Jaipriya K S, Content Writer, Siliconindia

As per the GEM – Global Entrepreneurs Monitor report, over 100 million startups launched in a year & more than three businesses are booming every second; even though it is an astounding number, merely a fraction of startups survive after one year of inception and nearly 60 percent of startups flop in the middle of Pre-seed & Series A funding levels & 35 percent of Series A startups flop even earlier to reach the Series B level. Regardless of these startups, the self-funded startups are the warriors marking their footprints alone to win the Startup battle.

This article will surely help young entrepreneurs who want to start a startup; let us delve into the article to learn the depth of bootstrapped or self-funded startups in India, their success, drawbacks & risks.

Bootstrapped or Self-funded Startup

Precarious risks that every entrepreneur merely takes to build a business without any back-end safeguards like investors, stakeholders & venture capitalists. It is proved that the growth is self-sustained & filled with ample risks & challenges, entrepreneurs are preparing themselves to achieve success without external resources. In the bustling landscape of Indian startups, we are in the era where funding & investing in small & medium scale businesses are taking flight as a trend. Among such landscape, bootstrapped or self-funded startups are capitalizing their own lifetime savings, loans, credit cards & personal assets to build their dreams & make waves in the market, instead of seeking outer lenders.

Self-funded startups of India are real-time examples whose success isn’t calculated by the size of funding among others in fact by the power of your willpower, depth of your dream, consistency in motivation, and zeal to reach the goal