As most of you are aware, this decade belongs to Start-ups all over the world. When you look at things happening closer at home, every second day, a new start-up springs up in media, seeking public attention. These start-ups cater to various combinations such as B2B, B2C, and C2C and so on. In other words, these start-ups meet the requirements of Business houses as well as individual customers meeting their needs. These start-ups have indeed started disrupting the traditional ways of doing business. Like mobile-phone made telephone and camera obsolete, these start-ups have made news-papers obsolete, phone calls obsolete, but at the same time tempting the customer or the buyer of product to try them just once. Following are some of the disruptors which came into the market with their offerings and how they disrupted the traditional way of doing business. Through Olx platform, one can buy and sell used products replacing traditional classifieds. 99 acres or magic bricks help you buy, sell or rent properties, replacing traditional neighborhood brokers Uber, Ola, etc. transport you from any point to any point and even spreading across the world, replacing the traditional taxi / auto segment. Fresh Menu, Swiggy, Zomato, and Uber Eats deliver food at your door-step helping you avoid making a trip to the restaurant, Big basket delivers dairy products, fruits and vegetable at your door-step and saves your trip to go to vegetable market every time. The list is endless and growing by the day. All start-ups and young entrepreneurs keep thinking out of the box disrupting the commerce domain. Service like Rapido helps connect people from one location to another by providing last-mile connectivity. Well, ultimately it is a matter of “survival of the fittest’. Those who can sustain competition and profitability can stay in the market, expand business and create a brand image in the market. Some of the reasons could be a poor business model, constant infusion of capital till the break-even happens, lack of enthusiasm & motivation, customer perception etc. Another major reason for the failure of start-ups is failure on account of non-compliance. Statutory compliance’s are meant to ensure that there is uniformity in conformation with a rule, specification, policy or standard mandated by law. Due to an increasing number of start-ups, the need for operational transparency has also seen a significant hike in the past decade. Government provides lot of sops and tax holidays for start-ups. However, there are certain laws, rules and regulations which are mandatory. According to data available in internet, 3 out of 7 Startups finds place on the defaulter list of Registrar of Companies due to non-compliance. Further, 2 out of 4 Startups incur unnecessary pay-out by way of interests and penalties. 7 out of 10 Startups shut down their business within first 3 years of their operations. Therefore, if start-ups want to stay back, succeed and become disruptors, they need to comply with the laws of the land. But there is nothing to worry about, as long you’re guided by a Compliance professional consultant like Sharp HRD Services, India’s Leading Company for Labour & Industrial Compliance, We are here to help you in relevant statutory norms to be followed by your Startups as well as helps you stay 100% compliant.