Indian Entrepreneurs: IIT and IIM Degrees Not Require for Successful Startup

It is not necessary to study from large institutions such as IIT, IIM, to take a successful startup and move it to the height peak.

It is not necessary to study from large institutions such as IIT, IIM, to take a successful startup and move it to the height peak. Neither the beginning of the beginning of the age of 25 is guaranteed to be successful for startup. This has been revealed in the recently released research report by Research firm Xeler8. Asia’s third largest economy: The average age of technology Indian entrepreneurs in India is 28 or 29 years. While getting the first funding to startup, the average age of businessman in India is above 32.

indian entrepreneurs

No major degrees required

According to research conducted by Xeler8, about 50 percent of Indian entrepreneurs are graduates and postgraduates in India. While only a few of them have degrees of big institutions like IITs and IIMs. Not all entrepreneurs who have started the startup have taken a degree from any major institution.

This analysis done at more than 2300 startups

This research was done by Xeler8, a Delhi-based Indian entrepreneurs company based on the startup. A total of 2300 firms have been included under this study. The samples include companies related to different sectors. For example, e-commerce, food technology, finitec, health care, aggregation technology, ad technology, data analytics and gaming etc. Sample includes top startups such as Flipkart, Oyo Rooms, Snapdeal and MUsigma.

 

 

Another big thing in Xeler8’s report is that in the list of Indian entrepreneurs like Silicon Valley, the number of males is more than women. Founders of 9% of the companies in Indian startup are not women.