Why India Struggles to Nurture Budding Entrepreneurs
Better funding can work the magic
Indian entrepreneurs find it very difficult to gain funding; only 29 percent of entrepreneurs have access to funds they require to start a business while the others find it difficult to gain funding. Though India has attracted the attention of global investors in recent years because of its growth and optimistic expectations the funding is not in free flow due to various reasons. The major problem for entrepreneurs seems to be less about the availability of funding and more about finding the right type of funding.
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Foreign investors also find it a little difficult to understand the entire procedure as both the eco systems are drastically different and there are also lack of angel or seed funding and complementary assets such as investors' expertise and participation in managing startups in India.
