepreneurs who wish to understand the challenges and financial requirements faced by startups in India and develop effective strategies to support their growth.
Keywords
India is currently one of the fastest-growing startup ecosystems in the world.