Many Indian startups that received funding and hype failed and shut down due to a lack of innovation, weak business models, premature expansion, poor market understanding, lack of talent, inability to pivot, and absence of scalable ideas. Common reasons for failure included copying other companies instead of unique ideas, expanding before proving market fit, and not adapting to changing business conditions. Overly ambitious scaling and lack of follow-on funding after the initial rounds also contributed to the high failure rate of 90% of Indian startups.
Many Indian startups that received funding and hype failed and shut down due to a lack of innovation, weak business models, premature expansion, poor market understanding, lack of talent, inability to pivot, and absence of scalable ideas. Common reasons for failure included copying other companies instead of unique ideas, expanding before proving market fit, and not adapting to changing business conditions. Overly ambitious scaling and lack of follow-on funding after the initial rounds also contributed to the high failure rate of 90% of Indian startups.
Many Indian startups that received funding and hype failed and shut down due to a lack of innovation, weak business models, premature expansion, poor market understanding, lack of talent, inability to pivot, and absence of scalable ideas. Common reasons for failure included copying other companies instead of unique ideas, expanding before proving market fit, and not adapting to changing business conditions. Overly ambitious scaling and lack of follow-on funding after the initial rounds also contributed to the high failure rate of 90% of Indian startups.
Many Indian startups that received funding and hype failed and shut down due to a lack of innovation, weak business models, premature expansion, poor market understanding, lack of talent, inability to pivot, and absence of scalable ideas. Common reasons for failure included copying other companies instead of unique ideas, expanding before proving market fit, and not adapting to changing business conditions. Overly ambitious scaling and lack of follow-on funding after the initial rounds also contributed to the high failure rate of 90% of Indian startups.
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1. Why 90% of Indian Startups Failed?
Several of the startups had novel ideas, some were
receiving big investments and hyped as high-potential startups, some were backed by the who’s who of the corporate world, yet they failed and were forced to shut down. Some of the reasons are: 1. Lack of innovation and uniqueness 2. Copycat and/or Weak Business and Revenue Models 3. Pre-mature expansion/ scaling up 4. Lack of market understanding 5. Lack of talent and competency 6. Lack of funding and/or follow-on funding 7. Unable to Pivot in accordance to Dynamic Business and Market Environment The absence of scalable ideas, competition and policy logjam that makes 9 out of 10 Indian startups sink. The lack of originality is evident.
Knowing The Business in Depth Developing A Solid Business Plan Managing Financial Resources Understanding Financial Statements Learning To Manage People Effectively, Etc