India’s lively startup scene may be teeming with “soonicorns”—soon to be unicorns (private billion-dollar startups)—but the non-profit sector has almost completely missed the boom.
Private social enterprises are stagnating, primarily due to irregular and unsustainable leadership. For long, the best minds in India have been put off by the dismal salaries, with the non-governmental organisations’ (NGOs) limited budgets leaving them with little time and money to groom talent.
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