India is becoming a major global startup hub very quickly. An increasing number of entrepreneurs, and multinationals are gathering the growing technology scene. In fact, the number of start-ups in India is expected to increase almost four times from 3100 in 2014 to more than 11,500 by 2020.
In the US, startups can provide funding based on a strong concept, often without revenue or a business model. Companies can demonstrate their value offer and test products before they are launched.
In India, however, access to capital is limited. This is causing start-ups to focus on monetization, income and lean operations from the outset. Founders are usually funded only after they have a working product and a proven income business model. In other words, Indian investors will only give you money if you have already shown that you can earn money for them. But which one is the mature startup market?
In this video, our expert Thiyagarajan Maruthavanan is discussing about which one between India and US is the mature startup market.
Thiyagarajan Maruthavanan is partner in Upekkha. Along with this experience, high-performance teams have come
together to build world-class products to attack new markets. He has also helped more than 100 founders build their v1 and v2 products and helped a handful in their mergers and acquisitions.
Startup 101 is a series of videos about various ups and downs in the mature startup market and frequently asked questions. These FAQs are answered by Founders, CEOs, Mentors and those who are part of Indian Startup Ecosystem. We have handpicked not just few but hundreds of questions just for you. A definitive startup manual might be non-existent so therefore we have the FAQs covered.