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@article{184227,
        author = {Aryana Barai and Bhavna Pandya},
        title = {Challenges Faced by Early-Stage Start-Ups in the Indian Ecosystem and Their Survival Rates},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {4},
        pages = {1023-1034},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=184227},
        abstract = {In recent years, the number of start-ups globally has exponentially risen due to the increased support the start-up ecosystem is receiving. Start-ups in India account for 10-15% of the country’s GDP and are vital to increased employment, innovation, and India’s economic growth. In the words of prime minister Narendra Modi, “India has entered a golden era of start-ups,” yet only 10-15% of early-stage start-ups survive, due to lack of funding, consistent government support and concrete policies. The purpose of this paper is to analyse and address three main goals; the current state of the Indian ecosystem, the sources of support for start-ups in the Indian ecosystem and lastly, the challenges that early-stage start-ups face and confront to succeed in the Indian ecosystem. This analysis is based on a collation of primary data through google forms questionnaires and interviews with Indian start-up founders as well as academia. Additionally, this paper is strengthened by the usage of secondary data derived from a literature reading’s analysis.},
        keywords = {Start-ups, Early-Stage Start-up Challenges, Indian Ecosystem, Early-Stage Start-ups, Golden Era},
        month = {September},
        }