News Post

ET Startup Awards 2024 | Warm-up decade is done, clock is now ticking for the real game

Economic Times · 15d

- Indian startups are now attracting traditional investors who delve deep into operational metrics and ask detailed questions about the business. - Fiscal discipline is important for startups to ensure careful expense management and sustainable growth. - Issues of corporate governance have become a key concern for new generation companies, and everyone has a part to play in addressing them. - The Indian startup ecosystem has experienced explosive growth, with over 100,000 startups emerging in the country in the last decade. - Startups are spawning more startups, with executives from successful companies leaving to start their own ventures. - Founders are focusing on not just tangibles like growth and valuation, but also intangibles like human capital to grow and expand internationally. - Building the right product for the market and finding efficient means of servicing customers is crucial for startup success. - Indian founders are looking to tap global markets and build solutions for the entire world. - The ecosystem needs to have more faith in itself and create impactful companies that can compete with global brands. - Setting targets for the next decade includes creating companies of the scale of Uber or Airbnb and attracting more investment from large global funds.