Swinging Fortunes: From Dizzying Highs To Wretched Lows—News Headlines Tell The India Startup Story
By LIKHAVEER | INNLIVE
Between 2012 and mid-2015, the Indian startup industry was on the cusp of a boom. Fortunes seem to have suffered a reversal since. This year, the sector was seen hobbling from one mistake to another.
At least, that is the impression that headlines in Indian business media created. There was a time when every achievement of India’s tech startups was heralded as a mark of their perfection; now, every failure—from firing to hiring—is taken as a sign of an impending collapse.
Between 2012 and mid-2015, the Indian startup industry was on the cusp of a boom. Fortunes seem to have suffered a reversal since. This year, the sector was seen hobbling from one mistake to another.
At least, that is the impression that headlines in Indian business media created. There was a time when every achievement of India’s tech startups was heralded as a mark of their perfection; now, every failure—from firing to hiring—is taken as a sign of an impending collapse.
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