The unveiling of a work plan on the Start-up India programme on January 16 may well aim to build an eco-system to suit domestic conditions, but that doesn’t stop the government from letting local entrepreneurs draw lessons from Silicon Valley’s experience. The proposed one-day brain-storming session for Start-up India on Saturday will have a dedicated panel discussion on ‘Inspirations From Silicon Valley’, to be moderated by IDG Ventures India founder chairman Sudhir Sethi.
Shalini Govil Pai, senior director of Google and YouTube, Kanwal Rekhi, partner of Inventus Capital, Anand Rajaraman, founding partner of Milliways Ventures, Ram Reddy, founder of Global Industry Analyst Inc and Asha Jadeja Motwani, founder of DotEdu Ventures, will participate in this discussion.
As many as 14 sessions of discussions will be held throughout the day before Prime Minister Narendra Modi unveils the action plan on Saturday evening. Interactive sessions with eminent global business leaders, including SoftBank founder and chief executive Masayoshi Son, Uber founder Travis Kalanick and WeWork founder Adam Nuemann, will be a crucial part of the event, as the government expects around 40 top executives, start-up founders, venture capitalists and angel investors from the Silicon Valley to take part in or witness the series of discussions.
The who’s who of Indian start-ups and businesses — Flipkart founder Sachin Bansal, Snapdeal’s Kunal Bahl, Ola founder Bhavish Aggarwal, Paytm founder Vijay Shekhar Sharma, Shop Clues founder Radhika Agarwal, Oyo Rooms’ Ritesh Agarwal — will be in attendance. Secretaries from various departments will be a part of the discussions as well. The event will be inaugurated by finance minister Arun Jaitley, which will also be attended by commerce and industry minister Nirmala Sitharaman and minister of state for finance Jayant Sinha.
The action Plan is expected to include the definition of start-ups and various incentives to be extended to them to boost entrepreneurship. Commenting on the definition, a senior government official told FE that a start-up should be technology-driven and focus on innovation.