The startup ecosystem in India is creating quite a stir. The word ‘startup,’ unbeknownst to the country until a decade ago, is today a part of everyone’s daily vocabulary. Madhavan Narayanan, senior journalist, writer, media consultant and a commentator, said that the term may be new but not the idea. “Let’s not assume that startups are something new. Startups were there even before the term was coined,” he explained.
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