Funding, regulations, consumer trust key hurdles for Indian startups: Rukam Capital Founder
Funding, regulations, consumer trust key hurdles for Indian startups: Rukam Capital Founder
NEW DELHI: (May 12) Indian startups today contend with a range of hurdles, including access to consistent funding, navigating intricate regulatory and tax frameworks, overcoming bureaucratic obstacles, retaining talent, and earning consumer confidence in a price-sensitive market, according to Rukam Capital's Archana Jahagirdar.
Jahagirdar -- the Founder and Managing Partner of the venture capital firm, which has invested in startups like Beco, Sleepy Owl, Indus Valley, GO Desi, Burger Singh, and Antithesis -- believes that while ambition and innovation of Indian startups are undeniable, access to consistent funding, especially at the early stage, remains a major roadblock.
"Unlike more mature ecosystems, India still sees uneven distribution of capital, with non-metro startups facing even steeper barriers. Operating within a maze of complex rules and taxing systems is another industry challenge.
