Affiliation:
1. Central University of Jharkhand, India
2. Indian Institute of Technology, Kharagpur, India
Abstract
India has recently developed a robust startup ecosystem which is a growing startup market because of its energetic young businesspeople and entrepreneurs. By incorporating cutting-edge technology in their products, the entire ecosystem is continually expanding and growing livelier. These startups are also engaged in rural sector and successfully solving daily life problems and contributing a lot in the development of the nation. They are working in almost every sector of the rural, and boosting the economy and also solving unemployment issue. Therefore, these startups are becoming increasingly popular, they still have significant obstacles to overcome from its establishment to working. The article highlights the problems and difficulties that startup ecosystem is facing in current scenario in the country with useful suggestions and recommendation for its economic and sustainable growth.
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