Paytm founder Vijay Shekhar Sharma commends the government for its support of the startup ecosystem, emphasizing the positive impact of Prime Minister Narendra Modi’s leadership on entrepreneurial opportunities in India.
Speaking at the JITO Incubation and Innovation Foundation’s Innovation Conclave, Sharma praised the conducive environment created by the government for Indian startups to thrive and succeed. He highlighted the significant progress made under PM Modi’s guidance, noting the unprecedented opportunities available for entrepreneurs in the country.
India’s startup ecosystem, now ranked as the third-largest globally, is witnessing remarkable growth and fostering innovation among aspiring business owners. Sharma lauded the government’s initiatives to encourage startups to explore emerging technologies like artificial intelligence (AI), enabling them to develop groundbreaking ideas that enhance daily life.
During the event, Aadit Palicha, Co-founder of Zepto, shared his inspiring journey of transforming a local grocery venture into a Rs 30,000 crore company within three years. Reflecting on the rapid success of Zepto, Palicha expressed his belief that such entrepreneurial accomplishments are uniquely attainable in India.
The Innovation Conclave, themed Ideas to Impact: Cultivating Innovation and Entrepreneurship, attracted a diverse audience of angel investors, startups, unicorns, and international investors, providing a valuable platform for networking and collaboration.
In conclusion, the support and initiatives provided by the government under PM Modi’s leadership have fueled a thriving startup ecosystem in India, positioning the country for continued growth and success in the years ahead.
