ET Startup Awards: ET Startup Awards 2024: Founders and investors praise ‘best congregation’

The Economic Times Startup Awards event in Bengaluru on Saturday hosted a lively exchange between startup innovators and policymakers. This is what attendees said.

GV Ravishankar, CEO, Peak XV Partners

ETtech

“This is the best congregation of the brightest and best in the industry. This is a reinforcement of the deepening markets in India and the opportunities ahead. We’re starting to see real-scale companies emerge, companies that will hopefully have billions in revenue, not just millions. Real value is created when companies like DeepinderWe will go public and create companies valued at $20 billion. “They are huge, but hopefully in 10 years we will see many more companies in that group.”

Ritesh Banglani, Partner, Stellaris Venture Partners

A06A8491 Ritesh Banglani, Stellaris (2)ETtech

“ETSA is the Met Gala of the startup social calendar; the one night of the year when founders and venture capitalists come together to toast our industry. Everyone is there because everyone else is there. Topics of conversation spanned from upcoming IPOs, demand from Indian family offices for private stocks, unseasonal rains in Bengaluru and availability of motorcycle spare parts. Totally nice!”Hari Menon, Co-Founder and CEO of BigBasket

“This time the event was really good, the content was excellent; it was planned much better despite the rains. The speakers did an amazing job. The most important thing for me about the event was that the minister (Ashwini Vaishnaw) said with the ” With the new railway route, the life of Bengalis will be easier. “Transportation is very important for this city.”

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TC Meenakshisundaram, Founder, Chiratae Ventures

ET Startup Awards It is the most anticipated event for the industry, including investors, startups and others. It has become an iconic event, with an excellent jury. This is a celebration of startup ecosystem. Unit economics and profitability are important for building a long-term company and all other things like fundraising and the IPO are just milestones along the way. Many $50 billion companies across all sectors will mark their presence.

Sujata Biswas, co-founder of Suta

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“There’s a lot going on around technology, and it’s helping all startups. Things are getting structured now; before, it was very unstructured. Even startup founders are helping each other. Some founders are becoming investors ;so they know the journey and are teaching others, the friendships and bonds that are fostered and the resulting strength – it’s all amazing to see.”

Taniya Biswas, co-founder of Suta

“If we look at the brands that are emerging, it is clear that the startup ecosystem is getting stronger. The support systems are also huge. This will determine the future of the country. Sectors like health technology and educational technology They are doing very well. “Being connected to these people gives me the drive that next year will be even bigger and better.”

Divanshu Kumar, Co-Founder and CEO of Solinas Integrity

“I look forward to this event every year. It’s a great place to network and learn. I enjoyed the panel discussions. Some of the questions were insightful. I think the winners continue to get better year after year. One interesting thing I noticed was that ClaimBuddy, which won the Best on Campus award today, was one of our year’s finalists. It’s a good story of startups persevering to get nominated for the ET award and finally get there.”

Vidit Aatrey, Co-Founder and CEO of Meesho

A06A8354 Vidit Aatrey, Meesho (2)ETtech

“The quality of the event has improved year on year, including the maturity of the discussions. Today, the panel discussed what is needed for the ecosystem to move from simply being profitable to building global companies, something that many people can compare. This shows that the ecosystem is maturing. Congratulations to everyone at ET for reaching the 10-year milestone – creating such a high-quality event and bringing together all the important people year after year.”

Rahul Chowdhri, Partner, Stellaris Venture Partners

A06A8518 Rahul Chowdhri, Stellaris (2)ETtech

This year, the event was better managed in terms of time. Also, I liked the panel discussions. It’s good that the founders say that they are not affected by external markers. I hope that it’s not just the founders of larger companies, but that it reaches smaller companies as well, because they are the ones facing these difficult questions. All deserving people have won the awards. The ecosystem is much denser.

Prashant Sachan, founder of AppsForBharat

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“These awards recognize the good work people are doing to grow the indian economy and to inspire many. The people being celebrated represent how the ecosystem has evolved. It has become important to focus on generating returns and building economically. Companies also focus on solving uniquely Indian problem statements and creating large profit pools.

When we see how companies like it Zomato or Lenskart have become dominant forces in India, we believe this is the minimum standard we should aspire to.”

Mayank Kumar, CEO, UpGrad

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This place feels like the entire startup ecosystem has sprung into action. There is enough depth of consumption and enough financing available for good ideas to grow. Many of these companies have now started to show profits. The next step is to increase profits.

I have great respect for all the winners and what they are doing requires a different type of rigor and execution. It’s not just about vision and strategy, but also about uncompromising execution.

Chaitanya Ramalingegowda, co-founder of Wakefit

The most important factor this year was the maturity of the startups. The discussions were not about survival, fundraising or valuations; it was about the next 5 years, 10 years, going global. Founders are becoming mature enough that they don’t want to rely solely on outside capital to survive. Additionally, there was a lot of representation on the consumer brand side, which was encouraging. In the next 10 years, companies will take a leap forward and will not have linear and incremental growth.

Bhavik Koladiya, Co-Founder, BharatPe

This is my first time at the ET Startup Awards. The quality of the discussions was so good that something could be gleaned from them. In today’s discussion, the clear winner is Zepto and Aadit (Palicha). During this difficult time, they just came and created that industry. Congratulations to that man, I’m very impressed.

Shashank Kumar, co-founder of Razorpay

A06A8350 Shashank Kumar, Razorpay (2)ETtech

If you look at the last 10 years, I think Aadhar and UPI They were the two pillars that helped the payments and financial services ecosystem to grow, prosper and reach the farthest corners of the country. Aadhaar has penetrated deeply into the country. There are already around 350 million users on UPI. Our next goal should be to get 1 billion users on UPI.

Lalit Keshre, CEO of Groww

We are at a very good point in India. The country will grow between 6% and 7% over the next few years, which will open a great opportunity for technology companies. Startups have the advantage of having lower operating expenses; Their ability to leverage technology to bring services to the masses puts them above traditional companies, for whom costs are much higher. Additionally, startups are building on the IPR ecosystem that the government is building, which gives us a huge advantage.

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