Empowering the Avant-Garde Startupreneurs & Their Envisioned Success
A few years back anything that was just a dream; today it is a reality and all thanks to startups and their innovative ideas that have changed the course of thinking. Although, currently the weather forecast of startup world is windy facing the prolonged funding winter period, yet we witnessed a ray of hope with 2 unicorns InCred & Zepto. With these two unicorns in the startup basket, startupreneurs are taking inspiration and burgeoning to transform startup eco-system from pro-profit eco-system to pro-benefit eco-system. With all the initiations by value adders from high authorities to entrepreneurs to startupreneurs the startup eco-system will churn out good results to win back the position in the global ranking.
India is the 3rd largest startup eco-system which is a home for 1,12,718 recognized startups, 110+ unicorns and among these startups India has 48% startups represented by women entrepreneurs. Every year ‘National Startup day’ is observed to boost confidence of young minds and their young ideas to foster change and innovation. Parallel to ‘National Youth Day, this day is celebrated to make better future for the country by encouraging the youth to be rightful, dutiful and merciful. In addition, high authorities, multi-platform support, government, well established companies, VCs, angel investors, and founders all are in the mission with a strong vision to percolate startup eco-system and promote adaptability, technology and sustainability.
It is very important not to waste a single moment as PM Narendra Modi has envisioned Vikshit Bharat @2047. “Today the goal of the country is Vikshit Bharat, Sashakt Bharat! We cannot stop until this dream of a developed India is fulfilled”, asserted PM Narendra Modi.
The Voice of the Pioneers on National Startup Day
Dharmendra Pradhan, Minister of Education of India said in his post, “I extend my greetings to all the entrepreneurs and tech-leaders who are innovating for India and innovating from India. The creative, innovative and entrepreneurial pursuit of New India is admirable for the world. Eight years of Startups under the leadership of PM Narendra Modi has fuelled dreams, catalyzed opportunities and transformed India into a global start-up hub”.
Rajeev Chandrashekar, Minister of State for Skill Development and Entrepreneurship of India said in his post, “PM Narendra Modi has laid out his vision of Vikshit Bharat @2047 and I am confident that Indian startups will be succeeding at a scorching pace in every area of tech. As we mark National Startup Day 2024 we look towards the new wave which will be driven by startups in deepTech, AI, HPC, Quantum, Semiconductors, Web3 and more.
Shri Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, Textiles, and Leader of the House, Rajya Sabha mentioned in his post, “Celebrate innovation & entrepreneurship on National Startup Day with VESIT E-Cell! On this day we pay tribute to the hardwork & dedication that goes behind ideas that change the world. Let’s unite & experience an event with a golden opportunity to connect, learn & expand. On National Startup Day, I attended the National Startup Awards that is giving recognition to the immense talent of our budding entrepreneurs and released the States' Startup Ranking that is enhancing the spirit of competitive & cooperative federalism and enabling startups to prosper. Reaffirmed Modi Govt’s commitment to empower startups & encouraged stakeholders to aim big & seize the immense growth opportunities New India offers”.
Amitabh Kant, Former CEO, NITI Aayog stated in his post, “Celebrating national Startup Day 2024. In 8years of Startup India, a quantum jump from 400 to 1.18 lakh startups under Narendra Modi’s vision is a testament to our innovative spirit. India proudly stands as the world's third-largest startup ecosystem, with over 1,12,718 recognized startups showcasing the versatility and depth of Indian innovation and transforming the Indian economy. With 111 unicorns and counting, we're not just an economy, we're a startup revolution! All credit to the young minds turning India into global entrepreneurship powerhouse!
Manish Sharma, Chairman, Panasonic Life Solutions India & SA stated in his post, “8 years of Startup India that brought a transformative change to our startup ecosystem. Beyond fostering entrepreneurship, it created more opportunities to bridge the gaps between rural and urban aspirations. As we continue to rise to become the global startup hub for the world, we can only anticipate groundbreaking opportunities coming our way”.
Smriti Irani, Member of the Lok Sabha commented in her post, “Celebrating the Entrepreneurial Spirit of Nari Shakti on National Startups Day 2024. With 45% of our startups being led by women entrepreneurs, India's ascent as a global startup powerhouse is unstoppable”.
Samir K Modi, Founder, Modicare India wrote in his post, “The greater the risk and conviction, the greater the reward. On National Startup Day, I am very optimistic that the Indian startup ecosystem has just witnessed the tip of the iceberg, and a plethora of opportunities is waiting. Amid a commendable annual growth rate of 12-15%, let's continue to pioneer innovative solutions”.
