Indian financing must drive startup movement, can't depend on foreign funds: Kant
Indian startup movement must be driven by Indian financing and cannot depend on foreign funding, G20 Sherpa Amitabh Kant said on Thursday. While speaking at the CII Unicorn Summit, Kant said the nation needs to create a fund of funds to support young deep tech startups. He said unicorns are national assets to the country.
- Country:
- India
Indian startup movement must be driven by Indian financing and cannot depend on foreign funding, G20 Sherpa Amitabh Kant said on Thursday. While speaking at the CII Unicorn Summit, Kant said the nation needs to create a fund of funds to support young deep tech startups. He said unicorns are national assets to the country. Startups should focus on corporate governance for growth, otherwise, they will land up in a debacle, Kant added. He also said women are outperforming men in every single walk of life, and if India wants to be a USD 35 trillion economy by 2047, it cannot do so without women.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Indian
- G20 Sherpa
- Kant
- Amitabh Kant
- India
ALSO READ
Gopi Thotakura to become 1st Indian space tourist
Indian-Americans Bhatia, Theegala ensure weekend action, Woods sets cuts record at Augusta
New Zealand plans to celebrate centenary of 1926 Indian Army hockey team tour to NZ: Envoy
Amit Panghal returns to Indian squad for last boxing Olympic qualifiers
Indian Army marks 4 decades of presence in Siachen glacier