CBR:ASSIGNMENT
Indian start-up ecosystem
Akash Pandey {PGP25038}
Abhrajyoti Mondal {PGP25025}
Akshat Yadav {PGP25040}
Amit Kumar Gupta {PGP25442}
Manjeet Yadav {PGP25204}
Nitik Singh Rajput {PGP25236}
-Gautam Agarwal Sir
Content:
Introduction
Definition of startup
Why Startup
Key points of startups India scheme
Some component of startup
Challenges faces by Indian startups
Startups that are changing the face of virtual reality in India
Top Funded Startups in India of All Time!
Conclusion
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:
Simplification Funding Support Industry-
And And academia
Handholding Incentives Partnership
He envisioned the aim of the initiative to transform indialinto a Startup nation. "a country of
job creators instead of job seekers "The Startup India initiative aims to fill gaps in the
economy for the growth and development of startups and also boost digital entrepreneurship
at the grassroots.
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 unusual turnover not exceeding Rs. 25crore for any of the financial years since
incorporation.
Entity should no I Have been formed by splitting up or reconstruction a business already
Working toward innovation , development .Or improvement of products or processes or
services,
scalable business model with a high potential of employment generation or wealth
Why Startups India ?
To Boost up / Promote startup / Entrepreneurship
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)
Some Basic Component:
Support
organizatio
n
Research
Big
Organizati
Companies
on
Startup Eco
-System
Services
Universities
provider
Funding
Organizati
on
STARTUPS :that are changing
the face of Virtual Reality in
India
[Link] 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 Snap deal
cofounder Kunal Bahl and [Link] founder 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.
[Link] Shekhar Sharma ,Paytm
Born in a small town near Delhi, Vijay Shekhar Sharma as the fist 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-uns.
The company last year raised about US$700 million in capital from Ant Financial, the
affiliate e-payments division of Chinese ecommerce powerhouse Alibaba
[Link] Agarwal, Oyo Room
Ritesh Agarwal, CEO of Oyo Rooms, a budget Room aggressor or portal.
Ironically, Ritesh was thrown out of rented places ewRewhen he couldn’t pay the rent. He
slept the night in the stairway. Ritesh had come to Delhi to study in college but rested days
he realized that final education is not Something he wants to waste his time on slapped 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 Ritos.*
At 21 years of age, Ritesh Aggarwal is India’s youngest millionaire entrepreneur,
Top Funded Startups in India of All Time!
[Link] Name of startup Funding Market
Valuation
1 Flipkart $7.3B in 18 Rounds 1,05,562 cr
2 Ola Rounds$3.01B in 14 Rounds from 27 Investors 49,277cr
3 Snapdeal Investors$1.78B in 13 Funding Rounds(Last 45,227cr
fundraiser was on: May 29, 2017
4 Paytm $1.65B in 4 Funding Rounds(Last fundraiser 70,395cr
was on May, 2017
5 Renew Power $1.18B in 6 rounds(Last fundraiser was on Aug N/A
18, 2017)
6 Bigbasket $577.1M in 11 Rounds 10,560cr
7 OYO $450M in 8 Rounds 28,000cr
8 Quikr $430.2M in 10Rounds 10,560cr
9 Zomato $243.8M in 9 Rounds from 5 Investors 10,560cr
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.
THANK YOU