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STARTUPS IN INDIA

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Sundar B N
Sundar B N

The document provides an overview of startups in India, including key facts and figures as well as challenges. It discusses the three pillars of the National Flagship Initiative called Startup India, launched in 2015 by Prime Minister Narendra Modi, to promote entrepreneurship. These pillars include simplification, handholding, and funding support. It defines what qualifies as a startup and reasons for promoting startups, including generating employment and encouraging innovation. Some top Indian startups highlighted include Ola, Paytm, Oyo Rooms, and Zomato. Common challenges faced by startups are also listed, such as lack of innovation, funding, mentorship, and human resource issues.

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STARTUPS INDIA
CONTENT: • Introduction • Definition of startup & why Startup • Startups Eco system • Facts & Figures : Startups India • Challenges faces by Indian startups • Startup finance : Biggest question facing new startups
INTRODUCTION : In August 2015, the Hon’ble Prime Minister, Shri Narendra Modi, announced the launch of the National Flagship Initiative – Startup India, with a mandate to promote and encourage young entrepreneurs of our country. The action plan of this initiative, is based on the following three pillars: He envisioned the aim of the initiative to transform India into a Startup nation, “a country of Job creators instead of job seekers”. Simplification And Handholding Funding support And incentives Industry - Academia Partnership
LAUNCHING :- Prime minister Narendra Modi with Finance Minister Arun Jaitley and Commerce and Industry Minister Nirmala Sitharaman Launching the “Startup India” action plan at Vigyan Bhawan in New Delhi on Saturday (16 Jan 2016 ).
WHAT IS STARTUP ? • Registered or incorporated not prior to period of seven years • Incorporated as either a Pvt . Ltd . Company or a registered Partnership Firm or a LLP • With an annual turnover not exceeding Rs. 25 crore for any of the financial years since incorporation • Entity should not have been formed by splitting reconstruction a business already in existence • Working towards innovation, development or improvement of products or processes or services • Or if it is a scalable business model with a high potential of generation or wealth creation
WHY STARTUPS INDIA ? • To Boost up / promote startup / Enterpreneurship • Core objective is to generate maximum employment • Encourage the people who have the potential to innovate and start their own business • To boost up Banking & Finance sector • Be a job creator (Then why remain a job seeker? Become a job provider)
STARTUPS ECO SYSTEM
FACTS AND FIGURES : STARTUP INDIA
STARTUPS IN INDIA
STARTUPS IN INDIA
STARTUPS IN INDIA
CHALLENGES FACED BY STARTUPS :- • A recent study, “Entrepreneurial India” by the IBM Institute found that 90% of Indian startups fail within the first five years. And the most common reason for failure is lack of innovation-77% of venture capitalists surveyed believe that India startups lack new technologies or unique business models • Planning : As the saying goes, “if you fail to prepare , prepare to fail.” So don’t leave the details to later. • Execution: • Funding: • Lack of mentorship: • Human Resources & Poor ethics :
BIGGEST QUESTION FACING STARTUPS…..?
HERE ARE THE WAYS FOR FUNDING TO A STARTUP. • Bootstrapping • Crowd funding • Angel Investors • Venture capital • Funding from business incubators & Accelerators • Govt programs that offer statup capital • Raise money through bank loans
STARTUPS That are changing the face of virtual Reality in India
BHAVISH AGGARWAL . OLA • Co-fonded in 2010 by tech graduate Bhavish Aggarwal, Ola Cabs is the biggest online taxi and car aggregator in India today, strongly rivalling uber. • The transportation startup was founded in Mumbai and raised angel funds from snapdeal co-fonder Kunal Bahl and Shaadi.com fonder Anupam Mittal. • OLA valued at over US$5 billion now. Ola has about 250,000 cabs and auto rickshaws in its app, operational in about 85 Indian cities.
VIJAY SHEKHAR SHARMA PAYTEM • Born in a small town neawr Delhi, Vijay Shekhar Sharma was the first amongst his immediate family to graduate from a tech school and then travel overseas for a job. • Vijay launched One97 as a telecoms software company in the early 2000s and later pivoted it to Paytem, an online marketplace in 2009. • Paytem is now widley used for payments and mobile credit top-ups. • The company last year rsised about US$700 million in capital from Ant Financial.
RITESH AGARWAL . OYO ROOMS • Ritesh Agarwal, CEO of Oyo Rooms, a budget rooms aggregator portal. • Ironically, Ritesh was thrown out of rented place in new Delhi, When he couldn’t pay the rent. He slept the night in the stairway. • Ritesh had come to Delhi to study in college. But after just three days he realized that formal education is not something he wants to waste his time on. He dropped out and started a bed-and-breakfast chain called Oravel Stays, which later pivoted to become Oyo Rooms. • When his parents got to know their son had dropped out, they became angry. “My Mother said who will give a daughter to my son for marriage now,” says Ritesh. • At 21 years of age, Ritesh Aggarwal is India's youngest millionaire entrepreneur, having created budget hotel startup Oyo Rooms .
DEEPINDER GOYAL, ZOMATO • Deepinder Goyal, cofounder and CEO of Zomato , an online restaurant discovery application
STARTUPS IN INDIA
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STARTUPS IN INDIA

