Startup India: As It Happened

Primary Minister Narendra Modi’s idea to ease compliances and regulations for startups was what led to “Startup India”. New Delhi’s Vigyan Bhawan, the venue where the event had recently been held was filled with 2000-odd startup Founders, Shareholders and enthusiasts alike. More than 1 ) 5 lac people wished to attend the event, I feel blessed that I was there to witness history in the making. 

Now, for folks like us, startup Creators, this had been one of the most awaited events and looking again at it, among the finest ways to start out off a new year with. The new venture fraternity was abuzz with the details with this event weeks ago as it might prove to be a game changer for recently established companies. startups in Hyderabad

It absolutely was tough to pinpoint the source of the unbridled energy because so many souls acquired gathered together at the same location to discuss about the startup scenario in India.

Narendra Modi indicated out once during his 45-minute talk that this individual previously seen the Vigyan Bhawan filled up to its brim quite a number of times, but he has never found such massive optimism and energy that the corridor was full of at that point of time.

We all are lots of hopeful people, and I reckon that it was our wish and love for what we do that created such an electrifying atmosphere.

From what you could collect from the complete event is that, from April, it will probably be much easier to setup and operate a startup and you will receive the government’s assistance more or less all the time.

It absolutely was a jam packed day long event. There were known panel of speakers including famous startup CEOs, buyers and bureaucrats. For example Adam Neumann, WeWork CEO talked about how precisely India’s democracy “embodies regeneration”. To him it is all about redefining the world through our actions and by being content as well. On the other palm Uber CEO, Travis Kalanick talked at length about how precisely he feels that dealing with people honestly and offering them joy and sooth through your services would be beneficial for the business enterprise.

There were other distinctive Indian startup CEOs present at the event like Snapdeal Founder, Kunal Bahl, Bhavish Aggarwal, CEO of OLA, YourStory Founder Shradha Sharma, Vijay Shekhar Sharma of Paytm and ESCUCHO Rooms’ Ritesh Agarwal to name a few. DIPP Secretary Mr. Amitabh Margen moderated a panel debate of Secretaries of all major government departments, in which the bureaucrats took questions from the audience and guaranteed their department’s support to the beginning Up India initiative.

With such a wonderful outlook towards startup companies and the government’s desire to bolster startup development and growth and provide hindrance support is a much welcome change from the sooner regimes. Privately, I love the story that no interference from government for startups which will go a long way in cutting the red tape the new venture world was beginning to entangled into. Hopefully, we will see more progressive startups rise to the occasion and as the honorable PM said, “Hindustan mein koi aisa zila na ho, aisa prevent na ho jahan koi fish startup na shuru ho. ‘Start up India, Fully stand up India. ”

With a little push and federal government support, Indian startups have the potential to achieve something colossal and “Startup India” is merely a tiny step in this long voyage.