THE SECRET BREW FOR START-UP PROFITABILITY LIES IN A ROBUST COMPLIANCE CONCOCTION

Driven by innovation and ambition, start-ups often tend to prioritise their core business operations while inadvertently neglecting the critical area of compliance.

INDIA’S START-UP ECOSYSTEM has witnessed a meteoric rise, making it the world’s third-largest start-up ecosystem. With an impressive year-on-year growth rate of 15% since 2018, India boasts 75,000 start-ups and 107 unicorns as of 2022. The government, too, has been helping start-ups through Start-Up India and PM Mudra Yojana, among others, seeing their potential to expedite India’s ambition of turning ‘Atmanirbhar.’