The startup space has been attracting a lot of interest in India. There are lots of young entrepreneurs who feel they can start a new business which can change the world. This is all for the best, because we need the spirit, creativity, and enthusiasm which young blood can bring to infuse fresh life so that we can continue to progress. Unfortunately, because these entrepreneurs are very young and immature, they're also very vulnerable. There are lots of scam artists who are out to take advantage of the fact that these founders are looking for funding and don't know how to get it

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