New Delhi, [India], Vijay Shekhar Sharma, founder of fintech company Paytm, praises the current government for creating an enabling environment for Indian startups to launch, grow and succeed. Speaking at the JITO Incubation and Innovation Foundation (JIIF) Innovation Conclave, Sharma highlighted the significant progress made under the leadership of Prime Minister Narendra Modi.
"Under the leadership of Prime Minister Narendra Modi, now is the opportune time for startups to launch and thrive. The current environment offers unprecedented opportunities, and the government consistently recognizes and rewards the entrepreneurial spirit of India's youth. The startup ecosystem is flourishing at an extraordinary pace, putting the country on a strong development roadmap until 2047. Over the past few decades, India has established a strong reputation in the software and IT services sectors. Today, we are. witnessed an unprecedented rise in innovation and startup culture," Sharma said.
India's startup ecosystem, now the third largest globally, is realizing the dreams of countless entrepreneurs and introducing innovative business practices.
Sharma highlighted the government's initiatives for startups to help them explore new areas like artificial intelligence to develop ideas that simplify and revolutionize everyday life.
"The last 10 years of government had a very positive impact on the infrastructure front, whether you look at connectivity in the country, road connectivity or air connectivity, in the way that infrastructure has been," he added. he.
Apart from Vijay Shekhar Sharma, the JIIF Innovation Conclave, themed 'Ideas for Impact: Cultivating Innovation and Entrepreneurship', was attended and addressed by Aadit Palicha, Co-Founder and CEO, Zepto, and Sanjeev Bikhchandani, Founder by Infoedge. The event attracted over 300 angel investors, 100 startups, 30 unicorns and numerous international investors, offering a unique platform for entrepreneurs to interact with investors and industry experts.
Aadit Palicha, founder of Zepto, shared his journey of transforming a local grocery project during the pandemic into a Rs 30,000 crore company in just three years. "Reflecting on the last three years of building Zepto, the journey of two college dropouts who built a company worth Rs 30,000 crore in just three years could only happen in one country in 2024: India," Palicha said.
"Under the leadership of Prime Minister Narendra Modi, now is the opportune time for startups to launch and thrive. The current environment offers unprecedented opportunities, and the government consistently recognizes and rewards the entrepreneurial spirit of India's youth. The startup ecosystem is flourishing at an extraordinary pace, putting the country on a strong development roadmap until 2047. Over the past few decades, India has established a strong reputation in the software and IT services sectors. Today, we are. witnessed an unprecedented rise in innovation and startup culture," Sharma said.
India's startup ecosystem, now the third largest globally, is realizing the dreams of countless entrepreneurs and introducing innovative business practices.
Sharma highlighted the government's initiatives for startups to help them explore new areas like artificial intelligence to develop ideas that simplify and revolutionize everyday life.
"The last 10 years of government had a very positive impact on the infrastructure front, whether you look at connectivity in the country, road connectivity or air connectivity, in the way that infrastructure has been," he added. he.
Apart from Vijay Shekhar Sharma, the JIIF Innovation Conclave, themed 'Ideas for Impact: Cultivating Innovation and Entrepreneurship', was attended and addressed by Aadit Palicha, Co-Founder and CEO, Zepto, and Sanjeev Bikhchandani, Founder by Infoedge. The event attracted over 300 angel investors, 100 startups, 30 unicorns and numerous international investors, offering a unique platform for entrepreneurs to interact with investors and industry experts.
Aadit Palicha, founder of Zepto, shared his journey of transforming a local grocery project during the pandemic into a Rs 30,000 crore company in just three years. "Reflecting on the last three years of building Zepto, the journey of two college dropouts who built a company worth Rs 30,000 crore in just three years could only happen in one country in 2024: India," Palicha said.
