Role of Funding, Digital Transformation, and Entrepreneurial Orientation in the Sustainable Growth of Indian Tech Startups

Authors

  • Ailani Ramratan Murlidhar, Dr. Nidhi Goenka

Keywords:

Indian Tech Startups, Sustainable Growth, Funding, Digital Transformation, Entrepreneurial Orientation, Startup Ecosystem, Innovation.

Abstract

The rapid expansion of the Indian technology startup ecosystem has highlighted the importance of financial support, digital innovation, and entrepreneurial capabilities in achieving sustainable business growth. This study examines the role of funding, digital transformation, and entrepreneurial orientation in influencing the long-term sustainability of Indian tech startups. A quantitative research approach is proposed using primary data collected from founders and managers of technology startups across India. The study employs descriptive statistics, correlation analysis, and multiple regression to evaluate the relationship between the selected variables. The findings indicate that adequate funding enhances operational scalability, digital transformation improves organizational efficiency and customer engagement, and entrepreneurial orientation strengthens innovation and market competitiveness. The study concludes that the combined influence of these factors significantly contributes to the sustainable growth of Indian tech startups. The findings offer practical insights for entrepreneurs, investors, and policymakers seeking to strengthen India's startup ecosystem.

References

Bhattacharyya, S., & Subrahmanya, M. H. B. (2024). Venture capital financing of digital startups in India: A signaling theory perspective. Technological Forecasting and Social Change, 205, 123637. https://doi.org/10.1016/j.techfore.2024.123637

Bali, B., & Joshi, R. M. (2023). Digital orientation and digital capabilities for startup performance: Evidence from emerging economies. Vikalpa: The Journal for Decision Makers, 48(3), 180–197. https://doi.org/10.1177/02560909231163015

Yadav, U. S., Tripathi, R., & Sharma, A. (2024). Entrepreneurial orientation, digital transformation, and organizational performance: Evidence from emerging markets. Journal of Innovation and Entrepreneurship, 13(1), Article 43. https://doi.org/10.1186/s13731-024-00443-y

Kumar, R. K., Singh, A., & Verma, P. (2024). Innovation dynamics and entrepreneurial ecosystems: A systematic review of sustainable startup growth. Humanities and Social Sciences Communications, 11(1), Article 381. https://doi.org/10.1057/s41599-024-02817-9

Sharma, V. K., Kushwaha, R., Bhadange, S., & Purandare, S. (2024). Factors determining the growth and entrepreneurial sustainability in tech-based startups in India: A quantitative investigation. International Journal of Professional Business Review, 9(6), e04873. https://doi.org/10.26668/businessreview/2024.v9i6.4873

Nambisan, S., Wright, M., & Feldman, M. (2019). The digital transformation of innovation and entrepreneurship: Progress, challenges, and key themes. Research Policy, 48(8), 103773. https://doi.org/10.1016/j.respol.2019.03.018

Kraus, S., Jones, P., Kailer, N., Weinmann, A., Chaparro-Banegas, N., & Roig-Tierno, N. (2021). Digital transformation: An overview of the current state of the art of research. SAGE Open, 11(3), 1–15. https://doi.org/10.1177/21582440211047576

Lumpkin, G. T., & Dess, G. G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of Management Review, 21(1), 135–172. https://doi.org/10.2307/258632

OECD. (2023). Financing SMEs and Entrepreneurs 2023: An OECD Scoreboard. OECD Publishing. https://doi.org/10.1787/69018dcb-en

Department for Promotion of Industry and Internal Trade. (2024). Startup India Annual Report 2023–24. Government of India. https://www.startupindia.gov.in

Downloads

How to Cite

Ailani Ramratan Murlidhar, Dr. Nidhi Goenka. (2026). Role of Funding, Digital Transformation, and Entrepreneurial Orientation in the Sustainable Growth of Indian Tech Startups. International Journal of Engineering Science & Humanities, 16(2), 1189–1199. Retrieved from https://www.ijesh.com/j/article/view/1004

Issue

Section

Original Research Articles

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.