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Showing posts from December, 2016

Why are Indian Startups Failing?

With the current trend of hoards of startups being established in the market, it’s only natural that not all of them will survive. In fact Indian startups have already started failing at an exponential rate. According to the Economic Survey 2015-16 released by the Government which was tabled by finance minister Arun Jaitley – India has more than 19,000 technology-enabled startups. Even though most of these companies are started by people with a lot of knowledge and experience they are still ending up in the ditch. Why is that? Why do these startup companies fail to stay afloat in the current market scenario regardless of continuous investments and the finest of brains backing them? Let’s take a look at the primary factors responsible for the undoing of these startups – • Impatient Founders  – Novices with little or no experience in dealing with such massive pressure could be one of the foremost reasons for the destruction of a company. Once they realize that things have star