In recent years, India has seen a remarkable rise in the startup ecosystem, marking an exciting time for entrepreneurship in the country. This growth is driven by a young and vibrant population, increasing digital connectivity, and supportive government policies, allowing startups in various sectors to thrive naturally. However, it's important to consider the challenges as well. Let's explore the world of startups with Pavitra Pradip Walvekar, the leader of Kudos Finance and Investments Private Limited in Pune, and understand why some startups fail.
As of October 3rd, 2023, India has become the third-largest startup ecosystem globally, with an impressive 1,12,718 startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) across 763 districts nationwide.