Start-up bubble in India is going to burst soon? Here’s what the youth thinks | youth-survey | Hindustan Times
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Start-up bubble in India is going to burst soon? Here’s what the youth thinks

The young people do not seem to be fascinated anymore with the start-up revolution. The reason may be that the poster boys of Indian start-ups have not had a grand time of late, with valuations falling and layoffs becoming a reality.

Youth Survey 2016 Updated: Dec 21, 2016 17:53 IST
Suveen Sinha
With valuations falling and layoffs, India’s startup bubble is about to burst, feels the youth of the country.
With valuations falling and layoffs, India’s startup bubble is about to burst, feels the youth of the country.(Shutterstock)

The young people do not seem to be fascinated anymore with the start-up revolution. The reason may be that the poster boys of Indian start-ups have not had a grand time of late, with valuations falling and layoffs becoming a reality.

In the latest Youth Survey by HT and MaRS, only 21.2% men and 18.5% women say start-ups are a revolution that will take the country to unexpected heights. About as many – 20.8% men and 21.2% women -- say it is a bubble that is going to burst.

A much higher percentage from both the genders – 58% men and 60.3% women – say the country will gain from the start-up revolution, but much less than expected. And a sizeable percentage is left cold by the start-up revolution. As many as 28.8% of the men and 31.8% of the women say it does not excite them at all.

Still, in a bit of a surprise, 40.7% of the men say they have the desire to set up a start-up in the near future, and 37.9% of them say they are open to working with a start-up. Fewer women are as enthusiastic: only 28.4% say they have the desire to set up a start-up in the near future, and 27.7% say they are open to working with one. In fact, 55.8% of the men and 55.3% of the women say they have a good idea for a start-up.

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Read other Youth Survey stories here