Wednesday, June 6, 2012

Five major challenges faced by Indian startups

One keeps coming across conversations that focus on when would India provide or start producing the next Googles or Facebooks? After all, many Indians have played a key role in turning the Silicon Valley as the global innovation- hub. While nobody may have a conclusive answer to the question posed above but nevertheless many startups have recently emerged in India, especially in the field of internet commerce.

Despite frenetic activities (by the Indian standards) on the startup scene, it hasn’t been a smooth ride for the entrepreneurs. In this blog I will focus on major challenges being faced by startups in India. I have tried to incorporate views of some of my friends who did give entrepreneurship a try. While some of have them have returned to become private naukars again, others are still part of the former breed.