Sunday, January 26, 2025

India’s Startup Ecosystem Gets Boost with New Policy Forum by Shweta Rajpal Kohli

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Former Peak XV executive Shweta Rajpal Kohli announced Startup Policy Forum (SPF) and it marks an exciting chapter for the Indian startup ecosystem. The initiative is scheduled to be launched on January 16 on the occasion of National Startup Day. It is a timely response to the unique challenges that Indian founders face in navigating policy as well as regulatory arena. The SPF is learned to create a cohesive and supportive environment for innovation to thrive in the country.

The forum mainly to focus on bridging the gap between vibrant energy of startups and often complex policy as well as complex governance. It is starting with 100 startups and onboarding 30 core members including CRED, Razorpay, Pine Labs, Swiggy and Bluestone. It brings together some of most innovative companies of India and their blend with emerging players reflects its ambition to address a diverse range of issues across sectors.

The creation of dedicated councils within the SPF for fintech, emerging technologies, consumer commerce and public companies gives a gesture of a tailored approach in handling industry-specific challenges. All of them are set to guide its efforts and such a comprehensive setup demonstrates a clear understanding of the nuanced support that the startups need.

The backing of government has also added weight to the potential impact of the forum. The support of Union Minister Piyush Goyal highlights alignment of the initiative with India’s vision of “Viksit Bharat” by 2047. His acknowledgment of startups as drivers of transformative change highlights their role in reshaping India’s economy.

The leadership of Shweta Rajpal Kohli brings a strong vision to the endeavor.

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