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Sixth-Semester-BE-Degree-Examination-JuneJuly-2013-UNIX-System-Programming-->View question

Asked On2017-06-07 08:27:48 by:scribed

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Independence was marked by significant shift in the entrepreneurial sector. With the new found freedom, entrepreneurs gained the confidence and belief to pursue their entrepreneurial dreams. Need of employment and regional development paved way for startups. However, during this period policies were not formulated with any special emphasis on entrepreneurship. Development of industries on large scale was still the focus.

The next few decades witnessed significant growth in the entrepreneurial ventures across economic and social sectors. With the changing environment, entrepreneurship gained importance. The last decade has seen noteworthy improvement in the quality of startups in India. Institutions have started to take business and academic interest in startups. In the last few years, they have exhibited potential and proficiency, which has made the global investors to venture in the Indian startup ecosystem.

The accelerated funding coupled with the innovative and incrementally competent growth of startups like Zomato, Flipkart, Snapdeal, etc. and their potential to grow as world class companies has set benchmark and hope for many aspiring entrepreneurs. The foundation for a sustainable startup ecosystem has already been laid. What remains to be seen is how we capitalize and develop on it while fighting the logistics, market and funding challenges that come along.

Answerd on:2017-06-27 Answerd By:Amogh

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