The Next Big Leap

The Next Big Leap | 17 [ OVERVIEW OF START-UP ECOSYSTEM IN INDIA ] The most important skills for a start-up founder Source: Dun & Bradstreet India The most disruptive technologies for the start-up ecosystem in the next five years Source: Dun & Bradstreet India Innovat ion has helped start-ups differentiate their product/service from others, which is reflected in only 39% of the respondents citing increased competition as the major challenge expected to be faced in the next five years. On the other hand, at least 50% of respondents cited regulatory cha l l enge s , r ap i d l y chang i ng technology, and limited access to funding as the major challenges in the next five years. When start-ups were questioned about the required skillset for a start-up founder, 84%cited vision and creativity as the most important skills a start-up founder needs to possess, followed by resilience and perseverance, as per 83%of the respondents. This is aligned with the overall disruptive business model of start-ups. Among the technologies, 88% of the respondents cited AI/ML as the most disruptive technologies in the next five years, whereas only 34% cited Web 3.0 as the least disruptive technology. Dun & Bradstreet