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Startup India, Standup India agenda: All you wanted to know in 10 points about Jan 16 event

Fri January 15 2016, 5:33 pm
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    12. Start-up India: PM Narendra Modi said the relaxed norms for public procurement will give start-ups an equal platform vis-a-vis experienced entrepreneurs or companies. (Reuters photo)

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    1. “On August 15, I had made an initial mention of ‘Start-Up India Stand Up India’. After that it has been discussed in all government departments. Can India become the start-up capital of the world? On January 16, the government will launch the full action-plan of ‘Start-up India Stand Up India’. I will come before you to discuss this in detail and would welcome your suggestions,” Narendra Modi had said. (Reuters)

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    2. The Startup India, Standup India initiative is not just about the IT or digital world, but an effort to assist people starting new business ventures, especially those that are involved innovation. (Reuters)

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    3. The unveiling of a work plan on the Startup India, Standup 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. (Reuters)

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    4. 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 at the Startup India, Standup India event. (Reuters)

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    5. The Startup India, Standup India 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. (Reuters)

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    6. The proposed one-day brain-storming session for Startup India, Standup India event on Saturday will have a dedicated panel discussion on ‘Inspirations From Silicon Valley’, to be moderated by IDG Ventures India founder chairman Sudhir Sethi. (Reuters)

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    7. Also set to particpate in this Startup India, Standup India discussion are 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. (Reuters)

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    14. Start-up India: PM Narendra Modi said the credit guarantee fund for start-ups would help flow of venture debt from the banking system to start-ups by standing guarantee against risks. (Reuters photo)

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    9. 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 Startup India, Standup India event. (Reuters)

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    10. In the Startup India, Standup India meet, 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. (Reuters)

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