PM Modi recently visited Silicon Valley with an agenda to promote his futuristic goal of a Digital India. During his landmark visit, he attended the “India-US Startup Konnect 2015” exposition that displayed more than 35 Indian companies representing the strength of the Indian startup ecosystem, across a variety of industries including agriculture, healthcare, energy, finance, and biotechnology. Several leading technology incubators from India were also in attendance. The Prime Minister communicated a vision of “Start up India, Stand up India” and this day-long event on September 27, 2015 … [Read more...]
India’s New Avatar: Startup Nation
India has a new avatar. It is no longer just a back-office for software development by a pool of talented engineers or a hub for business processing outsourcing. India is fast becoming the darling for global investors, as hot new startups spring up across the nation. Market conditions are now ripe in India for start-ups. The middle class has rapidly expanded, smart phone usage is cheap and ubiquitous, the educated masses are hooked to the internet, and the population is young (more than 50% of India's population is below the age of 25 and more than 65% below the … [Read more...]
