Moneycontrol Startup Conclave 2024: A landmark event for India’s startup ecosystem
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3 months ago 03:48:48pm Television

Moneycontrol Startup Conclave 2024: A landmark event for India’s startup ecosystem

New Delhi, 14-August-2024, By IBW Team

Moneycontrol

The Moneycontrol Startup Conclave 2024, held at ITC Gardenia in Bengaluru, emerged as a pivotal event, drawing significant attention from policymakers, investors, and entrepreneurs. Themed ‘Persist | Reset | Rebuild,’ the conclave underscored the resilience and innovation fueling India’s dynamic startup ecosystem.

The conclave served as a vital platform for discussions on the future of startups in India, emphasizing the nation’s role as a burgeoning hub for entrepreneurial excellence. The event facilitated robust dialogue among key stakeholders, paving the way for strategic partnerships and collaborative efforts aimed at shaping the future of the startup landscape.

• Government Support and Vision: Priyank Kharge, Minister of Electronics, IT & BT and Rural Development & Panchayat Raj, Government of Karnataka, highlighted the state’s commitment to nurturing the startup ecosystem. “Karnataka is at the forefront of innovation, with our government dedicated to supporting startups through progressive policies and world-class infrastructure,” Kharge stated.
• Economic Growth Through Startups: Amitabh Kant, India’s G20 Sherpa, emphasized the crucial role of startups in driving economic growth. “The future of India’s economy hinges on the success of our startups. Their innovative solutions and job creation capabilities are central to our national progress,” Kant noted.
• Insightful Panel Discussions: The event featured engaging panels with prominent entrepreneurs such as Aadit Palicha (Zepto), Sriharsha Majety (Swiggy), Sanjay Nayar (Sorin Investments), Sahil Barua (Delhivery), Sameer Nigam (PhonePe), Ankit Nagori (Curefoods), Lalit Keshre (Groww), Aloke Bajpai (Ixigo), and Sumer Juneja (SoftBank Investment Advisers). Topics discussed ranged from quick commerce and workspace evolution to fintech innovations and AI’s future in startups.
• Transforming Healthcare: Dr. Devi Shetty, Founder and Chairman of Narayana Health, discussed the transformative impact of startups on healthcare. “Startups are revolutionizing the healthcare sector, making it more accessible and affordable. Their contributions in the next decade will be groundbreaking,” Shetty remarked.
• Investment Strategies: Sumer Juneja, Managing Partner of SoftBank Investment Advisers, spoke on the firm’s focus on India. “India has proven to be an exceptional market for us, and we are keen on identifying the next generation of visionary leaders who will drive future innovation,” Juneja stated.
• Quick Commerce Trends: Sriharsha Majety addressed the evolving dynamics of quick commerce in India. “We expect substantial shifts in the supply chain, impacting traditional retail. As we move towards our IPO, our focus remains on clear communication and long-term growth,” Majety said.
The conclave also featured significant participation from key partners, including IDFC FIRST Bank (Banking Partner), DTDC (Exclusive Logistics Partner), Peak XV (VC Partner), IndiQube (Workplace Partner), and other notable partners such as Games24x7, Share.Market, Adobe, Tally, Reliance India Limited, KITS (State Partner), Da Milano Italia (Luxury Partner), and Townhall (Event Technology Partner).
The Moneycontrol Startup Conclave 2024 stands as a testament to the resilience, innovation, and determination within India’s startup community. The event, which saw extensive in-person and live streaming participation, set the stage for future developments in the startup ecosystem.


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