Unicorns met with Piyush Goyal, plans to arrange ‘Startups Membership of India’

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Unicorns met with Piyush Goyal, plans to arrange ‘Startups Membership of India’

NEW DELHI: In a first-of-its-kind assembly, 54 out of the 111 Unicorns of India met with Commerce and Trade Minister Piyush Goyal on Wednesday.
The dialogue targeted on the expansion trajectory of the Indian startup ecosystem, the position of home capital in nurturing and scaling startups and India’s place within the worldwide startup panorama.
Unicorns deliberate to arrange Startup Membership of India which may collectively increase points with the federal government and on different platforms to enhance the startup ecosystem within the nation.
Vijay Sekhar Sharma, Founding father of Paytm, mentioned, “An thought was floated by the Minister to make a membership of unicorns or affiliation of startups, which was a good suggestion and we are going to attempt to make a membership of unicorns or affiliation of startups. With the affiliation of startups, we will additionally give you many options, like connecting with bankers and buyers to get entry to capital.”
Rikant Pitti, co-founder of EaseMyTrip; Sandeep Aggarwal, founding father of Droom; Vijay Sekhar Sharma, founding father of Paytm; Deepinder Goyal, founding father of Zomato; Aman Gupta, co-founder of BoAt; and representatives from different unicorns like Flipkart, Phonepe, Swiggy, OYO, and Zerodha had been within the assembly, which lasted greater than 4 hours.
After the marathon assembly, Rikant Pitti mentioned that such conferences occur infrequently and mentioned “We mentioned home capital versus worldwide capital and how you can deepen the startup ecosystem within the nation. We mentioned the challenges we face. All of the founders of Unicorns have made options to the minister. I belong to the journey business and just lately we began a marketing campaign ‘nation first, enterprise later’, we mentioned that as properly.”
Sandeep Aggarwal mentioned that the dialogue was for our entrepreneurial group. “We request that the Minister clean out the corporate legislation issues associated to startups. The second situation was capital entry; how can we enhance capital entry in tier 3 cities? and a few tax points had been mentioned broadly. The minister was very receptive to our options,” mentioned Aggarwal.
These startups aren’t solely creating modern options and applied sciences however are additionally producing large-scale employment and contributing to the expansion of the nation.
The unicorns are gaining significance in India’s development narrative as they’re taking the Indian startup story world and attracting buyers from throughout the globe to put money into Indian startups.
Smita Deorah, co-founder of Lead Faculty, mentioned, “It was very enriching that the federal government was open to taking our concepts or inputs. It additionally offers us quite a lot of hope as we construct our companies for India to construct and develop.”
Sanjiv, Joint Secretary, DPIIT, mentioned, “The aim of this assembly was to enhance the startup ecosystem of the nation. Unicorn founders are nice mentors. We received options from them. With their mentorship, we need to construct the number-one startup ecosystem on this planet.”