IIT Madras sets up centre to study Indian startup ecosystem


The Indian Institute of Technology, Madras (IIT-M), has dispatched a Center for Research on Start-Ups and Risk Financing (CREST) to get going in the field of progression, undertaking and danger capital, particularly in the startup space of India. 

The foundation detailed Wednesday that CREST was being set up to participate in scholastic assessments including the spaces of progression, business, and peril capital. A data store on Indian new organizations, experiences and monetary patrons will be made a great deal accessible to new organizations, monetary benefactors and methodology makers.

 “There are several aspects of the Indian startup ecosystem that need to be studied. For example, looking at the factors that are crucial for decision-making for investors when they back a startup or examining the mortality among startups to understand what worked for them and what didn’t. While there are many incubators across major educational and research institutes, we aim to also study how effective these incubators have been,” said A Thillai Rajan, principal investigator, CREST, and professor, Department of Management Studies at IIT-M.




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