In this episode of the Startup Buzz podcast, we talk about 3 mistakes that startups usually make which eventually lead to their failure.

Experts believe that India's educational technology sector will grow to be a $30 billion industry over the next ten years. As of June 2022, there are more than 9,985 EdTech startups in India.

E-learning wasn't particularly common in India even a few years ago. However, after the pandemic, when people were forced to remain at home, the country witnessed a considerable growth in the ed-tech sector. A total of six startups have managed to become unicorns in the Indian ed-tech as of June 2022. In all the years prior to this two-year period, India only had one unicorn, which was BYJU’S.

The world of ed-tech startups in India is pretty interesting. Let us discuss five key trends around Indian ed-tech startups to watch out for!

In 2020, we were ranked 48th amongst the top 100 startup hubs in the world. In 2021, we have moved up by 28 points and now are at 19. Delhi and Bangalore top the list of most startups in the country. With over 72,000 recognized startups in the country, India has an entrepreneurial culture that is rapidly booming.

But do you know, there are a lot of Indian startups that operate here but are actually headquartered abroad?

We now have over 100 unicorns, that is, startups with a valuation of over $1 billion. But a lot of these unicorns, like Polygon, Chargebee, OYO are headquartered overseas. So, what are they doing this for?

Flipkart… Byju’s… Ola… Swiggy… What do you think is common between these companies? These are all STARTUPS that went on to become UNICORNS! And all of them stemmed from Bengaluru (Bangalore)! Even the first Unicorn of India, Inmobi was based in Bangalore. Ever wondered why Bangalore is regarded as the start-up hub of India? Well, there are multiple contributing factors, as changes like these do not take place overnight. But what do you think are the most predominant ones? Let us discuss three good reasons in this episode.

Did you know that, with over 100 unicorns, India has the third-most number of startups in the world with over 1 billion dollar valuations? The Startup India scheme, launched in 2015, has played a crucial role in creating a startup-friendly ecosystem in India. But are you aware of what is the Startup India scheme? And how are startups benefiting from it? Let’s find that out in this episode.

India stands third in the world when it comes to the number of unicorns, that is, startups with over $1 billion in valuation. Want to know how startups get funded? Tune in to this episode to know more!