Startup Ecosystem and its Challenges

India ranks globally 3rd in Start-Up ecosystem and also in terms of number of Unicorns. As per the latest data, there are currently 105 unicorns, out of which 44 were born in 2021 and 19 in 2022.

Challenges before the Startup Sector in India

• Lack of funds and credit
• Much regulatory compliance and burden
• Protection of intellectual property
• Tax incentives and exception
• Access to market
• Entry and exit of startup

Government Initiatives

Government introduced Startup India Action Plan to create a vibrant startup ecosystem in the country. Under the plan following schemes are introduced:

• Fund of Funds for Startups (FFS) Scheme: ....