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Why are Indian Startups Failing Miserably? : Business lessons from Indian start up Crash EXPLAINED
In the past 2 years, the Indian start up ecosystem has seen an extraordinary rising in funding!! and all kinds of start up including edtech, Fin tech, Medtech all of them have received millions of dollars in funding!! and in just 1 year of 2021 alone, the Indian start up ecosystem saw $41.4 billion dollars in funding and the rise of 42 new unicorns! But as soon as 2022 started, suddenly, there is bad news from all directions, the losses of these companies have been piling up, mass lay offs have started with over 9,000 employees being laid off from reputed companies like Vedantu, Cars24 and Ola. Fundings have slowead down and even highly funded companies are going out of business! So the question is Is the Gold rush of Indian start ups about to end? How will this crazy start up crash affect the business eco-system of India? And most importantly, what are the lessons that we need learn from the start up bubble of India?