The heady promise of money and mentoring is proving to be short-lived for scores of fledgling ventures graduating from the growing number of accelerators in the country.
Every six months, there are at least 120 new ventures coming out of nearly 35 accelerators that provide the first helping hand to an entrepreneur starting on a career in business. However, at the next level, when they need venture capital, these companies are finding few takers. This mismatch is leading to a glut of young companies facing an uncertain future across India's entrepreneurial ecosystem.
To read the full, original article click on this link: Young entrepreneurs in a fix as VC funding for accelerator-backed startups hard to come by - The Economic Times
