Factors determining the Growth and Entrepreneurial Sustainability in Tech-Based Startups in India: A Quantitative Investigation

Abstract

India's tech-based startups are completely changing industries and contributing significantly to the nation’s economic growth. As these startups bring innovative products and services to market, they’re also reshaping traditional industries and creating numerous job opportunities. Even with all these advantages, many startups have to face hurdles that impact their ability to scale and sustain operations over time. With technology advancing faster than ever, there is an urgent need to understand the factors that help or hinder their growth and long-term survival. This paper will look at tech-based entrepreneurship in India and try to understand the factors that affect their growth and entrepreneurial sustainability. Insights from this study can support a more resilient startup ecosystem, encouraging policies and resources that empower tech innovation to continue growing and advancing India’s position in the global economy. A sample of 243 was collected from entrepreneurs of tech-based startups in India. The factors the identify the growth and entrepreneurial sustainability in Tech-based startups in India are Access to Funding and Investments, Infrastructure and Ecosystem support, Innovation and Technology Advancements, and Market access and Customer Acquisition.