The presentation covers, Profile of Start-ups, Start-up Ecosystem, Issues and Challenges faced by Start-ups,Opportunities available for Start-ups, Government Initiatives,Valuations of few Start-ups,Reasons for failure of Start-ups etc.
Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than ₹25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of ₹200 billion (US$2.8 billion) has been allocated for this scheme.
Startup Ecosystems in India and role of HeadstartUjjwal Trivedi
What is India's startup Ecosystem, how do we fare against the world and how Headstart can improve startup ecosystems. Made this presentation to Headstart volunteers in 22 cities across India.
Every Details related to the Startup India ,Modi Action Plane,Latest Startup Report by government,Important points,eligible legal entity,inter ministerial board, startup that is considered eligible,Funding Related questions, top flourishing cities, most profitable type of small businesses and their net profit margins, startups that are changing the face of virtual reality in India,benefit, anylysis
"Start Up India... Stand Up India" is an government initiative - announced by GOI on 16th Jan 2016. For inspiring youth for the entrepreneurship & start ups.
Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than ₹25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of ₹200 billion (US$2.8 billion) has been allocated for this scheme.
Startup Ecosystems in India and role of HeadstartUjjwal Trivedi
What is India's startup Ecosystem, how do we fare against the world and how Headstart can improve startup ecosystems. Made this presentation to Headstart volunteers in 22 cities across India.
Every Details related to the Startup India ,Modi Action Plane,Latest Startup Report by government,Important points,eligible legal entity,inter ministerial board, startup that is considered eligible,Funding Related questions, top flourishing cities, most profitable type of small businesses and their net profit margins, startups that are changing the face of virtual reality in India,benefit, anylysis
"Start Up India... Stand Up India" is an government initiative - announced by GOI on 16th Jan 2016. For inspiring youth for the entrepreneurship & start ups.
Indian startups- How they effect the economyMohit Jaswani
• Wrote a paper upon analysis of Indian economic growth because of startups over the years and its sustainability under the guidance of Dr. Surinder Singh Nehra.
• It also covers overview of Australian Startup Economy and Case Study of two Indian startups i.e. Srjna and Hostelers.
All marketing aspects including financial and HR policies are explained elaborately . Subsidiaries, value system , competitors. A comparison study among TCS INFOSYS and Wipro is given Briefly.
Startup India and Standup India, in this presentation you get brief information on what business is good nd how to think of a business nd what to keep?
Entrepreneurship, Entrepreneurs and Startups Prakash Pimpale
Entrepreneurship, Entrepreneurs and Startups is a presentation talking about contemporary entrepreneurs and startups. Also lists events and other stuff where people wanting to start can look for help.
Indian startups- How they effect the economyMohit Jaswani
• Wrote a paper upon analysis of Indian economic growth because of startups over the years and its sustainability under the guidance of Dr. Surinder Singh Nehra.
• It also covers overview of Australian Startup Economy and Case Study of two Indian startups i.e. Srjna and Hostelers.
All marketing aspects including financial and HR policies are explained elaborately . Subsidiaries, value system , competitors. A comparison study among TCS INFOSYS and Wipro is given Briefly.
Startup India and Standup India, in this presentation you get brief information on what business is good nd how to think of a business nd what to keep?
Entrepreneurship, Entrepreneurs and Startups Prakash Pimpale
Entrepreneurship, Entrepreneurs and Startups is a presentation talking about contemporary entrepreneurs and startups. Also lists events and other stuff where people wanting to start can look for help.
The topic was delivered by Shri B.S. Mubarak IFS, Director (South) – Ministry of External Affairs, Government of India, Delhi | Former Consul General of India in Saudi Arabia.
The presentation covers the ecosystem of MSMEs in India, the challenges faced by entrepreneurs, GoI Initiatives, MSME Schemes provided by the government to encourage new enterprises, Opportunities available and the reasons of failure of new ventures and finally, details of the secors which provide opportunities for entrepreneurs to start a new business.
When operating a startup, there are too many things on your plate that you need to take care of. You have a service/product to develop, a team to manage, and deals to seal. Understanding this importance, CA Mitesh Katira – A Startup Enthusiastic is all set to host a session on “How To Make A Startup Standup “on 02nd December at the Ghatkopar Study Circle at 6.00 pm to 9.00 pm .
