CNBC-TV18’s Global Leadership Summit (GLS) is setting the stage for an important dialogue on India’s entrepreneurial future. It is the 25th anniversary of the celebration and hosted at the Jio Convention Centre in Mumbai today, November 14, 2024. The summit is supported by HSBC India and Embassy REIT. It brings together some of India’s most influential startup founders.
The timing is perfect as the Indian startups are facing tough corrections following a rollercoaster period that soared to record highs in 2021. Many founders are now emerging stronger and more resilient. The recent economic challenges were their first real test and they are now looking to share the insights that helped them in navigating a rough period along with a new stability finding.
One important highlight of the summit will be a discussion with Nykaa founder and CEO Falguni Nayar and Mahindra Group CEO Dr. Anish Shah. Nayar calls for India’s right to win as it is the unique edge that Indian startups have in the global market. Nykaa and several more companies are already venturing abroad and the insights of Nayar in building Indian brands with global appeal are to inspire other startups.
Panel of founders is to focus on India-only business models to meet the needs of Indian consumers in unique ways. The panelists will talk about the potential to build massive companies that succeed by understanding and meeting nuances of India’s diverse consumer base.
The recent IPO of Swiggy adds another layer of excitement to the summit. Swiggy’s co-founder and CEO will discuss the journey to listing and the company’s promising future in the public market. Its IPO has rewarded investors and also unlocked value for its employees through an extensive ESOP program.