India has the third largest and fastest growing startup ecosystem globally, with around 3,100 startups added annually and over $2 billion in VC/PE investments each year. By 2020, it is estimated there will be over 11,500 startups in India employing more than 250,000 people. A startup is an organization formed to search for a repeatable and scalable business model under conditions of extreme uncertainty. The typical startup process involves having an idea, building a prototype, reaching out to investors for funding, developing the product further, hiring employees, and expanding. However, about 95% of startups ultimately fail, usually due to premature scaling, acquiring users who don't generate enough revenue, or failing to secure further financing rounds
3. largest startup ecosystem globally
startups added annually
http://www.nasscom.in/india-fastest-growing-and-3rd-largest-startup-ecosystem-globally-nasscom-startup-report-2014
startups in the technology and digital space in India alone~3100
3rd
~800
15. Premature scaling
✤ Spending money on
marketing, hiring etc.
before you find a
working business
model
✤ Spending too fast
while failing to
secure further
financing.
74% of 95%
Acquiring users for less than the revenue they bring
http://www.quora.com/What-percentage-of-startups-fail
17. Source: Disciplined Agile Consortium (https://disciplinedagiledelivery.wordpress.com/2014/04/25/an-exploratory-lean-startup-lifecycle/)
Envision Build a little Productize
Hypothesis
Deploy
Keep going
Observe &
Measure
Proven Idea
Pivot
Disproven Idea
Cancel
Idea
26. This presentation is available FREE of cost. Images used under Creative Common License but can be removed on objection
http://www.nasscom.in/india-fastest-growing-
and-3rd-largest-startup-ecosystem-globally-
nasscom-startup-report-2014
https://disciplinedagiledelivery.wordpress.com/
2014/04/25/an-exploratory-lean-startup-
lifecycle/
http://www.quora.com/What-percentage-of-
startups-fail
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