DSPN has taken a great initiative on behalf of local digital startups, but how strong is the Indian start-up ecosystem when it comes to facilitating expansion and growth?
In my humble opinion, in India, there is a misconception that Start-up ecosystem consists of start-ups, investors and mentors only. This has become a huge ecosystem in itself and has been driven by multiple incubators and accelerators. The ecosystem clearly misses out a few of the main components: The Industry connection, branding and global visibility for the start-ups & its founders. It is my opinion that these factors play a significant role in the success and growth of start-ups. That is why, DSPN focuses on five pillars to support the start-ups: Funding, Brand Recognition, Global Visibility, Mentoring and Networking.