Its never a better time to be a startup in India. 50% of the USD1Trillion digital economic value in 2025 will be from startups, digital business. Intuit Circles is a personal ecosystem for startups. We offer financial literacy, customer access and business connections for startups to scale.
Startup Incubation in Agriculture Sector.pptxPappu Kumar
Startup culture thrives on the spirit of youthful ambition, fueled by fresh ideas and cutting-edge technology. Driven by innovators with a keen eye for market opportunities, startups disrupt existing norms or carve out entirely new spaces. Understanding the crucial role of its people in shaping the economy, the Indian Government, led by Narendra Modi, intro-duces the game-changing "Startup India" initiative. This bold move recognizes the latent talents of Indians and their eagerness to contribute to national growth. Despite many nur-turing dreams of starting their own businesses, financial hurdles often stand in their way. Enter Startup India, a supportive platform that aims to empower aspiring entrepreneurs, helping them turn their concepts into successful ventures. By fostering an environment where creativity flourishes, this initiative not only boosts economic progress but also ele-vates India's global standing. Through Startup India, the government is unlocking the na-tion's potential, steering it towards a brighter and more prosperous future for all. The term 'Incubation' originates from the Latin word 'incubation', which the an-cient Romans used to describe a practice of nurturing basic ideas until they blossomed into grand visions over time. When we talk about business start-up incubators today, we're borrowing and adapting the concept from medicine. These are places that support new ventures during their vulnerable early stages by offering physical spaces, communication tools, social connections, and access to funding. Being associated with an incubator and its sponsors also brings credibility and respectability to these startups. Moreover, incubators provide expert guidance and support from professionals to help these ventures thrive (Smilor & Gill, 1986; Aernoudt, 2004; Bollingtoft & Ulhoi, 2005).It's reported that the idea of business incubators started in the USA back in 1959 and then spread to Europe, South Korea, and other places in the late 1900s. In India, the government was quick to jump on board with the concept, launching a big nationwide pro-gram for business incubation in 2000 under the National Science and Technology Entre-preneurship Development Board (NSTEDB), which falls under the Department of Science & Technology, Government of India (NSTEDB Report, 2009).
Enabling Indian manufacturing MSMEs for global competitivenessIET India
The COVID-19 pandemic has been a watershed moment for businesses globally. While the scenario looks gloomy all around, there are significant local and global factors that may prove to be favourable for FDI in manufacturing, especially in the Micro, Small & Medium Enterprises (MSME) sector in India.
Post the lethal impact of COVID-19, more and more manufacturing companies are looking towards India as an investment destination and as a reliable alternative to other low-cost producer countries. This will benefit the growth of established firms/sectors, providing significant new prospects for Indian MSMEs to step up and move to the next level. However, it is important to be cognisant of the fact that in order to successfully grab these opportunities, there needs to be a serious rethink of existing business models.
This paper focuses on the opportunities available, scope for improvement, and solutions to varied challenges for the MSME sector in India.
Software Development Careers: Why, What, and How?Sanjay Goel
This presentation was used during the 3 hrs long session for pre-final year CSE/IT/ECE students at JIIT on 13th June 2015. It even has the slides that were skipped because of time shortage. Thanks to some of the star alumni of 1st (2005) to 5th (2009) batch graduated from JIIT for their messages that are also included in this presentation. Each of their message was read out by different students during the presentation. I hope more engineering students at JIIT and even at other institutes will find it useful for making the right choice wrt their career.
This presentation is a continuously evolving presentation and is kept updated with new insights and information.
India Leadership Conclave 2019 - "Opportunities" - The 5 Trillion Dollar Miss...Indian Affairs
India's $5 trillion-economy plans looks good on paper but it needs to address gaps. India Leadership Conclave is of the opinion that India needs foreign direct investment (FDI) urgently, and lots of it. Since FDI, unlike portfolio investment, is long-term patient capital, entrepreneurs and bankers like to examine proposals very carefully.
India’s record on the dispute resolution front has also proved to be extremely worrying. That is why most investors prefer to insert a clause allowing for international arbitration from a seat outside of India.
