India ranks in top 5 when it comes to countries with highest number of startups. We have seen many startups making news and then dying slowly or rapidly.
Housing.com is one of them. Startup culture is here to stay or the drama will get over soon!!!
Why do startups fail?
Why companies invest so much into startups, I mean VC funds keep investing?
Which Indian startups will survive and which will die?
Posted 1 year, 11 months ago by Rahul Rai
Its a good trend and its really good for economy to encourage people for starting up something on their own. What I found is that most of the startups are internet based or may be they are more visible because they are on internet.
We need more and more startups which are not technical in operations.
The issue with Indian startups is that either they are copy of some startup founded in USA, Europe or Israel or are purely outsourcing service provider.
These copy cat startups are dying and will keep doing so.
Startups with original idea or great execution strategy will survive.
VC funds invest in startups hoping that one of startup will become next Google, Facebook or Tesla.
I think one Flipkart or Snapdeal will die, Flipkart is most likely. Flipkart shares common investors with Amazon. Unless Indian government does something like Chinese counterpart, Flipkart will be compromised for Amazon by this investor.
Indian Startups have seen reduction in fresh equity rounds, which is worrying but good for mind crunching.
Posted 1 year, 11 months ago by CA Pulkit Sharma
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