How many startups are there in Mumbai on average? What is the scope of startups in India?

It depends! It depends, not on whether it is a startup or not, but on what is it that you are trying to sell to your prospective customers/consumers. Ask yourself these questions and you will get an insight whether your startup will be successful or not. Company Is the vision of the company strong, measurable, achievable, practical and realistic? Enough to sustain itself and motivate the people behind the scenes? Do you have strong founders/co-founders who are passionate enough to lead a change? What is the business model? How sustainable is it? Can you maintain a competitive edge over competitors who piggy-back on your success and introduce substitutes? Is it scalable? Financials Do you have enough cash/capital to burn, depending on the time it will take you to break-even? How long can you sustain without seeing any cash inflows? Do you wish to pitch your ideas to Angel Investors? If yes, how much stake are you willing to part away with? What is the revenue model? How are you planning to price your offerings? Does your pricing cover at least the operational/variable costs in the long run? People Do you have right people, at the right place, for the right job? Are you willing to compromise on the hiring quality to curb expenses on salary? Are you willing to issue equity to new employees? Do you have a vision for your employees so that they are motivated all along, all by themselves? Products/Services Is it a product or service that you are trying to sell? Is the nature of the product/service scalable? Is it a premium product or an ordinary one? Is it priced at a value the customer is willing to pay? If yes, does it have a positive contribution margin? Legal Aspects Have you sought the necessary clearances (environmental/legal/social etc.) from the government? Has your company completed all the formalities related to registrations? Do you own the idea? If not, have you licensed the use of the patent to ensure you don't run into legal troubles later? If you own the idea, is the idea patented? If not, do you plan to file a patent? Market Research Is there a need gap in the market that you are trying to address with the product/service? Is the market (and customers and consumers) ready for this product? Or, is it way ahead of its time? Does it completely solve the problem you are trying to address? Or does it open a can of worms which need further remedy? P.S. 1. I will keep on adding to this as and when I can think of adding more! 2. All comments/suggestions/additions/advices are welcomed!

Here is the list of few interesting startups to work with. Faasos - into Food Space - https://www.crunchbase.com/organization/faaso-s Tinyowl -  into Food space - https://www.crunchbase.com/organization/tinyowl-technology Housing -  into Real-estate - https://www.crunchbase.com/organization/housing-com GrabHouse - Into Real-estate - https://www.crunchbase.com/organization/grabhouse Purple Squirrel - in to Education Space - https://www.crunchbase.com/organization/purple-squirrel Toppr - Into Education Space - https://www.crunchbase.com/organization/toppr Mswipe - into Financial Services - https://www.crunchbase.com/organization/mswipe-technologies Haptik - https://www.crunchbase.com/organization/haptik More you can find out here - http://mumbai.startups-list.com/

If you can manage to make people pay for your services and/or products or get an Indian VC to invest in your start-up then kid, you're gonna move mountains.

There is a famous statistical fact about startups, over 90% of the startups fail to reach 5+ years. And this is a very optimistic percentage.  And regarding the technology, it's here to stay. No matter what field you consider, Computers and technology is disrupting it. Coming to your second question, the scope of the startups is based on the idea and its execution. Basically if you are solving some problem or the other which is relevant and get it to customers with heart felt passion. There is scope for you to succeed. But all you care about is to chase the unicorn then no. Your startup doesn't have a chance. As a small advice I got from my seniors is "Be unique, Be responsive and Dream big yet keep your foot on land"