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100 _aChaudhury, Suman Kalyan
_931824
245 _aAn Empirical Study of Sources of Early Stage Start-Up Funding for Innovative Startup Firms: A Study of Five States of India
300 _a48-57 p.
520 _aOver the past few years, startups have been seen as a taste of the season for India. This has resulted into the materialization of a number of home grown new companies across the country. This development of a novel scenario has been due to the major contributions that led to the mega funding ploughed into most of these new companies between 2007 and 2015. This paper represented the growth of startup companies in India, their types, and possible sources of financing with special emphasis on financing these ventures in the country. In this research, we examined the defining stages of development for startups as well as their funding sources at each stage. The objective of this research paper was to investigate whether India made a shift from conventional to the modern methods of financing. Therefore, this research can be helpful in superior understanding about the funding strategies of entrepreneurial ventures. For conducting the research, a total of five states, that is, Odisha, Chhattisgarh, Jharkhand, West Bengal, and Madhya Pradesh were taken into consideration. This paper is primarily based on survey questionnaires, and the chi-square test was adopted to ascertain the results derived from the information gathered from the respondents. The results revealed that there is an urgent need to provide financial literacy to startups and increase awareness on the activities of angel/VC financing through greater involvement with educational/research institutions and incubation centres.
653 _aVenture Funding
653 _aEntrepreneurial Activity
653 _aFunding Strategies
653 _aStartups
653 _aFunding.
700 _aPanigrah, Anupam
_934842
700 _aGaur, Mamta
_934843
773 0 _029384
_977128
_aGILANI,S.
_o55511020
_tINDIAN JOURNAL OF FINANCE
_x0973-8711
942 _2ddc
_cJA-ARTICLE