S BATTACHARYA , PhD ; CEO

#ASKGroup LLC ; 3 years successful #business run, we in a way understood some important aspect of Indian #economy and #startups.

1) Our government and local administration love startups and helps them every way possible.

2) 89.67% Indian Banks don't like to allow term loans to startups except SIDBI and SBI

3) Fintech & Investment Company always ready to give Investment but they like a rate of return 11% to 24%

4) 84.68% Indian consumer and clients like startups product and services.

5) FDI automatic system is very essential for every startups but we need more service provider on this segment.

6) 62.52% freshman student don't like startups as first job but we startups love freshman student everytime.

7) Startups need a larger corporation as a Stakeholder for influence, clients and technology assistance.

8) Startups with foreign ventures and FDI have a 94.73% probability of success in long run.

9) Startups need a seed capital of at least 2.5cr and mostly #entrepreneurs have to come up with that by themselves.