THE INDIAN STARTUP ECOSYSTEM FOR SUSTAINABLE ‘BHARAT’: A CRITICAL REVIEW

Abstract

The term start-up eco-systems can be elucidated as the huge networks of the resources/assets that are meant to bring in revolution in the entrepreneurial activities by promoting birth of new businesses. The startup ecosystems provide support to the new businesses in sustaining growth by providing them with access to the technical specifications, paperwork, mentorship, investment options, aligning with different agencies of repute and detailing all pros and cons of raising a business while following norms, laws and conditions of community, society, and government.

This study aims to check with the prevalence of startup ecosystems in India and their possible impacts on the growing startups in year 2023. The study is purely based on secondary data primarily collected from eminent reports, journals, and websites. The available literature related to the study revealed that India – being the second largest populous country in the world has seen a significant development in the area of startups, support from government, educational institutions and communities. Many factors were uncovered that leads to the success and failure of startups in India.

Keywords: Startups, Ecosystems, Citations, Bibliography, Entrepreneurship.