29 May, 2019
Based on Prem Rajani’s quote on the General Elections results for 2019 shared with media publications, Inc42 has carried Prem Rajani’s quote in an article published on May 23, 2019, titled “The Indian Startup Ecosystem Lays Its Expectations At Re-Elected NDA Government’s Doors”.
The article discusses the BJP-led NDA government’s manifesto, achievements of this government in its first term, as well as expectations of the Indian startup ecosystem from NDA 2.0, the road ahead and views by different stakeholders of the ecosystem.
The following are the key points of the article:
- As announced in its manifesto, Modi 2.0 to create a INR 20,000 Cr Seed Fund
- The govt has also promised to form AI R&D Centre to boost ML and AI in the country
- Narendra Modi-led BJP outstand in the General Elections 2019 and is re-elected with full majority
- The Indian startup ecosystem is relying on Modi’s startup and tech-oriented manifesto
- The startups are expecting increased ease of doing business, the rise of fintech and more
The following is the quote by Prem Rajani, Managing Partner, Rajani Associates, in the article:
- Prem Rajani, Managing Partner, Rajani Associates shares that the introduction of the Insolvency and Bankruptcy Code (IBC), the establishment of the Real Estate Regulatory Authority (RERA), REITs and InvITs, the huge impetus towards Foreign Direct Investment (FDI) in India, policies and reforms for startups, revising the Indian ecommerce policies, among many other moves, has enabled the country to jump to a higher global economic standing.
The article also carries views by Siddhartha Gupta, CEO Mercer|Mettl, Anupam Jalote, CEO of International Centre for Entrepreneurship and Technology (iCreate), Arpit Agarwal, Principal, Blume Ventures, Harsh Shah, Cofounder, Fynd, Rakesh Soni, Cofounder & CEO, Login Radius, Pankit Desai, Cofounder & CEO, Sequretek, Harshil Mathur, Cofounder & CEO, Razorpay, Saahil Goel, Cofounder & CEO, Sameer Vakil, cofounder & CEO, GlobalLinker, Ajay Adiseshann, Founder & CEO, PayMate, Sampad Swain, Cofounder & CEO, Instamojo, Vineet Chaturvedi, Cofounder, Edureka, Saania Singh, cofounder, Zero Gravity Aesthetics LLP, Alok Mittal, Founder & CEO, Indifi Technologies, Anil Nagar, Founder & CEO, Adda247, Ronnie Screwvala, Cofounder & Chairman, UpGrad.
Prem Rajani, Partner, Rajani Associates
prem@rajaniassociates.net