1. Challenges Faced By New Start-Ups

Authors:-Khyal Jadav, Debashish Roy

Abstract- The journey of a new startup is fraught with hurdles and obstacles that test the resilience and adaptability of entrepreneurs. This study aims to elucidate and analyze the multifaceted challenges encountered by emerging startups in today’s dynamic business environment. Drawing upon a comprehensive review of literature and empirical research, this paper identifies key challenges faced by new startups across various dimensions, including but not limited to, financial constraints, market competition, regulatory compliance, talent acquisition, and technological disruptions. Through qualitative analysis of case studies and interviews with startup founders and industry experts, this research provides nuanced insights into the nature and impact of these challenges on the survival and growth of startups. Furthermore, this study examines the interplay between different challenges and the strategies employed by startups to mitigate their adverse effects. By exploring real-world examples and success stories, this paper offers practical recommendations and best practices for aspiring entrepreneurs and stakeholders to navigate the turbulent waters of startup ventures.

DOI: https://doi.org/10.61463/ijnrefm.vol.2.issue3.104

2. Green Finance in India: Progress and Challenges

Authors:- Mr. Gourav Kamboj

Abstract- The term “green finance” describes financial agreements designed specifically to be used for initiatives that address the effects of climate change on the environment or that embrace sustainable practices. The goal is to increase the amount of money flowing to sustainable development initiatives from the public, private, and not-for-profit sectors through banking, microcredit, insurance, and investment. The United Nations Environment Program (UNEP) has been collaborating with various nations, financial regulators, and the finance sector to align financial systems with the 2030 Sustainable Development Agenda in order to steer financial flows to support the achievement of the Sustainable Development Goals. A wide range of financial services and products fall under the umbrella of “green finance,” which can be broadly classified into banking, investing, and insurance products. Examples of these include green bonds, climate risk insurance, green investment funds, and green-tagged loans. It is advised to launch a sustainable stock exchange program to create stock price indices that monitor a group of companies’ stock performance in accordance with environmental, social, and governance (ESG) principles. Around the world, there are four different regulatory frameworks. The first is the disclosure of sustainability by financial and non-financial enterprises; the second is directed and concessional lending; the third is the formation of green financial institutions; and the fourth is the micro- and macro-prudential regulations of financial and non-financial institutions. India began focusing on green finance in 2007 and implemented a number of financial and fiscal incentives. “Corporate Social Responsibility, Sustainable Development, and Nonfinancial for Banks” was the name given by the RBI to the project. The National Action Plan on Climate Change (NAPCC) was created in 2008 with the goal of outlining a comprehensive framework for policy in order to mitigate the effects of climate change. Other initiatives, such as “The Climate Change Finance Unit,” were created in 2011. India set a very ambitious goal in 2019: by 2030, it wanted to generate 450 GW of renewable energy.

DOI: https://doi.org/10.61463/ijnrefm.vol.2.issue3.105

3. Anti-Disruptive Effect of Industry 4.0 on SCM: A Qualitative Study on Selected Indian Construction Companies

Authors:- Ms. Pawani Reddy, Dr. Sanjeev Mishra, Dr. A. K. Chaturvedi

Abstract- Rationale: Growing expectations and need of stakeholders followed with technological advancements at different ends of the Supply Chain (SC) are making the entire chain quite complex, and prone to disruptions and indecisive. To manage several aspects associated with the continuity of business processes, it become imperative to manage the supply chain risks associated with disruptions implicitly and explicitly. In this context interest of the academicians, researchers and industrialists for Industry 4.0 and related technologies for managing the disruptions of SC is burgeoning. The principal objective of the present research work is to qualitatively assess the relative effect of the Industry 4.0 tools and technologies on the SC visibility and flexibility which leads into making the SC more repressible and robust. Methodology: The research work was carried out in two different stages. In first stage extensive review was performed over the studies related with the disruptions in SC to identify the major challenging aspects and in consequent section analysis is presented. Conclusion: This research work confirms that Industry 4.0 tools and technologies are effective in building a resilient and robust SC at different stages. It is also noticed that Industry 4.0 tools and technology applications result into more explicit and implicit benefits to the SC in pre-turmoil and reclamation stage. Practical Contribution: The research work may help to know about the key areas of the SC followed with the application of Industry 4.0 tools and technologies to make the SC more resilient and robust for continuity of business.

DOI: https://doi.org/10.61463/ijnrefm.vol.2.issue3.106

4. Business Risk Management Ideology and Entrepreneurial Development of Students in Tertiary Institutions in Southwestern, Nigeria

Authors:- Alli Noah Gbenga

Abstract- This study investigated the relationship between Business Risk Management (BRM) ideology and the entrepreneurial development of students in tertiary institutions within Southwestern Nigeria. A quantitative research design was employed, with data collected from a sample of 1918 students across five federal universities in the region. The research instrument was a structured questionnaire designed to gather information on risk identification, risk assessment and evaluation, risk mitigation and control strategies, entrepreneurial intentions, self-efficacy, and entrepreneurial behavior. The findings suggest a positive relationship between BRM ideology and the entrepreneurial development of students. Specifically, risk identification was found to significantly influence entrepreneurial intentions (p < 0.01) and self-efficacy (p < 0.05). Risk assessment and evaluation also demonstrated a significant positive impact on entrepreneurial intentions (p < 0.01), self-efficacy (p < 0.01), and entrepreneurial behavior (p < 0.05). Additionally, risk mitigation and control strategies were found to significantly contribute to entrepreneurial intentions (p < 0.01), self-efficacy (p < 0.01), and entrepreneurial behavior (p < 0.01). These findings highlight the importance of integrating BRM education into the curriculum of tertiary institutions in Southwestern Nigeria. By equipping students with the knowledge and skills to identify, assess, and mitigate potential risks, they are better prepared to navigate the challenges and uncertainties inherent in entrepreneurial ventures. This, in turn, can contribute to the growth of a vibrant and resilient entrepreneurial ecosystem in the region.

DOI: https://doi.org/10.61463/ijnrefm.vol.2.issue3.107

5. Tata Digital’s Acquisition of BigBasket: A Strategic Analysis of Synergies and Challenges in the Indian E-grocery Market

Authors:- Shrikant Jaiswal

Abstract- This case study examines Tata Digital’s strategic acquisition of BigBasket, a leading player in India’s burgeoning online grocery market. The research investigates the underlying motivations driving this merger and acquisition (M&A) deal, with a specific focus on the strategic fit between both entities, financial implications, regulatory compliance, and challenges of cultural integration. By analyzing the market dynamics, financial performance, and regulatory landscape, this study aims to uncover the potential synergies and risks associated with the acquisition. The findings shed light on the evolving landscape of India’s commerce sector and the strategies employed by conglomerates like Tata to expand their digital footprint and capture market share in the rapidly growing online grocery segment. Additionally, the study delves into the complexities of integrating diverse organizational cultures and the regulatory hurdles faced in high-stakes M&A transactions. This research contributes to a deeper understanding of the factors influencing the success of M&A deals in emerging markets and offers valuable insights for both practitioners and academics in the field of corporate restructuring and strategic management.

DOI: https://doi.org/10.61463/ijnrefm.vol.2.issue3.108