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ð ** Exploring India's Startup Ecosystem: Challenges and Opportunities ** ð As the Indian startup ecosystem continues to evolve, it is encouraging to see many new ideas coming into play. But our journey is not without obstacles. Here are some of the key issues faced by most startups in India: ð **Funding**: Access to adequate funds remains a major challenge. Early-stage startups especially have difficulty attracting risk-averse investors. ð ** Marketing **: Understanding the differences in customer preferences and managing distribution in this large country is no easy task. Poor internet connection and inadequate transportation can cause serious problems for business. Stiff competition from big companies that provide benefits and job security. Scalability**: Scaling from a small business to a large enterprise requires strategic planning and resources but is often limited by financial constraints. Competition, especially in technology-driven industries. It is important to solve these
Let's connect to wor... • 1y
Part 1 Indian startups often face several common challenges, which can hinder their growth and success: 1. **Funding Issues**: Many startups struggle to secure adequate funding, particularly in their early stages. Investors can be risk-averse, and
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Mumbai-based Thrive has announced the closure of its consumer app amid stiff competition from giants like Zomato and Swiggy. Thrive's co-founder, Krishi Fagwani, shared that the company will now focus on transitioning its other segments, like Thriv
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Starting a business that focuses on employment generation and solving household-related tasks (ghar ka chuta muta kam) can be a very impactful idea, especially in markets where people need help with day-to-day chores and a large population is looking
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Hey guys!!! I am working on developing a Medical Edtech app for Medical students. Most of the students aren't interested in reading textbooks. My idea is to provide adequate information about various topics - available in textbooks briefly as much as
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