Prime Minister Narendra Modi in the year 2022 announced January 16 as the National Startup Day to promote entrepreneurship and businesses. The same year India celebrated the first National Startup Day. The day is marked to encourage the spirit of entrepreneurship and promote achievements of Indian startups. The PM had called startups as the backbone of the ‘new India’. On the second National Startup Day, here’s what founders of some prominent Indian startups have to say:
Aakrit Vaish, CEO and co-founder at Jio Haptik
Every part of the nation is experiencing a surge in tech penetration, and every form of organization is transitioning to a digital-first model. Technology and digital were considered just exciting topics till a few years ago, but now we see major adoption of tech everywhere. The National Startup Day is not only an opportunity to celebrate the groundbreaking ideas of entrepreneurs and inspire budding startups but it also encourages and uplifts the entire community. The times to come will be highly intriguing given the vast future potential available and the number of entrepreneurs stepping forward to seize those opportunities.
Vikas Jain co-founder World of PLAY
The wearable market has recorded immense growth in the last few years. According to GlobalData’s latest report, the global wearable technology market is expected to register a CAGR of 19% from $22 billion in 2018 to $54 billion in 2023, which is attributed to the growing demand for multimedia devices and smartphones, as well as rapid adoption of health-based devices, especially fitness trackers. In this category, smartwatches are leading the charts with the highest adoption among young consumers.
Nishith Rastogi, Founder, and CEO, Locus
“National Startup Day is a reminder of the boundless potential of entrepreneurship to create employment, drive meaningful innovation, and enable strong economic growth for the progress of our nation. Being an entrepreneur myself, I am extremely grateful for the tireless support extended by the government to the ecosystem. It motivates entrepreneurs to pursue relentless innovation with grit and determination. I believe the government’s visionary initiatives, such as Digital India, are ideal launchpads for Indian entrepreneurs to keep pushing boundaries to make a difference.
Poshak Agrawal, co-founder, Athena Education
Big businesses start small—a universally known adage in the startup ecosystem upheld by successful entrepreneurs and businessmen. The Indian government’s recent initiatives remind us of the boundless potential our entrepreneurs, innovators, industry executives, and leaders have to raise the bar for India as an innovation hub.
Aakrit Vaish, CEO and co-founder at Jio Haptik
Every part of the nation is experiencing a surge in tech penetration, and every form of organization is transitioning to a digital-first model. Technology and digital were considered just exciting topics till a few years ago, but now we see major adoption of tech everywhere. The National Startup Day is not only an opportunity to celebrate the groundbreaking ideas of entrepreneurs and inspire budding startups but it also encourages and uplifts the entire community. The times to come will be highly intriguing given the vast future potential available and the number of entrepreneurs stepping forward to seize those opportunities.
Vikas Jain co-founder World of PLAY
The wearable market has recorded immense growth in the last few years. According to GlobalData’s latest report, the global wearable technology market is expected to register a CAGR of 19% from $22 billion in 2018 to $54 billion in 2023, which is attributed to the growing demand for multimedia devices and smartphones, as well as rapid adoption of health-based devices, especially fitness trackers. In this category, smartwatches are leading the charts with the highest adoption among young consumers.
Nishith Rastogi, Founder, and CEO, Locus
“National Startup Day is a reminder of the boundless potential of entrepreneurship to create employment, drive meaningful innovation, and enable strong economic growth for the progress of our nation. Being an entrepreneur myself, I am extremely grateful for the tireless support extended by the government to the ecosystem. It motivates entrepreneurs to pursue relentless innovation with grit and determination. I believe the government’s visionary initiatives, such as Digital India, are ideal launchpads for Indian entrepreneurs to keep pushing boundaries to make a difference.
Poshak Agrawal, co-founder, Athena Education
Big businesses start small—a universally known adage in the startup ecosystem upheld by successful entrepreneurs and businessmen. The Indian government’s recent initiatives remind us of the boundless potential our entrepreneurs, innovators, industry executives, and leaders have to raise the bar for India as an innovation hub.
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