The document discusses Indian start-ups, including their definition, ecosystem, opportunities and challenges. It notes that the number of start-ups in India has grown significantly in recent years, with over 9,000 start-ups as of 2019 representing a variety of sectors such as healthcare, finance, education and retail. While securing funding and building a strong team are ongoing challenges for entrepreneurs, opportunities exist in developing solutions for India's large population across areas like agriculture, manufacturing and software. Government initiatives like Startup India and Digital India also aim to support the growth of the startup industry.
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 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).
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 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).
Start-up is a basic thing that a person trying to do something original. Technopreneurs are the genes of technology based entrepreneurs, but they are not only bearing the risk in business and also crossing the danger zone in innovative and initiative a new kind of product and service to the society. In recent years, India concentrates on the development of start-up environment and deserves that, this is the best season to promote the techno start-up for the massive pillar in the upcoming trends. Since 2010, entire developed nations were focusing on the roar of technopreneurs of our nation. In the present situation, government of India highly offering outstanding opportunities to its extent and this may set the new milestone for the next phase of the start-up environment. This paper deals with the development of technopreneurship in India and contribution to the start-up technopreneurs, new schemes and well equipped technology parks will be implemented for the welfare of the new start-up and commencing new technical education centres with mentors and advisers.
Emerging trends in new start up technopreneursRAVICHANDIRANG
The banking system occupies an important place in a nation’s economy. A banking institution
is indispensable in a modern society. It plays a pivotal role in the economic development of a
country and forms the core of the money market in an advance country. With the effects of the
globalisation, banking sectors become highly competitive and technology based with
multidimensional products to the customers and public. Commercial banks particularly public
sectors banks are extremely responsible to the provide financial support to industrial sectors not
only for generate revenue but also for the development of industries in a particular region which
the banks is located. MSME needs liberal financial assistance from commercial banks to establish
and extent their business operation to meet the global competition.RBI has formulated several
policies regarding financing to priority sectors particularly in small industries in the country.
Naga Sridhar(2008), in his article “Steady Growth in Public Sector Banks” SME lending money
says that the small and medium enterprises (SMEs) are departing from their traditional strong
hold sectors and are venturing into new areas if the trends in SME lending by some banks in 2007
are any indication to go by. There has been greater interest float SMEs in relatively newer sectors
such as hospitality, hospitals and travel agencies in addition to the popular areas such as textiles,
fertilizers, gems and jewellery, according to bankers.
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Indian economy is moving from developing to fastest developing economy. Start ups in India are the new contributing factor in the growth of development. India is a developing south Asian country. It is a most populous and 7th largest country by area. Large population implies a large prospective market in India and puts more pressure for employment in the country. In the present decade, India is undertaking an essential shift towards start up welcoming policies and a business friendly environment. India is a populated country having increasing demand which is putting a competitive environment forcing to create innovative systems. One of these systems is a start up ecosystem. This paper is aimed at about the growth and prospects of start up systems in India. Dr. Krupa Mehta "A Study on Impact of Startup Ecosystem on Student Innovations" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49266.pdf Paper URL: https://www.ijtsrd.com/management/innovation-and-product-dev/49266/a-study-on-impact-of-startup-ecosystem-on-student-innovations/dr-krupa-mehta
To build a strong ecosystem for promoting innovation and start-ups in the country. Further, such a drive would encourage sustainable economic growth and create large-scale employment opportunities.
Start-up is a basic thing that a person trying to do something original. Technopreneurs are the genes of technology based entrepreneurs, but they are not only bearing the risk in business and also crossing the danger zone in innovative and initiative a new kind of product and service to the society. In recent years, India concentrates on the development of start-up environment and deserves that, this is the best season to promote the techno start-up for the massive pillar in the upcoming trends. Since 2010, entire developed nations were focusing on the roar of technopreneurs of our nation. In the present situation, government of India highly offering outstanding opportunities to its extent and this may set the new milestone for the next phase of the start-up environment. This paper deals with the development of technopreneurship in India and contribution to the start-up technopreneurs, new schemes and well equipped technology parks will be implemented for the welfare of the new start-up and commencing new technical education centres with mentors and advisers.
