Factors needed for creating the best startup ecosystem in India:

• Govt policies, capital assistance from corporate, guidance from academics and the sheer brilliance of Indian entrepreneurs can create the environment for unleashing the true potential of our startup ecosystem.
• Through the 1980s, a handful of pioneering IT services companies, including the likes of Tata Consultancy Services, Infosys, and Wipro, put India firmly on the global economic map. These companies invested in technology and leveraged the country’s young, English-speaking workforce to provide cost-effective technology services to clients across the globe. 
• The result is an industry that currently employs nearly four million people, generating $150 billion in revenues for India today. The 1990s witnessed the launch of Bharti Airtel, which today is India’s largest telecommunications company. India has seen a dramatic acceleration in both the quantum and diversity of start-ups. 
• India has become one of the top five start-up ecosystems in the world, alongside the US, China, the UK and Israel. The country today is home to a strong angel investor network, with the sector witnessing active participation from every major venture capital or private equity firm.
• This recent scale-up of the Indian start-up ecosystem is the result of a confluence of multiple factors. On the demand side, there has been a massive explosion of consumers going online driven by smartphone proliferation. On the supply slide, there has been a massive inflow of entrepreneurial and technology talent. 
• Finally, large capital inflows from global investors has helped ignite the entrepreneurial spark in our country. The vibrant start-up ecosystem we see today is the result of all these positively reinforcing mega trends. 
• The start-ups amplify the economic impact of technology at the grassroots level. 
• It is this ability to inspire transformation at the grassroots level that gives Indian startups a truly unique character. 
• Start-ups provide an excellent environment to nurture talent as well as to leverage the power and scale up the latest technologies. In doing so, some of them hold the promise of transforming the country and potentially becoming the next set of Indian technology giants.