Opinions and Recommendations by Vijay Singh Rathore

What is Due Diligence? Due diligence is an investigation or audit of a potential investment or product. To confirm all facts, such as reviewing all financial records, projections, plus anything else deemed material. It refers to the care a reasonable person should take before entering into an agreement or a financial transaction with another party. _________________________________________________________________________________ What are types of Due Diligence? _________________________________________________________________________________ Who require Due Diligence? Have you got your Due-Diligence done? _____

I t is evident that India has experienced a boom in industry of start-ups from last half decade. More and more young entrepreneurs came up with a brilliant and rare idea to solve social problems. India is second in world to deliver Unicorn start-ups. However year 2017 saw some major changes in numbers published by Nasscom. As per Nasscom Start-up Report 2017, Indian start-up industry saw a downfall of 29% YoY in 2017. This dent is majorly due to shift of focus to quality. If we want to drill down the cause for this downfall in numbers of start-ups, we must first identify the challenges faced by start-ups currently working in India.  According to mentors, venture capitalists and founders of various start-ups below are the 6 key factors influencing the failure or success rate of start-ups in India. 1. Imperative Team: ‘Your biggest challenge will be building a great team’ – John Doerr. Every start-up need an efficient, hardworking and crea...