You are on page 1of 21

Importance of

Startup’s in
India .
By
C. Devasri -20PPH005
S. Karthika -20PPH010
DEPARTMENT OF PHYSICS
Contents:
• Introduction.
• Definition of Startup India.
• Why Startup India.
• Startups Eco system.
• Facts and Figures : Startup India
• Challenges faces by Indian Startups.
• Startup Finance: Biggest Question facing new
startups.
• Startups that are changing the face of virtual
reality in India.
• Conclusion.

2
Introduction:

• For the development of Startups in India ,Our honourable Prime minister has introduced a new Scheme
called STARTUP INDIA. It is a revolution scheme that has been started to help the people, who want to start
their own business.

• These people have ideas and capability so government will give them support to make sure they can
implement their idea and grow.

• The campaign was first announced by Prime minister Modi in his 15 August 2015 address from Red Fort.

• Success of this scheme will eventually make India, a better economy and a strong nation.

3
STARTUP INDIA DEFINITION

• Any legal entity will be • It is working towards


identified as a startup. innovation, Development,
• Registered or Deployment and
incorporated not prior to 5 commercialization of new
years. products . Processes or
services driven by
• If its turnover does not technology or intellectual
exceed 25 crores in the property .
last five financial years.

4
Why Startup India ?

• To Boost up/ promote startup/ Enterpreneurship.


• To boost up Banking Sector /Finance.
• To Limit State Policy Dependency For new Business.
• To promote ST/SC- Women Enterpreneurship
• Core objective is to generate maximum Employment.
• Encourage the people who have the potential in innovate and start their own Business

5
Keypoints of startup India scheme.

Tax exemption : for a Encourage


period of 3 consecutive Enterpreneurship
years and exemption within the country and
on gains & also Promote India
investments above across the world as a
FMV. Startup India

Self Certification: IPR Support:


Compliance under 9 Government to bear
environmental and facilitation cost & 50%
labour laws rebate on trademark
filling.

6
Support
organizations

Research
Big Companies
Organizations

Startup Ecosystem

Service
Universities
Problems

Funding
Organizations
Facts and Figures : Startup India.

8
Facts & Figures :Overview of Performance of States

9
Fact & Figures : Global Ranking of Indian Startups:

10
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 Indian 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.
 Lack of Innovation.

 Funding .

 lack of mentorship : You may have a great product or idea, but lack the necessary guidance, market experience, or
knowledge to take it to the next level. That’s where a mentor comes in, with the wisdom and confidence to help you clear
those roadblocks that are holding your startup back. According to Rhett Morris of Endeavor Insight 33% of tech firm
founders who are mentored by successful entrepreneurs went on to become top performers.
 Human Resources & Poor business ethics -“Since 2015, as many as 1,503 startups have closed down in India. And the major
reason is due to the replication of Western business models, and not lack of subsequent funding from the investors . The
highest number of failures were in logistics, e-commerce and food technology.

11
Fund raising Questions:
 How much Fund should I raise ?
 When should I raise money ?
 At what stage should I not ?
 What are the relevant sources of finance for me and how should I prioritize them ?
 How much equity should I give ?
 How should I give equity when I am unable to value my startup ?
 How should I reach out to investors ?
 What is right structure / instrument ?

12
Startups that are changing the face of
virtual reality in India.
13
1. Bhavish Aggarwal, Ola

 Co-founded 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-founder
Kunal Bahl and Shaadi.com founder
Anupam Mittal.
 O L A 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.

14
2. Vijay Shekhar Sharma, Paytm

 Born in a small town near 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
Paytm, an online marketplace in 2009.
 Paytm Is now widely used for payments and mobile credit
top-ups.
 The company last year raised
about US$700 million in capital from Ant
Financial, the affiliate e-payments division of Chinese
ecommerce powerhouse Alibaba.

15
3. 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
cou ldn ' 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 fonnal 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 h is 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 Ind ia 's youngest millionaire


entrepreneur, having created budget hotel startup OyoRooms.

16
4. Deepinder Goyal , Zomato
 Deepinder Goyal, cofounder and CEO of Zomato ,an online
restaurant discovery application.

 After collecting and pinning menus on his office soft board at


Bain & Co, Deepinder Goyal decided to give his hobby a digital
push by scanning the Menus on a website for everyone to see.
The site became popular. Deepinder and his colleague at Bain,
Pankaj Chaddah, decided to pursue it commercially .

 The website soon listed 1,200 restaurants in New Delhi - and


the team has not looked back since. It has expanded to over 22
countries.

 However, a typical Indian parents, Deepinder's parents advised


hi1n to shut it down and go back to a proper job. He did not
listen. The co1npany is now valued at close to US$1 billion.

17
5. Albinder Dhindsa, Grofers

 Albinder Dhindsa, co founder and CEO of


Grofers, an online grocer.
 A former early employee at Zomato,
Albinder Dhindsa started Grofers in
20 13 with co-founder Saurabh Kumar.
 Grofers is a hyperlocal shopping startup.
 Within two years, Grofers has expanded to
most major Indian cities.

18
Top Funded Startups in India of All Time! 24
Sr. No. Name of Startups Funding Market Valuation
Click icon to add picture
Flipkart
1 $7.3B in 18 Rounds 1,05,562 Crores

2 Ola $3.01B in 14 Rounds from 27 Investors 49,277 Crores

3 Snapdeal $1.78B in 13 Funding Rounds(Last fundraiser was on May 29, 2017) 45,757 Crores

4 Paytm $1.65B in 4 Funding Rounds(Last fundraiser was on May, 2017) 70395 Crores

5 ReNew Power $1.18B in 6 rounds(Last fundraiser was on Aug 18, 2017) -

6 Bigbasket $577.1M in 11 Rounds 10,560 Crores

7 OYO $450M in 8 Rounds 28,000 Crores

8 Quikr $430.2M in 10 Rounds 10,560 Crores

9 Zomato $243.8M in 9 Rounds from 5 Investors 10,560 Crores

10 Grofers $180.3M in 2 rounds 1500 Crores


19
CONCLUSION :
Startup India is as flagship initiative of the government of india , intended to build a strong eco-system for
nurturing innovation and startups in the country that will drive sustainable economic growth and generate
large scale employment opportunities .

In Order to meet the objectives of the initiatives , Government of India is announcing this action plan that
addresses all aspect of the Startup ecosystem

 This is a most effective campaign which will create more jobs opportunities to the Indian youth.

 This scheme will directly help people in their own successful entrepreneurship .

 It will help our country to show the talent of youths through their innovative business all across the world.

20

You might also like