India Leadership Conclave 2019 - "Opportunities" - The 5 Trillion Dollar Miss...Indian Affairs
India's $5 trillion-economy plans looks good on paper but it needs to address gaps. India Leadership Conclave is of the opinion that India needs foreign direct investment (FDI) urgently, and lots of it. Since FDI, unlike portfolio investment, is long-term patient capital, entrepreneurs and bankers like to examine proposals very carefully.
India’s record on the dispute resolution front has also proved to be extremely worrying. That is why most investors prefer to insert a clause allowing for international arbitration from a seat outside of India.
Globally, the number of startup companies has rapidly expanded during the last 5-8 years. Offering
products and/or services that greatly enhance the lives of its clients is a major focus for these firms. In India,
local and federal government initiatives have provided new enterprises and entrepreneurs with much
momentum and assistance, helping India become the world's top startup location. The Government of India
(GOI) launched the "Startup India" campaign in 2015 to promote entrepreneurship and support businesses to
achieve this goal (Babu, S., Sridevi, K.,2019). An IBM Center for Business Value and Oxford Economics study
in 2018 found that 90% of Indian companies fail within the first five years of operation. Potential difficulties
that startups may run across, both generally and specifically in the Indian market, have been described by
several authors.
The presentation is a guide to students to understand the job market scenario. It covers higher education data, desirable skills campus recruiters want in students, Do's and Don'ts for job seekers and students as regards getting a job, job opportunities available, policy changes required etc.
History shows that new products success rate in the market is low due to various reasons. The presentation looks at innovation , new product development process , reasons of failure with examples and also proposes a framework for improving the success rate
Presentation covers Nature of Innovation , Technological and Network Innovations , Design of Successful Innovative Organisation, Training and Management of Innovation ,Agents of Innovation
Presentation covers Creativity , Innovation, Process of Innovation, Types of Creativity,Creative Intelligence , Divergent and Convergent Thinking, Model of Creative Process, Creative Problem Solving Techniques,Roots of Human Creativity and Forms of Creativity
Sales & Operations Planning is popularly known as S&OP and is a process which has evolved from SCM. It looks at balancing demand with supply and can be applied in most of the industries. The phase- wise process is depicted in the presentation
More from David Memorial Institute of Management (10)
Explore Sarasota Collection's exquisite and long-lasting dining table sets and chairs in Sarasota. Elevate your dining experience with our high-quality collection!
What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
In this comprehensive slideshow presentation, we delve into the intricacies of crypto marketing, offering invaluable insights and strategies to propel your project to success in the dynamic cryptocurrency landscape. From understanding market trends to building a robust brand identity, engaging with influencers, and analyzing performance metrics, we cover all aspects essential for effective marketing in the crypto space.
Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
Office Furniture | Furniture Store in Sarasota, Florida | Sarasota Collection
Indian Start-ups -Issues , Challenges and Opportunities (Road map for starting a successful venture)
1. Indian Start-ups
-Issues , Challenges and Opportunities
(Road map for starting a successful venture)
Dr. Gopaldas Pawan Kumar
BE(Mech.), MSc(EBM), MBA , PhD.
Associate Professor
gdpawan@gmail.com
2. Entrepreneur(ship)
• Doing something new or something different is a necessary condition for a
person to be called as an entrepreneur.
• Entrepreneurship is defined differently by different authors.
• Comprehensive definition : It is the process of creating something new
with value by devoting the necessary time and effort, assuming the
accompanying financial, psychic and social risks and receiving the
resulting rewards of monetary and personal satisfaction and
independence” (Robert D. Hisrich and Michael P. Peters ,1998)
10-10-2020Dr. G.D Pawan Kumar 2
3. Profile of a Start-up
• It is a new business that is in the initial stages of operation, typically
financed by an individual or small group.
• The objectives of a start-up are to be one’s own boss and create
employment
• It is a scalable business model built on technology and innovation.
• Develops a product/service through disruption.
• Focused on entrepreneurs in IT and ITeS segment working towards
innovation and development of products or services.
10-10-2020Dr. G.D Pawan Kumar 3
4. Definition of Start-up Enterprise
A start-up is defined as a ‘temporary organization with scalable business
model’.
