Why Indian Startups Fail and How To Avoid It
India is now the third-largest startup ecosystem in the world, just after the USA and China. From technology to food delivery, Indian entrepreneurs are building companies in every industry. Every year, thousands of startups are launched. But sadly, many of them shut down within 2-5 years.
In fact, according to reports, around 90% of Indian startups fail within the first 5 years. This sounds scary. But why does this happen? What mistakes are being made? And more importantly, how can new startups avoid failure?