For a segment that thrives on promise more than performance, the country's start-up ecosystem is refusing to get carried away by the funding this calendar year. This has created the highest level of uninvested venture capital in seven years as investors wait for corrections in the working and - more importantly - valuation of start-ups while looking for cockroaches instead of unicorns. "Investors are now keen to invest in companies that have good top and bottom lines.
Meet the trailblazers on Forbes 2018 list.
Also, a dedicated cell, headed by a member of the Central Board for Direct Taxes (CBDT), will be set up to address concerns faced by start-ups.
Few angels have seen exits; till that happens, they won't be rushing to invest again.
The tax forces young startups to part with a portion of the capital they have raised from investors due to disagreements over the valuation of the company by Income Tax officials.
Many believe he would soon start a new venture.
Sebi wants angel networks to follow public and private placement norms
The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side
On an average, around 45 per cent of domain name registrations in India get converted into a live website.
Ironically, amid these struggles, interest in these taxi services has grown, as concerns over women's safety have escalated.
India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.
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