BusinessNearly 70% Of Start-Ups Will Fail, Says Kris Gopalakrishnan
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Nearly 70% Of Start-Ups Will Fail, Says Kris Gopalakrishnan
Infy cofounder Kris Gopalakrishnan said the key is what are the learnings
Only 5-10% of start-ups will become large and scale up, he predicted
He also sees some consolidation in e-commerce sector
Infy cofounder Kris Gopalakrishnan said only 5-10% of start-ups will become large
Bengaluru: Infosys Co-Founder and former CII President Kris Gopalakrishnan on Tuesday said almost seventy per cent of start-ups globally will fail and only five to ten per cent will become large and scale up.
"Almost seventy per cent of start-ups will fail. About 20 per cent will survive but will not grow. They will remain small enterprises, and may be only five to ten per cent will become large and scale up - that is the statistics...