Challenges of upcoming startups in India

India is a ground for cultural, grassroots and frugal innovation. Ever since governments around the world started supporting startups through government-led initiatives, there has been a great revolution in the startup scene. India is becoming one of the most favorable markets when it comes to attracting startup investors from both local and foreign scenes.

A start-up, to most people, is a precious opportunity to turn their passions into a reality. However, the route towards this envisioned future is rarely easy. In fact, the first year of a startup can pose unimagined challenges and complications

So, if you are just starting out in the world of start-ups or are deliberating establishing one, here is a list of the 10 biggest challenges an upcoming start-up is likely to face in his first year of execution:

Challenges of Upcoming Startups in India

Socializing brand with social media: As social media is the best way to connect with customers and expand business at the same time it’s also a big challenge to make a strong social media presence.

Onboarding new employees: Being a startup bringing up new employees onboard to speed up quickly is a very challenging problem. Reducing training time and repeatable processes can help achieve a greater milestone.

Compliance with changing laws and regulations: Staying updated with the new rules and regulations cast by the government.