Unraveling the Collapse: A Study of Failed Startups in India

Author(s)	Tulika Mattack, Satyadeo Prasad Sah
Country	India
Abstract	The Indian startup ecosystem has experienced remarkable growth in a relatively short period, driven by a combination of factors such as government initiatives, improved access to capital, demographic strengths, and rapid technological advancements. Despite ongoing challenges, the resilience and creativity of Indian entrepreneurs continue to foster innovation and inspire optimism for the future. Startup failures in India highlight the importance of adopting a comprehensive approach that includes sound business planning, strategic resource management, and a resilient entrepreneurial mindset. With the right mix of policies, infrastructure, and investment, India is well-positioned to become a global hub of innovation, generating employment, boosting economic growth, and addressing some of the world’s most pressing issues through entrepreneurship. This paper examines the key factors contributing to the recent struggles of startups in India, focusing on 12 companies.
Keywords	startups, entrepreneurship, failure
Published In	Volume 6, Issue 5, September-October 2024
Published On	2024-09-28
Cite This	Unraveling the Collapse: A Study of Failed Startups in India - Tulika Mattack, Satyadeo Prasad Sah - IJFMR Volume 6, Issue 5, September-October 2024. DOI 10.36948/ijfmr.2024.v06i05.28093
DOI	https://doi.org/10.36948/ijfmr.2024.v06i05.28093
Short DOI	https://doi.org/g59zr7

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