As highly experienced techno legal consultants Gujarat we seal your startup with effective solutions of security. Get legal advice for your startups before you venture into the market.

1. Techno Legal Consultant Shares 5
Hardships Faced by Startups in India

2. After establishing a new startup, challenges become a part and
parcel of the life of an entrepreneur. These hardships help in
moulding them into a professional and experienced
entrepreneur.
As rightly said by Og Mandino, “Obstacles are necessary for
success because in selling, as in all careers of importance,
victory comes only after many struggles and countless
defeats.”
5 Problems that Bother Startups in India
Having a startup business of your own is the most rewarding
and satisfying experience. Many startups don’t survive even the
first five years of their operations while some achieve success
in a short period.
Before you make up your mind to start a business of your own,
know about some hardships startups face in India. You also
need to go for legal advice for startups from techno legal
consultants in India.
1. Funding
A steady flow of funds is a must, especially in the early stages.
For a promising startup venture, funding is essential for
improving technology, marketing strategy, hiring employees,
etc. You need to have the ability and a solid business plan to
convince people. Yes, it is a challenging task, but not an
impossible one, if you are passionate about your work.
It also depends on various elements like business size,
accomplices, associations and finding sponsors.

3. 2. Lack of information on marketing strategies
Before venturing into any business, in-depth research about
your niche is very important. In a diverse country like India, you
need to understand various aspects like demographics, culture,
customs, languages and likewise, that may hinder your
business in coming days. Come up with an original, authentic
idea that solves a problem.
3. Mentorship
Startups are mostly started by youths who are determined to
bring a change. Lack of guidance and mentorship is also a
problem since the traditional managers are not well-equipped to
handle start-ups. As this concept is new, there are no industry
hardened mentors that can help these startups.
4. Government policies
As economic liberalization is a new concept in India, startup
policies lack a clear long-term roadmap. The government is
trying to boost startups in India but there has been limited
impact on the ground, as cited in Economic Times. Considering
the size of the nation and the priorities, a roadmap is a must!
Here, legal advice for startups is a smart move.
5. Bootstrapping
Bootstrapping is very common in India wherein the founders
have to fund their startups initially but for this, research
requires a big capital investment. To avoid this, startup
entrepreneurs rely more on following their gut rather than
spending money on research.

4. Research should be at the core before starting any new venture.
Bottom Line
India is known to have the third-largest startup ecosystem
wherein most ventures focus on high-tech like artificial
intelligence, augmented reality, visual reality, analytics and
likewise. There are innumerable challenges faced by Indian
startups, but with proper planning and tactics, you can still run
a successful one.
Techno legal services is a professional organization offering
cyber law advisory, legal advice for startups, cybercrime
consultancy, cybersecurity services, cyber forensic services and
cyber training in Ahmedabad. It is a one-of-a-kind venture
equipped with expert graduates, law graduates, cyber law
experts and ethical hackers that work to make your lives easier.