While navigating various challenges, Indian Startups are remarkably striding for growth and development by expanding strategies wisely, leveraging every support effectively and unlocking good opportunities by attracting investors and experts from all corners of the world.
Investment & support from various ends is leading the way-
The Indian Railways launched ‘Startups for Railways’ focusing on the goal of emphasizing innovations generated by Indian entrepreneurs & implementing them to improve operational efficiency and safety in terms of Indian Railways. Today, the Indian Railways is proudly celebrating 1251 registered entities towards innovations.
IIM Bangalore – NSRCEL, the startup hub at IIM Bangalore, has served as the guiding light, providing tailored programs for various industries and spearheading initiatives for women, student entrepreneurs, and others. Nurturing creators and startups, it has incubated over 1400 in 23 years. Cumulatively, these startups have raised funding worth ₹3,494 crore, with 21 percent of them securing funding. Stepping into 2024, NSRCEL remains committed to achieving even greater milestones, shaping India's entrepreneurial spirit with anticipation. We look forward to a year filled with challenges, opportunities, and the unwavering belief that every entrepreneurial dream is within reach with NSRCEL.
Microsoft for Startups is a platform that accelerates innovation discovered by SaaS Startups by rendering services like accessing industry leading AI, ensuring expert guidance and stooping to bestow the required technology to build future-proofed startups. In order to boost the growth and development of any startup, Microsoft for Startups is blowing away many startup founder's expectations through their excellent services and tools.
The Best Private Bank in the World, J.P. Morgan’s Private Bank chaperones startups. "We remain committed to innovation and enhancing our capabilities while delivering exceptional outcomes for our clients”, says David Frame, U.S. CEO of J.P. Morgan Private Bank. J.P. Morgan’s Private Bank is thoroughly committed to being the leading bank for founders, startups, investors, and high-growth companies.
As a whole, things have changed a lot and in the near future there will be more disruptive transformation witnessed in every sector giving birth to more variations and opportunities. India’s startup landscape is consistently unwavering potentiality. Ideas are unique, investments are multiplied and a strong support and guidance from great mentors is granted, the dawn of startups seems to be colorful yet calculative. As the funding drastically dropped in 2023, it is very important to be mature and diverse in order to excel in broader range of industries and sectors represented. In order to have best chance of success, it is mandatory to have strong vision with high-end technology and an effective model applicable for building high-performance business solutions. A startup and its services should be so unique that it should not just be noticed by the local clients in fact it should resonate with worldwide clients.
.jpg "Heena Kousar, Assistant Managing Editor")
To vision the mission it is important to envision the success and foresee the errors
India is the 3rd largest startup eco-system which is a home for 1,12,718 recognized startups, 110+ unicorns and among these startups India has 48% startups represented by women entrepreneurs. Every year ‘National Startup day’ is observed to boost confidence of young minds and their young ideas to foster change and innovation. Parallel to ‘National Youth Day, this day is celebrated to make better future for the country by encouraging the youth to be rightful, dutiful and merciful. In addition, high authorities, multi-platform support, government, well established companies, VCs, angel investors, and founders all are in the mission with a strong vision to percolate startup eco-system and promote adaptability, technology and sustainability.
It is very important not to waste a single moment as PM Narendra Modi has envisioned Vikshit Bharat @2047. “Today the goal of the country is Vikshit Bharat, Sashakt Bharat! We cannot stop until this dream of a developed India is fulfilled”, asserted PM Narendra Modi.
The Voice of the Pioneers on National Startup Day
Dharmendra Pradhan, Minister of Education of India said in his post, “I extend my greetings to all the entrepreneurs and tech-leaders who are innovating for India and innovating from India. The creative, innovative and entrepreneurial pursuit of New India is admirable for the world. Eight years of Startups under the leadership of PM Narendra Modi has fuelled dreams, catalyzed opportunities and transformed India into a global start-up hub”.
Rajeev Chandrashekar, Minister of State for Skill Development and Entrepreneurship of India said in his post, “PM Narendra Modi has laid out his vision of Vikshit Bharat @2047 and I am confident that Indian startups will be succeeding at a scorching pace in every area of tech. As we mark National Startup Day 2024 we look towards the new wave which will be driven by startups in deepTech, AI, HPC, Quantum, Semiconductors, Web3 and more.
