Indian Startups: Analyzing Their Vulnerabilities and Prevailing Challenges

Abstract

Startups have been the fashion of commercial markets over the last few years in India. Lack of Government support and stringent policies for setting up the startup makes the process difficult. However with the improvement in the policies regarding documentation work, banking facilities and other helps from government departments, the startups have surged in past few years. Leftover complicated procedures and regulations should also be studied and resolved as soon as possible. This study has tried to look into these aspects and reflect the prevailing situation at ground level. Study has explored the effect of demonetization and GST implementation on the startups as well as analyzed the overall performance of the startups across many sectors. Study found funding as the most important factor for the survival of startups and easing up the government rules and regulations have also been the priority area for the startups. Startup India initiative is well known to startups but new entrepreneur is expecting more supportive and responsive ecosystem.