Reasons why Indian startups are failing.

Think big, think fast, think ahead. Ideas are no one’s monopoly.

Reliance

Layoffs in celebrated startups such as Meesho, Byjus, and Unacademy are one of the most controversial news in coming times. Despite Indian start-up being bagged with $36 billion funds in 2021 and within a year of India’s startup ecosystem, $41.4 billion was invested, and 42 new unicorns emerged.

The foremost probable reason could be the product-market fit. It is a known fact that the labor costs in India are very low. Thus, the grocery store or medical store will deliver it to the doorstep free of cost unlike dunzo who may charge a good amount of rupees, and practically it is not feasible to use it for daily ration goods unless it’s a known company like amazon.

The second one is squandering companies in the sense of taking all of the money from investors like spending on IPL advertisements when the cost is a lot more than the company’s revenue. Prey to regulations could be another reason behind the downfall and those who are too ahead of their time can bring out problems in the resources which are yet not available in the market.