  • 2. CONTENT: • Introduction • Definition of startup & why Startup • Startups Eco system • Facts & Figures : Startups India • Challenges faces by Indian startups • Startup finance : Biggest question facing new startups
  • 3. INTRODUCTION : In August 2015, the Hon’ble Prime Minister, Shri Narendra Modi, announced the launch of the National Flagship Initiative – Startup India, with a mandate to promote and encourage young entrepreneurs of our country. The action plan of this initiative, is based on the following three pillars: He envisioned the aim of the initiative to transform India into a Startup nation, “a country of Job creators instead of job seekers”. Simplification And Handholding Funding support And incentives Industry - Academia Partnership
  • 4. LAUNCHING :- Prime minister Narendra Modi with Finance Minister Arun Jaitley and Commerce and Industry Minister Nirmala Sitharaman Launching the “Startup India” action plan at Vigyan Bhawan in New Delhi on Saturday (16 Jan 2016 ).
  • 5. WHAT IS STARTUP ? • Registered or incorporated not prior to period of seven years • Incorporated as either a Pvt . Ltd . Company or a registered Partnership Firm or a LLP • With an annual turnover not exceeding Rs. 25 crore for any of the financial years since incorporation • Entity should not have been formed by splitting reconstruction a business already in existence • Working towards innovation, development or improvement of products or processes or services • Or if it is a scalable business model with a high potential of generation or wealth creation
  • 6. WHY STARTUPS INDIA ? • To Boost up / promote startup / Enterpreneurship • Core objective is to generate maximum employment • Encourage the people who have the potential to innovate and start their own business • To boost up Banking & Finance sector • Be a job creator (Then why remain a job seeker? Become a job provider)
  • 8. FACTS AND FIGURES : STARTUP INDIA
  • 12. CHALLENGES FACED BY STARTUPS :- • A recent study, “Entrepreneurial India” by the IBM Institute found that 90% of Indian startups fail within the first five years. And the most common reason for failure is lack of innovation-77% of venture capitalists surveyed believe that India startups lack new technologies or unique business models • Planning : As the saying goes, “if you fail to prepare , prepare to fail.” So don’t leave the details to later. • Execution: • Funding: • Lack of mentorship: • Human Resources & Poor ethics :
  • 13. BIGGEST QUESTION FACING STARTUPS…..?
  • 14. HERE ARE THE WAYS FOR FUNDING TO A STARTUP. • Bootstrapping • Crowd funding • Angel Investors • Venture capital • Funding from business incubators & Accelerators • Govt programs that offer statup capital • Raise money through bank loans
  • 15. STARTUPS That are changing the face of virtual Reality in India
  • 16. BHAVISH AGGARWAL . OLA • Co-fonded in 2010 by tech graduate Bhavish Aggarwal, Ola Cabs is the biggest online taxi and car aggregator in India today, strongly rivalling uber. • The transportation startup was founded in Mumbai and raised angel funds from snapdeal co-fonder Kunal Bahl and Shaadi.com fonder Anupam Mittal. • OLA valued at over US$5 billion now. Ola has about 250,000 cabs and auto rickshaws in its app, operational in about 85 Indian cities.
  • 17. VIJAY SHEKHAR SHARMA PAYTEM • Born in a small town neawr Delhi, Vijay Shekhar Sharma was the first amongst his immediate family to graduate from a tech school and then travel overseas for a job. • Vijay launched One97 as a telecoms software company in the early 2000s and later pivoted it to Paytem, an online marketplace in 2009. • Paytem is now widley used for payments and mobile credit top-ups. • The company last year rsised about US$700 million in capital from Ant Financial.
  • 18. RITESH AGARWAL . OYO ROOMS • Ritesh Agarwal, CEO of Oyo Rooms, a budget rooms aggregator portal. • Ironically, Ritesh was thrown out of rented place in new Delhi, When he couldn’t pay the rent. He slept the night in the stairway. • Ritesh had come to Delhi to study in college. But after just three days he realized that formal education is not something he wants to waste his time on. He dropped out and started a bed-and-breakfast chain called Oravel Stays, which later pivoted to become Oyo Rooms. • When his parents got to know their son had dropped out, they became angry. “My Mother said who will give a daughter to my son for marriage now,” says Ritesh. • At 21 years of age, Ritesh Aggarwal is India's youngest millionaire entrepreneur, having created budget hotel startup Oyo Rooms .
  • 19. DEEPINDER GOYAL, ZOMATO • Deepinder Goyal, cofounder and CEO of Zomato , an online restaurant discovery application