1MBA 1st Year, Mangalmay Institute of Management & Technology, Greater Noida
2MBA 1st Year, Mangalmay Institute of Management & Technology, Greater Noida
Online published on 15 February, 2019.
India is a developing country where the each person has a different type of quality and skills. Prime Minister Narendra Modi launched an ambitious program called Startup India (Standup India). It.s aim at revolutionising and accelerating the startup revolution in India. It is a mechanism or strategy that help to find those quality and skills in economics way. This is a strategy to create employment through the Entrepreneurship. Entrepreneurs who are keen to setting up factories are support in their endeavours and several companies which are today household names were beneficiaries of this ecosystem. To name a few Reliance, Biocon, Infosys etc are some of the big names. However, the DFIs support predominantly through loans and earned healthy returns when a company do well. This reseach aim to investigate biggest question facing startups “financing”. The research analysis included that making capital more accessible and cheaper, easier patent filing, giving research and development credits, and easier entry and exits are critical to the success of Startup India.
Startup India, Entrepreneur, Seed Funding, Incubators