Emerging trends in new start up technopreneursRAVICHANDIRANG
The banking system occupies an important place in a nation’s economy. A banking institution
is indispensable in a modern society. It plays a pivotal role in the economic development of a
country and forms the core of the money market in an advance country. With the effects of the
globalisation, banking sectors become highly competitive and technology based with
multidimensional products to the customers and public. Commercial banks particularly public
sectors banks are extremely responsible to the provide financial support to industrial sectors not
only for generate revenue but also for the development of industries in a particular region which
the banks is located. MSME needs liberal financial assistance from commercial banks to establish
and extent their business operation to meet the global competition.RBI has formulated several
policies regarding financing to priority sectors particularly in small industries in the country.
Naga Sridhar(2008), in his article “Steady Growth in Public Sector Banks” SME lending money
says that the small and medium enterprises (SMEs) are departing from their traditional strong
hold sectors and are venturing into new areas if the trends in SME lending by some banks in 2007
are any indication to go by. There has been greater interest float SMEs in relatively newer sectors
such as hospitality, hospitals and travel agencies in addition to the popular areas such as textiles,
fertilizers, gems and jewellery, according to bankers.
Entrepreneurship in India and challengesArmaan Anand
Entrepreneurship in india context to global. challenges faced by Indian entrepreneur, major hindrance for an Indian entrepreneur, position of Indian entrepreneur, entrepreneur, entrepreneurship, why entrepreneurship in India, is India the spot for entrepreneur & entrepreneurship. future for Indian entrepreneurship & entrepreneur.
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.
A Study on Impact of Startup Ecosystem on Student Innovationsijtsrd
Indian economy is moving from developing to fastest developing economy. Start ups in India are the new contributing factor in the growth of development. India is a developing south Asian country. It is a most populous and 7th largest country by area. Large population implies a large prospective market in India and puts more pressure for employment in the country. In the present decade, India is undertaking an essential shift towards start up welcoming policies and a business friendly environment. India is a populated country having increasing demand which is putting a competitive environment forcing to create innovative systems. One of these systems is a start up ecosystem. This paper is aimed at about the growth and prospects of start up systems in India. Dr. Krupa Mehta "A Study on Impact of Startup Ecosystem on Student Innovations" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49266.pdf Paper URL: https://www.ijtsrd.com/management/innovation-and-product-dev/49266/a-study-on-impact-of-startup-ecosystem-on-student-innovations/dr-krupa-mehta
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STARTUP-PPT.pptx
1. Indian Start-ups
-Issues , Challenges and Opportunities
(Road map for starting a successful venture)
Dr
. Saravanan.M.S, M.Tech, PhD.
Innovation Ambassador, IIC of Saveetha Institute
of Medical and Technical Sciences, Professor,
Institute of CSE, SSE, SIMATS.
saravananms@saveetha.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
the
the
and
with value by devoting the necessary time and effort, assuming
accompanying financial, psychic and social risks and receiving
resulting rewards of monetary
Hisrich and
and personal satisfaction
,1998)
independence” (Robert D. Michael P
. Peters
Dr.Saravanan.M.S 8-Jan-24 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 IT
eS segment working towards
innovation and development of products or services.
3
Dr.Saravanan.M.S 8-Jan-24
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 10 years old.
iii) Has never crossed an annual turnover of Rs50Crs 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.
4
Dr.Saravanan.M.S 8-Jan-24
5. Attributes of Start-up Venture
Grant Thornton (2016) define start-up business as an organization which is
a)
b)
c)
d)
e)
f)
g)
Incorporated for three years or less.
Is at a funding stage of Series B or less.
Is an entrepreneurial venture/a partnership.
Development, production or distribution of new
Has a revenue of up to INR 50 Cr
.
Is not formed through splitting or restructuring.
Employs 50 people or less.
products or processes.
5
Dr.Saravanan.M.S 8-Jan-24
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.
