A study on emerging trends in Indian startup ecosystem: big data, crowd funding, shared economy

Abstract

Purpose India ranks third in the global startup ecosystem in the world incubating more than 50,000 startups and witnessing 15% YoY growth per year. Being a center of innovation and skilled labor, Indian startups have attracted investments from all over the world. This paper aims at exploring the trends that are driving the growth in the Indian startup ecosystem. Design/methodology/approach Top 200 startups according to valuation are selected as a sample to find out the major trends in the Indian startup ecosystem. This paper includes surveying the sample startups about the implementation of trends such as big data, crowdfunding and shared economy in their startup and its tangible, as well as intangible impacts on their business. The result of the survey is analyzed to get an overview of the emerging trends in the Indian startup ecosystem. Findings Major ten emerging trends that drive growth in the Indian startup ecosystem are discovered and the areas where these trends can be leveraged are identified. Originality/value This research has contributed toward structuring and documenting the growth driving trends, and it will help the budding entrepreneurs to get familiar with the contemporary trends, pros and cons associated with it and the ways to leverage these trends to build a successful startup.

Crowdfunding small businesses and startups: a systematic review, an appraisal of theoretical insights and future research directions

“…The researchers organized the relevant content from the extracted articles, scrutinized it, and identified the themes on this topic. Their bibliographic analysis revealed that crowdfunding (Eiteneyer et al, 2019;Kaminski et al, 2020;Kgoroeadira et al, 2019;Paschen, 2017;Di Pietro et al, 2018) crowd sourcing (Chaudhari and Sinha, 2021;Eiteneyer et al, 2019;Foster, 2019;Paoloni et al, 2019;Paschen, 2017), equity crowdfunding (Bonini and Capizzi, 2019;Hornuf and Schwienbacher, 2017;Hornuf and Schwienbacher, 2018;Tiberius and Hauptmeijer, 2021), as well as crowd investing /crowdinvesting (Ezangina and Evstratov, 2019;Goethner et al, 2021;Hornuf and Schwienbacher, 2017;Hornuf and Schwienbacher, 2018) were the most used keywords by the authors that were featured in this analysis.…”

Analyzing the Role of Work-Life Balance on Employee Loyalty in Indian Startups: A Linear Regression-Based Approach

“…Thanks to technology, startups can reach new markets, improve operations, and innovate. Technology startups like Paytm and Ola have created new and innovative products and services, significantly impacting the Indian economy (Chaudhari & Sinha, 2021). Thus, the growth of Indian startups has been fueled by venture capital, e-commerce, government support, the rising middle class, and the adoption of new technologies.…”

“…Working hours in startups are also a concern for employees. Startups often require long hours and work on weekends and holidays, which causes burnout and lower job satisfaction (Chaudhari & Sinha, 2021). Employees in Indian startups may also struggle due to a dearth of opportunities to advance their careers.…”

“…Many employees enjoy working on new and exciting projects. Startups also allow workers to work in a fast-paced and dynamic environment, which can be immensely engaging for some (Chaudhari & Sinha, 2021).…”

Optimum investor portfolio allocation in new age digital assets

“…However, the share of Bitcoin has been falling with the emergence of new cryptocurrencies such as Ripple, Stellar and Litecoin, with a current market capitalization of $10bn, $1.6bn and $3.6bn, respectively. The rapidly growing cryptocurrency market has also attracted attention from the startup ecosystem (Chaudhari and Sinha, 2021). Retail investors largely dominate the trading in the cryptocurrency market.…”