In 2024, failed or shutdown startup in India... The fluct
In 2024, failed or shutdown startup in India...
The fluctuate reasons are
As of year 2024, over 5,000 startups in India have shut down. This represents approximately 3.3 percent of the 1.52 lakh startups registered under the Startup India program.
Key points to remember:
State-wise: Maharashtra leads with the highest number of closures (929), followed by Karnataka (644) and Delhi (593).
Reasons: Various factors contribute to these closures, including funding challenges, economic downturns, intense competition, and operational inefficiencies.
Impact: While this highlights the challenges faced by startups, it's important to note that India's startup ecosystem remains vibrant, with many successful ventures continuing to thrive.
For more detailed information, you can refer to these articles:
TICE News: 5,000 Startups Shut Down in 2024: Why Do Startups Fail in India?
Financial Express: 5000 startups registered under Startup India closed so far: Govt data
It's important to note that the startup landscape is dynamic, and the number of closures may continue to fluctuate.
#startup #failed #india
Comments
Government support nahin karega to band to hoga hi. yeh state government ki jimmedari thi
और कितने छोटे छोटे दुकान भी बंद हो गई 😌
Maharashtra is the top!