According to the Ministry of Commerce and Industry, GoI, it is:
ii) A registered entity not more than 7 years old.
iii) Has never crossed an annual turnover of Rs25Crs in any preceding
financial year.
iv) A company working towards innovation and development of products or
services that have high potential of wealth creation or employment
generation.
10-10-2020Dr. G.D Pawan Kumar 4
5. Attributes of Start-up Venture
Grant Thornton (2016) define start-up business as an organization which is
a) Incorporated for three years or less.
b) Is at a funding stage of Series B or less.
c) Is an entrepreneurial venture/a partnership.
d) Development, production or distribution of new products or processes.
e) Has a revenue of up to INR 25 Cr.
f) Is not formed through splitting or restructuring.
g) Employs 50 people or less.
10-10-2020Dr. G.D Pawan Kumar 5
6. The Start-up Ecosystem
Till 2019, there were around 9000 Start-ups.
Cumulative valuation of start-ups was $95-101Bn.
Direct employment -390k and Indirect around 14-16 lakh.
21% of Indian start-ups were primarily focusing on global markets.
The ecosystem has become a launch pad for a larger number of start-ups.
10-10-2020Dr. G.D Pawan Kumar 6
(Source: NASSCOM- Zinnov Report,2019)
7. The Start-up Ecosystem
(As of 2019)
1300 Start-ups were established in India
Total Unicorns grew to 24. (7 Unicorns in 2019)
Direct employment created crossed 60,000.
Total funding received is over $4.4bn.
Active institutional investors - 390 in numbers.
Active incubators and accelerators amounted to 335 numbers.
Number of industrial verticals with active start-ups-20+
10-10-2020Dr. G.D Pawan Kumar 7
(Source: NASSCOM- Zinnov Report,2019)
9. Government of India Initiatives
• Make-in-India : to attract foreign investments in the manufacturing sector.
• Increased the foreign direct investment (FDI) limits and strengthened
intellectual property rights (IPRs).
• Start-up India : to build a strong eco-system for nurturing innovation and
Start-ups.
• Stand-up India : promoting entrepreneurship among women and SC/STs.
10-10-2020Dr. G.D Pawan Kumar 9
10. GoI Initiatives(Continued)
• Digital India : to ensure government services are made available to every
citizen through online platform.
• Atmanirbhar Bharat Abhiyan : to make India "a bigger and more
important part of the global economy", pursuing policies that are
efficient, competitive and resilient, and being self-sustaining and self-
generating.
• The five pillars of ‘Atmanirbhar Bharat: economy, infrastructure,
technology-driven systems, vibrant demography and demand.
10-10-2020Dr. G.D Pawan Kumar 10
11. Issues and Challenges of
Entrepreneurs
• Financial Resources.
• Revenue Generation.
• Team Members.
• Supporting Infrastructure.
• Creating Awareness in Markets.
• Exceed Customer Expectation.
10-10-2020Dr. G.D Pawan Kumar 11
12. Issues and Challenges of
Entrepreneurs (Continued)
• Tenacity of Founders.
• Cumbersome regulations.
• Growth Decelerators.
• Lack of Mentorship.
• Lack of a Good Branding Strategy.
• Replicating Silicon Valley.
10-10-2020Dr. G.D Pawan Kumar 12
13. Opportunities for Entrepreneurs
• With benefits and convenience of new products, viability of start-ups is
not difficult.
• Demand and consumption of goods and services would drive innovation
and creation (Mittal, 2014).
• With right product, success could be high with opportunities for exports.
• With 130Cr population , high demographic dividend and 1.5 Cr joining
the workforce annually would give fillip to Indian economy.
• High penetration of IT and internet.
10-10-2020Dr. G.D Pawan Kumar 13
14. Opportunities for Entrepreneurs
(Continued)
• Multicultural and multilingual regions need innovative solutions to health,
education, infrastructure, sanitation etc.
• Each problem provides a unique opportunity to create a business around it.
• India's tele-density brings in convenience and reach to consumer
segments(TRAI,2017).
• The reduction in data charges help start-ups disrupt traditional businesses.
• GoI’s digital push is going to improve connectivity.