Shri Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, Textiles, and Leader of the House, Rajya Sabha mentioned in his post, “Celebrate innovation & entrepreneurship on National Startup Day with VESIT E-Cell! On this day we pay tribute to the hardwork & dedication that goes behind ideas that change the world. Let’s unite & experience an event with a golden opportunity to connect, learn & expand. On National Startup Day, I attended the National Startup Awards that is giving recognition to the immense talent of our budding entrepreneurs and released the States' Startup Ranking that is enhancing the spirit of competitive & cooperative federalism and enabling startups to prosper. Reaffirmed Modi Govt’s commitment to empower startups & encouraged stakeholders to aim big & seize the immense growth opportunities New India offers”.
Amitabh Kant, Former CEO, NITI Aayog stated in his post, “Celebrating national Startup Day 2024. In 8years of Startup India, a quantum jump from 400 to 1.18 lakh startups under Narendra Modi’s vision is a testament to our innovative spirit. India proudly stands as the world's third-largest startup ecosystem, with over 1,12,718 recognized startups showcasing the versatility and depth of Indian innovation and transforming the Indian economy. With 111 unicorns and counting, we're not just an economy, we're a startup revolution! All credit to the young minds turning India into global entrepreneurship powerhouse!
Manish Sharma, Chairman, Panasonic Life Solutions India & SA stated in his post, “8 years of Startup India that brought a transformative change to our startup ecosystem. Beyond fostering entrepreneurship, it created more opportunities to bridge the gaps between rural and urban aspirations. As we continue to rise to become the global startup hub for the world, we can only anticipate groundbreaking opportunities coming our way”.
Smriti Irani, Member of the Lok Sabha commented in her post, “Celebrating the Entrepreneurial Spirit of Nari Shakti on National Startups Day 2024. With 45% of our startups being led by women entrepreneurs, India's ascent as a global startup powerhouse is unstoppable”.
Samir K Modi, Founder, Modicare India wrote in his post, “The greater the risk and conviction, the greater the reward. On National Startup Day, I am very optimistic that the Indian startup ecosystem has just witnessed the tip of the iceberg, and a plethora of opportunities is waiting. Amid a commendable annual growth rate of 12-15%, let's continue to pioneer innovative solutions”.
While navigating various challenges, Indian Startups are remarkably striding for growth and development by expanding strategies wisely, leveraging every support effectively and unlocking good opportunities by attracting investors and experts from all corners of the world.
Investment & support from various ends is leading the way-
The Indian Railways launched ‘Startups for Railways’ focusing on the goal of emphasizing innovations generated by Indian entrepreneurs & implementing them to improve operational efficiency and safety in terms of Indian Railways. Today, the Indian Railways is proudly celebrating 1251 registered entities towards innovations.
IIM Bangalore – NSRCEL, the startup hub at IIM Bangalore, has served as the guiding light, providing tailored programs for various industries and spearheading initiatives for women, student entrepreneurs, and others. Nurturing creators and startups, it has incubated over 1400 in 23 years. Cumulatively, these startups have raised funding worth ₹3,494 crore, with 21 percent of them securing funding. Stepping into 2024, NSRCEL remains committed to achieving even greater milestones, shaping India's entrepreneurial spirit with anticipation. We look forward to a year filled with challenges, opportunities, and the unwavering belief that every entrepreneurial dream is within reach with NSRCEL.
Microsoft for Startups is a platform that accelerates innovation discovered by SaaS Startups by rendering services like accessing industry leading AI, ensuring expert guidance and stooping to bestow the required technology to build future-proofed startups. In order to boost the growth and development of any startup, Microsoft for Startups is blowing away many startup founder's expectations through their excellent services and tools.
The Best Private Bank in the World, J.P. Morgan’s Private Bank chaperones startups. "We remain committed to innovation and enhancing our capabilities while delivering exceptional outcomes for our clients”, says David Frame, U.S. CEO of J.P. Morgan Private Bank. J.P. Morgan’s Private Bank is thoroughly committed to being the leading bank for founders, startups, investors, and high-growth companies.
As a whole, things have changed a lot and in the near future there will be more disruptive transformation witnessed in every sector giving birth to more variations and opportunities. India’s startup landscape is consistently unwavering potentiality. Ideas are unique, investments are multiplied and a strong support and guidance from great mentors is granted, the dawn of startups seems to be colorful yet calculative. As the funding drastically dropped in 2023, it is very important to be mature and diverse in order to excel in broader range of industries and sectors represented. In order to have best chance of success, it is mandatory to have strong vision with high-end technology and an effective model applicable for building high-performance business solutions. A startup and its services should be so unique that it should not just be noticed by the local clients in fact it should resonate with worldwide clients.
