India's startups need more than growth; focus on governance also crucial

Quick Summary:

In India, a good idea with the right funding has every opportunity to scale up quickly, fueled by a subcontinent-sized market with a billion potential consumers.

Some startups that had active boards — such as Paytm competitor BharatPe — managed to grow out of governance problems.

All these companies sold themselves as virtually surefire bets, given India’s scale.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Companies Startups Indian companies Startup growth Indian startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 08:38:13 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 827 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23219231

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 270 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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