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Funding woes to crowded market, why it's tough being a start-up in 2019

Funding has dried up, government initiatives are riddled with problems and the days of copycat ideas are over

Illustration by Binay Sinha
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Illustration by Binay Sinha

Karan Choudhury
Being a digital commerce firm with no backers can be tough. if the bigger players such as ShopClues are trying to merge with players such as Snapdeal to survive. Things are worse for the ones that are bootstrapped.

A tough road ahead for start-ups

Not just private investors or PE funds that have come up short, even the government’s initiative to promote start-ups has not done much to help out budding entrepreneurs.

Ask Abhishek Verma, he has a few battle scars to prove it. He is the founder of Quikmile, a tech-enabled logistics ecosystem. The firm has built a vehicle tracking and transport