There are nearly 30,000 start-ups in India, supported by an ecosystem of availability of finance, talent, connectivity, and incubation facilities. How strong is the ecosystem? A report by TiE Delhi NCR and Zinnov answers this question.
How fast is India’s start-up universe expanding? At the national level, the start-up universe expanded at the fastest pace in 2015, after which the pace started receding (Chart 1). Only 800 new start-ups have risen in the first six months of 2019, while 2015 had seen nearly 7,000 start-ups come up.
What keeps the start-ups ecosystem lubricated? Funding. Over the years, start-ups are struggling