10-10-2020Dr. G.D Pawan Kumar 14
15. Reasons for Euphoria
• The bottom-of-the pyramid space in India is a potential market.
• Change of mind set of experienced executives from being salaried class
to becoming risk takers.
• Huge investments of $14.5bn in start-ups and the success stories luring
other enterprising people.
• Venture capitalists and angel investors are aggressive and gung-ho on
Indian start-ups.
• Investments by business leaders is a strong reason for encouraging
individuals.
10-10-2020Dr. G.D Pawan Kumar 15
16. 10-10-2020Dr. G.D Pawan Kumar 16
Popular Start-ups
(Source: Adapted from “17 start-ups to Watch”, TOI, 2017)
S.No.
Area of Operation Name of the Start-up Firm
1
Online food delivery/Grocery SWIGGY, ZOMATO/BIGBASKET
2 Edutech BYJU's , UNACADEMY , UPGRAD , VEDANTU
3 Fancy OnlineGames DREAM11,MPL,FANFIGHT,FAU-G
4 Hospitality/Travel OYO/MAKEMYTRIP
5 Online beauty products NYKAA
6 Taxi Aggregators OLA
7
Online Furniture URBAN LADDER,PEPPERFRY
8 Insurance POLICYBAZAR,ACKO
9
Online fish, meat delivery FRESHTOHOME,LICIOUS
10
Big data analytics for trade PEELWORKS
11
Online pharmacy/Healthy Lifestyle PHARMEASY, NETMEDS, MEDLIFE/CURE.FIT
12
Platform to get local businesses online MEESHO,PAYTM MALL, DUNZO
13
Logistics management software FAREYE,CITTA,NISSI,TRIMBLE,ZEDEX
14
Lifestyle tracking platform HEALTHIFYME ,PEERBITS ,GOQii
15
Payments solutions for credit/debit cards PINELABS,CASHFREE,RAZORPAY
16
AI-driven solutions for retailers STAQU, iLENZE, WAZZAT
17
Packaged ready-to-cook idli /dosa batter IDFOODS,RISHTA
18. Start-up Opportunities
- Low-end Ventures
Affordable snacks and
tiffin's
Traditional
health drinks
Franchising of
businesses
Waste management in
Tier -2 &3 cities
Media support
services
Food
Processing
Washing and ironing Solar energy products
(Lamps..)
Support for retail
businesses
Supply of drinking
water in small packets
Training for
employment
Pharmacy&
essential supplies
Diagnostic Centers IT and ITES Local food delivery
10-10-2020Dr. G.D Pawan Kumar 18
(Source: Author’s Perspectives)
20. Reasons for Failure of New Ventures
Based on analysis of 101 firms ,the reasons for failure are listed below:
• 42% failed as the product had no market.
• 29% firms ran out of cash.
• 23% did not have the right team.
• 18% closed due to pricing issues.
• 17% firms had poor product.
• 14% failed due to poor marketing and
• 8% had no investor interest (Griffith,2014).
10-10-2020Dr. G.D Pawan Kumar 20
21. Conclusions
• The current economic scenario in India is on expansion mode.
• The Indian government has put a number of liberal policies and schemes
in place.
• Contributions of start-ups will have cascading effect on economy and
employment generation.
• Initiatives like ‘Make in India’, ‘Start-up India’, ‘Atmanirbhar Bharat’ etc.
will encourage entrepreneurs to join the band wagon.
10-10-2020Dr. G.D Pawan Kumar 21
22. Conclusions(Continued)
• Entrepreneurs should avoid the pitfalls which could kill an enterprise.
• Being a country with large population, opportunities available are many for
start-ups.
• Start-up ecosystem could arrest brain drain improving availability of local
talent for Indian companies.
• Some of the start-ups may become unicorns.
• Public/private institutions cannot provide employment to every student
coming out of college, as such, entrepreneurship is a viable alternative for
Indian youth.
10-10-2020Dr. G.D Pawan Kumar 22
23. Thank You
Dr. Gopaldas Pawan Kumar
@ gdpawan@gmail.com
https://www.researchgate.net/profile/Dr_Gopaldas_Kumar/research
10-10-2020Dr. G.D Pawan Kumar 23