Come tech bubble or fundraising struggle, start-ups stay optimistic: Report

33% said they were looking to hire women in leadership roles, reports Tech in Asia

The success rate for funded start-ups is less than 10%, and as many as 1,000 start-ups shut down last year. But that’s not stopping India’s start-ups from shooting for the stars. Around this month last year, there were around 19,000 start-ups in India. 

50% of those surveyed tried their hand at fundraising last year. Of that group, 63% “did not have a favourable experience.” However, 94% of all survey respondents are looking to fundraise this year.

Help wanted with investors

11% of surveyed start-ups were already profitable, but virtually all start-ups in the study saw themselves becoming profitable in four