Where is Indian StartUp Sector Heading?
Entrepreneur magazine|May 2021
Pandemic has been rough on all of us but one community in particular – India’s Startup businesses, bore the severe impact of it. Most startups had to shut shop owing to the lack of digital infrastructure and working capital. But some rose to the occasion and came out stronger than ever, setting benchmarks and optimizing opportunities that paved their way. The Startup Summit 2021 aimed to connects startups & innovators that build great companies, inspire creative thinking and create change in communities across the country. The virtual event took place on March 19, 2021 to celebrate the achievements of start-ups.
Where is Indian StartUp Sector Heading?

“We go to MI fans and ask them, if they are interested to open up a shop or wanting to become an entrepreneur and we support them with infrastructure, advertising, laptop and an internet connection.” Manu Kumar Jain, Global VP and MD, Xiaomi India

Developed In India, For the World: How Far Have We Come & the Path Ahead

An unprecedent rise in early-stage deals shows that Indian start-ups have what it takes to make for the world, says Vaibhav Domkundwar, CEO, Better Capital. Ashish Sharma, MD & CEO, Innoven Capital India, confirms the availability of capital. How far have we come, and how much more to traverse, share panelists, Amrit Acharya, CEO & Co-founder, Zetwerk; Nikhil Kamath CoFounder & CIO, Zerodha & True Beacon with Ritu Marya, Editor-in-Chief, Entrepreneur India and APAC.

The way forward for MSMEs; Are they ready for global foray?

Opportunities available here, some are still mulling overseas foray Says Acharya, “So the role that Zetwerk plays is, how can we offer large volumes and the flexibility of a large supplier by working with lots of small suppliers.Our solution helps buyers digitally visit suppliers and select them, inspect their factory, check how good the supply is and help with remote project management.”

“The smaller SMEs on boarded with us, have seen a 20% rise in revenues.”

This story is from the May 2021 edition of Entrepreneur magazine.

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