VC money is flowing in.

In 2014, India was ranked third in the world in terms of venture capital (VC) funding, after the US and China. Two-thirds of that went to start-ups in Bangalore."There are now so many investors I have never even heard of,” said Kunal Bahl of Snapdeal.

The market in areas like e-commerce is white hot now."Digital retail is the way of the future. There is a lot of noise about e-commerce, but it has made India's purchasing power a reality," said Meena Ganesh of Portea Medical."India will be the place of choice for many investors because there is visible growth and it won't let up," she added.

Entrepreneurs are giving back.

Today’s angel investors were yesterday’s successful entrepreneurs, and they offer their mentorship for free. "We work with 10-12 start-ups for a number of our activities," said Richa Kar of Zivame."We provide platforms for two-year-old brands to pitch their products along with hundred-year-old brands," added Damodar Mall of Reliance Retail.

Governments should still do more.

Despite all the changes in the last ten years, sadly, India still ranks low in the world in terms of ease of doing business. There are serious concerns about Indian start-ups preferring to register their companies overseas even though most of their employees are in India."Economics is as important as politics for India," said Narayana Murthy.The government should make it easy for entrepreneurs to flourish, who in turn will create jobs, agreed Kunal Bahl.

Read Also
Things To Analyze Before Signing The Dotted Line
Ways To Undo Career Blunders