(Source: NASSCOM- Zinnov Report,2019)
6
Dr.Saravanan.M.S 8-Jan-24
7. The Start-up Ecosystem
(As of 2019)
1300 Start-ups were established in India
T
otal Unicorns grew to 24. (7 Unicorns in 2019)
Direct employment created crossed 60,000.
T
otal funding received is over $4.4bn.
Active institutional investors - 390 in numbers.
Active incubators and accelerators amounted to 335 Nos.
Number of industrial verticals with active start-ups-20+
(Source: NASSCOM- Zinnov Report,2019)
7
Dr.Saravanan.M.S 8-Jan-24
Note: Unicorn is the term
used in the venture
capital industry to
describe a startup
company with a value of
over $1 billion. The term
was first coined by
venture capitalist Aileen
Lee in 2013. Some
popular unicorns include
SpaceX, Robinhood, and
Instacart
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 :
Start-ups.
Stand-up India :
to build a strong eco-system for nurturing innovation and
• promoting entrepreneurship among women and SC/ST
s.
9
Dr.Saravanan.M.S 8-Jan-24
10. GoI Initiatives(Continued)
• Digital India : to ensure government services are made
citizen through online platform.
available to every
• 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
Dr.Saravanan.M.S 8-Jan-24
11. Issues and Challenges of
Entrepreneurs
•
•
•
•
•
•
Financial Resources.
Revenue Generation.
T
eam Members.
Supporting Infrastructure.
Creating Awareness in Markets.
Exceed Customer Expectation.
11
Dr.Saravanan.M.S 8-Jan-24
12. Issues and Challenges of
Entrepreneurs (Continued)
•
•
•
•
•
•
T
enacity of Founders.
Cumbersome regulations.
Growth Decelerators.
Lack of Mentorship.
Lack of a Good Branding Strategy
.
Replicating Silicon Valley
.
12
Dr.Saravanan.M.S 8-Jan-24
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
and creation (Mittal, 2014).
With right product, success could be high with opportunities for
With 130Cr population , high demographic dividend and 1.5
the workforce annually would give fillip to Indian economy
.
High penetration of IT and internet.
innovation
•
•
exports.
Cr joining
•
13
Dr.Saravanan.M.S 8-Jan-24
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
.
•
•
14
Dr.Saravanan.M.S 8-Jan-24
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
to becoming risk takers.
class
• Huge investments of $14.5bn in start-ups and the success stories luring
other enterprising people.
• Venture capitalists and angel investors
Indian start-ups.
are aggressive and gung-ho on
• Investments
individuals.
by business leaders is a strong reason for encouraging
15
Dr.Saravanan.M.S 8-Jan-24
16. Popular Start-ups
(Source: Adapted from “17 start-ups to Watch”, TOI, 2017) 16
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
Dr.Saravanan.M.S 8-Jan-24
18. Start-up Opportunities
- Low-end Ventures
(Source:Author’s Perspectives)
18
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
T
raining for
employment
Pharmacy&
essential supplies
Diagnostic Centers IT and ITES Local food delivery
Dr.Saravanan.M.S 8-Jan-24
20. Reasons for Failure of New Ventures
Based on analysis of 101 firms ,the reasons for failure are listed below:
•
•
•
•
•
•
•
42%
29%
23%
18%
17%
14%
failed as the product had no market.
firms ran out of cash.
did not have the right team.
closed due to pricing issues.
firms had poor product.
failed due to poor marketing and
8% had no investor interest (Griffith,2014).
20
Dr.Saravanan.M.S 8-Jan-24
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
employment generation.
and
• Initiatives like ‘Make in India’, ‘Start-up India’, ‘Atmanirbhar Bharat’ etc.
will encourage entrepreneurs to join the band wagon.
21
Dr.Saravanan.M.S 8-Jan-24
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
talent for Indian companies.
Some of the start-ups may become unicorns.
availability of local
•
• Public/private
coming out of
Indian youth.
institutions cannot provide employment to every student
college, as such, entrepreneurship is a viable alternative for
22
Dr.Saravanan.M.S 8-Jan-24