54 Unicorns of India Meet Piyush Goyal, Discussed The Plan To Form Startup Club of India
Paytm founder Vijay Shekhar Sharma said that it was discussed in the meeting and a plan was made to establish Startup Club of India. The club can jointly raise various issues on other platforms including the government to improve the startup ecosystem in the country.
Met Commerce and Industry Minister Piyush Goyal among the 54 unicorns of India. During this, the development of the startup ecosystem, the role of domestic capital in nurturing and expanding startups and India's position in the international startup scenario were discussed. The meeting between the minister and the unicorn lasted for about four hours. Let us tell you, currently there are 111 unicorns in the country.
Plan to create a startup club
Paytm founder Vijay Shekhar Sharma said that it was discussed in the meeting and a plan was made to establish Startup Club of India. The club can jointly raise various issues on other platforms including the government to improve the startup ecosystem in the country. This is a better effort. At the same time, Easy My Trip co-founder Rikant Pitti, Droom founder Sandeep Aggarwal, Zomato founder Deepinder Goyal, Boat founder Aman Gupta along with many successful unicorns like Flipkart, Swiggy, Oyo, PhonePe and Zerodha attended the meeting. .
Streamline company law matters
Pitti said after the meeting that such marathon meetings happen occasionally and should happen. We discussed a range of issues including domestic capital versus international capital and how to strengthen startup ecosystem in the country. We discussed the challenges ahead. At the same time, Sandeep said that we have requested that the Minister should streamline the company law matters related to startups. Apart from this, the topic of capital was also discussed in detail. He says that startups are not only developing technology but also creating employment on a large scale. This will strengthen the economic development of the country.
By 2025 the number of unicorns will be more than 150
India ranks third in the world in the number of unicorn startups after America and China. The number of unicorn startups in India is currently more than 100. Moreover, these are increasing. Whenever the valuation of a startup exceeds one billion dollars (about Rs 8,300 crore), it is called a unicorn startup. It is expected that by 2025 the number of unicorn startups in India will be more than 150.
Total capital of Indian startups is 150 billion dollars.
The total capital of Indian startups is estimated to exceed $300 billion by 2030. Currently it is around 150 billion dollars.
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