Prime View The 10 Most Emerging Startups of 2018 | Page 4

EDITOR’S NOTE  www.primeview.co JANUARY 2019 The Most Emerging Startups of 2018 Melior Structural Solutions Sanjeev Sharma Most of the world’s valuable companies had great beginnings as startups. In past few years, it was quite difficult to build a large and successful business under the absence of huge capital, like opening a factory or buying a fleet of trading vessels was hard. But today, the scenario has changed, groundbreaking innovations are taking place in a garage, college dorm or a basement. That’s why world is seeing new startups every day. Each of these startups hope to be acquired by a renowned company or make it big in their own right. However, every other wildly fruitful startup, other thousands of startups have fall into obscurity, therefore, startups valued at a billion dollars or more than that are called as “unicorns”, referring to their elusiveness. With the statistics, it’s been recorded that all the top valued startups are mostly based in the China, United States, the Caribbean and Latin America are the liveliest regions for startups. Near about one third of the population of Ecuador is indulged in some sort of business, especially startups. Vietnam, Estonia and Lebanon have felt high levels of entrepreneurial activity. Recent years have filed higher investments in startups, with propelling number of investors are able to recognize the optimized fortune that is achievable by supporting the deserving and potential startup. Although, bringing off successful startup is a team work, however, the credit is bestowed mostly upon the head or founder of a successful startup like Elon Musk, Steve Jobs or Mark Zuckerberg. Standard University and Harvard University have largest number of alumni who founded successful unicorn across the world. India has also come forward for encouraging and supporting startups. There are many innovative services and products which are implemented by young entrepreneurs. Therefore, Indian government has launched schemes for promoting startups. Startup India Schemes have facilitated a lot of budding entrepreneurs to achieve their dreams successfully, which in turn, created lot more job opportunities. Startups are potential enough to change the world over the next couple of years and more startups will prosper with creativity and innovation. Entrepreneurship will certainly add value to the economic growth of India. Moreover, a small idea when gets actionable may turn into innovative solution. So, if an individual has an idea that may create a difference, then the Indian government suggests not to stop for taking risks and fear of failure. Happy reading Prime View Magazine [email protected]