By Vikram Pawar
Indian Startup Ecosystem is bustling with innovative concepts – a combination of tech and non-tech start-ups. The most visible challenges for these start-ups are go-to-market strategies and scaling-up. With the Modi government promoting Make In India, its time they mandate all Govt establishments to use the innovative technologies the start-ups have created. Another way the government can give a fillip to the start-up ecosystem is to invite young, budding entrepreneurs for a public-private partnership to address some of the pressing issues affecting the common man. The setting up of an Rs. 10,000 Crore Fund of Funds and establishing an India start-up fund of Rs. 1,000 crore for technology start-ups will go a long way in fuelling the image of Make in India in true spirits and promote the start-up ecosystem with the faith that Government is a partner in innovation. Relaxation in regulation for foreign VC firms to invest in Indian start-ups will further boost tech start-ups.
Other expectations:
(Vikram Pawar is the Cofounder and CEO of Techchefs)