Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

India Startup System

692 views

Published on

My talk to French delegation at NUMA Bengaluru on the Indian Startup Ecosystem #Societhics

  • Be the first to comment

India Startup System

  1. 1. Indian Startup EcosystemTathagat Varma Mentor, NUMA Bengaluru
  2. 2. Topics •Past: The Journey •Present: The Ground Report •Future: The Road Ahead
  3. 3. India Story Today
  4. 4. The Journey Source: http://www.ispirt.in/Our-Industry/Industry-Evolution
  5. 5. The New Start-Up Hub!
  6. 6. Talent
  7. 7. Capital 500+ Active Angels 150+ VCs / PEs US$ Billion
  8. 8. Accelerators, Incubators, Coworking, Events, Contests Meetups… • 100s of meetups every week • 1000s of Co-working Spaces • 110+ Accelerators & Incubators
  9. 9. Unicorns
  10. 10. Ecosystem Source: http://www.slideshare.net/WorldStartupReport/india-startup-report/27-Ecosystem_Ratings_India_MARKET_China
  11. 11. Culture www.slideshare.net/WorldStartupReport/india-startup-report/27-Ecosystem_Ratings_India_MARKET_China
  12. 12. Tailwinds • India entering Golden age of entrepreneurship • Growing social acceptance to risks and failure • Low entry barriers allow quick experimentation • No dearth of “India-scale” problems! • Evolving ecosystem of mentors, capital and talent • Favorable government support to entrepreneurship
  13. 13. Headwinds • Talent: Lack of right talent • Mindset: Steady paycheck! • Regulations: Too complex • Infrastructure: Largely broken • Ideas: Too many of “me too” • Capital: Early funding woes • Mentorship: Not enough
  14. 14. • Launched by PM Modi to facilitate entrepreneurship and innovation ecosystem • Key points: • Single Window Clearance even with the help of a mobile application • 10,000 crore fund of funds • 80% reduction in patent registration fee • Modified and more friendly Bankruptcy Code to ensure 90-day exit window • Freedom from mystifying inspections for 3 years • Freedom from Capital Gain Tax for 3 years • Freedom from tax in profits for 3 years • Eliminating red tape • Self-certification compliance • Innovation hub under Atal Innovation Mission • Starting with 5 lakh schools to target 10 lakh children for innovation programme • New schemes to provide IPR protection to start-ups and new firms
  15. 15. The Road Ahead • After the initial hype, dust is settling down! • Increasingly favourable govt support • Back to fundamentals: business model, etc. • Huge opportunities in multiple sectors • Expected growth is 3x in next five years!
  16. 16. References • http://www.nasscom.in/india-value-proposition • http://www.nasscom.in/india-startup-ecosystem • http://www.nasscom.in/knowledge-professionals • http://zinnov.com/startups/ • http://www.ispirt.in/Our-Industry/Industry-Evolution • http://yourstory.com/2015/12/indian-startups-raise-9billion-2015/ • http://www.bythestartups.com/the-story-of-indian-startups-from-the-pre- independence-era-to-the-present/ • http://inc42.com/resources/top-startup-accelerators-india/ • http://www.slideshare.net/WorldStartupReport/india-startup-report/
  17. 17. Q&A tathagat.varma@gmail.com

×