IPO Drive Start-Up Revolution In India 

IPO Drive Start-Up Revolution In India 

Digitization is a motivation for the start-ups in India.


IPO Drive Start-Up Revolution In India 

Indian Economy is gaining a wide significance with its digitization drive. Over the last couple of years, India has seen great development in this sector. Digitization is a motivation for the start-ups in India. IPO will help in driving the start-up revolution in the nation as said by Amitabh Kant the CEO of Niti Aayog. He addressed the nation through a virtual event arranged by Innovation Venturing and Entrepreneurship in India Network.

In the listing of 17 economies, India has occupied the second-fastest position in the category of digitization. 

According to him, the start-ups in India can draw capital in the Indian market from the public of India itself. Obviously, such a desperate move can label the country as the Atma Nirbhar Bharat. 

Certainly, his statements hold great relevance. And it can be seen how Zomato made a stunning entry in launching bourses. The best part is that they have reached a profit of 66 percent profit which is against the issued price money of Rs 76

As per Mr. Kant, the initial public offering of Zomato had a subscription which is 38 times more than last time. He stated that in a country like India with people from different cultures and languages, it is important to reach the door of 1.3 billion residents at a time. And that is fairly possible when the advertisements are made in different types of languages. 

Kant optimistically added Covid Pandemic has certainly opened the closed door for the start-ups. It is because start-ups have started to level up the technology and that is definitely leveraging the society on the whole. 

He also stated that to manufacture top-class products, proper input is anticipated from AI. For that the entire curriculum needs remodeling and that would be able to generate learned AI designers and Scientists. In addition to that, he said that failure would be there and that is a significant part of the whole process. Every Indian citizen and investor has to comprehend this thing very seriously. 

Mr. Kant added that India is probably the best country that can provide adequate space, size, and data to any start-up. From his observation, he stated that accurate data sets offer the privilege to use ML and AI in various sectors like Agriculture, education, and health. In the meantime, the co-founder of Infosys, Mr. GopalaKrishnan, added in an event that sufficient investment has to be made in the field of research. 

He also stated that India needs to have different types of investors with the willingness to invest not bound by any time horizons. They should have an understanding of the root level of the technology. To this, he added the example of the Biotechnology department, which did exemplary research in startup seeding during the periods of a pandemic. 

Indian Economy is gaining a wide significance with its digitization drive. Over the last couple of years, India has seen great development in this sector. Digitization is a motivation for the start-ups in India. IPO will help in driving the start-up revolution in the nation as said by Amitabh Kant the CEO of Niti Aayog.

He addressed the nation through a virtual event arranged by Innovation Venturing and Entrepreneurship in India Network. In the listing of 17 economies, India has occupied the second-fastest position in the category of digitization. 


Edited By Team CLIQTAX

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