Zomato Goes Public, Paytm in the Queue. Yet, 90% Indian Startups Fail within 5 Years. Why?
The recent IPO of Zomato is just one case in the larger canvass of the Indian startups going public. Another Indian startup, Paytm, is eyeing the largest Indian IPO of Rs. 16,600 crore. However, India’s startup ecosystem is lagging behind in terms of the conversion rate of startups into unicorns. Here, we analyse the internal and external factors that play role in the survival of start-ups in India, the various government policies in place for providing them with a supportive environment, the reasons for the failure of Indian startups and required measures to ensure their viability in the long run.Read more