"START-UPS: The way forward"
April 2015

“START-UPS: The way forward”

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start-ups

Coming up with something new, launching something new always feels fantastic. Especially when it comes to learning from start-ups, new business ventures are creating jobs and helping the country. There is a lot to learn from these risk takers, and therefore digitalLEARNING is introducing a new monthly section on start-ups from April 2015. We want you to grow as an entrepreneur, help others, and give stimulus to development of the Indian startup ecosystem. This section will feature success stories, interviews and how the start-ups make their way to become the brand with sheer hard work and business strategies.

“India is not simply emerging, it has emerged”, said Barack Obama and startups in India are booming every year. Experts in all fields, especially education, are unanimous in echoing that the entrepreneurship ventures and innovations are the need of the hour. The environment for start-ups is very conducive in the country, and beaming with energy. Infosys has set aside funds worth Rs 750 Cr for startups from India, Israel and USA. Accel Partners, the globally renowned VC fund known for backing companies like Facebook, Dropbox and others in the valley and Flipkart, BookMyShow and others in India have launched their new India fund, Accel India IV, a $305mn fund, dedicated to invest in very early stage of Indian startups and to work closely with the Indian entrepreneurs to help build their businesses from the earliest days. NASSCOMM’s ambitious tech startup program aims to enable 10000 Start-ups in India by 2023. Reliance Industries said it has mentored 11 start-ups from diverse sectors as part of an accelerator programme launched jointly with Microsoft Ventures late last year.

In this backdrop, digitalLEARNING wants to be the right platform for entrepreneurs, businessmen, industry experts and stakeholders to be well-informed and networked in connection with what’s happening in the industry, future vision, challenges, and all that matters to be there as a start-up. What is to be remembered is that every corporate giant had started their journey as a start-up and made their way from there. Also, Technology startups are deriving innovative ways to tap into the resources of profitable small and medium enterprises (SMEs). Convinced that startups in India are the next big thing,we need to understand the businesses that are loading the Indian startup sector with confidence, and the people who are making it happen.

BOOMING START UPS MARKET

  • $5 billion invested in Indian startups in 2014
  • Venture capital investors plan $2 billion new funds for Indian start-ups
  • Infosys has assigned Rs 750 Cr for startups from India, Israel and USA
  • Accel Partners has launched $305M fund to invest in early stage Indian startups
  • NASSCOM aims to enable 10000 Start-ups in India by 2023
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