Fast Company calls it the world’s most powerful startup incubator. Fortune magazine calls it a spawning ground for emerging tech giants.

It is easy to be an entrepreneur, but the essence of starting up lies in accepting risks, planning carefully and executing diligently.

Maithan Ispat, a part of the Kolkata-based Maithan Group, has raised over Rs 73 crore by diluting some equity stake to Orix Corporation and...