The poor health of india’s start-ups

A Mint analysis of the financial statements of 41 large Indian consumer internet companies makes for worrying reading for start-up investors or anyone optimistic about the state of the consumer internet business. These 41 companies together posted losses of Rs16,000 crore on revenue of Rs23,753 crore in the year ended March 2016.

Source : Mint (Delhi)

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Author:

Neeraj; an entrepreneur & a visionary in the field of Railway, Defense & Automobiles, is a graduate in commerce and a Harvard Business School Alumni. He’s an expert in govt. liasoning & contracting and has an exceptional network & connections at both local as well as global level. He’s an expert in Market Strategy & Planning and has served number of overseas companies as an advisor/consultant. He takes a profound interest in upcoming startups & is very receptive towards ground-breaking ideas & innovations. He likes to brainstorm those ideas and if the values & philosophies matches; he is even ready to invest his resources, serve as a mentor or act as an incubator to futuristic businesses.

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