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30 Leading Startups Join Forces in the Newly Launched Startup Policy Forum

Updated: Dec 05, 2024 02:24:32pm
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New Delhi, Dec 5 (KNN) On December 5, 2024, the Startup Policy Forum (SPF) was officially launched as a collaborative platform designed to bridge the gap between founders, policymakers, and regulators, with the aim of advancing India’s emerging sectors. 

The initiative, announced on Thursday, marks a significant step toward strengthening India’s startup ecosystem and positioning it as a global leader in the new-age economy.

The SPF has already garnered the support of 30 prominent startups, including industry giants like Razorpay, CRED, Pine Labs, Groww, OYO, Swiggy, Practo, Dream11, MPL, Cars24, CarDekho, Acko, Ixigo, Livspace, and Jupiter. 

The forum intends to cap its membership at 100 startups, ensuring a focused and impactful collaboration among its members.

Union Minister of Commerce and Industry, Piyush Goyal, expressed strong support for the initiative, stating that it would help reinforce India’s global leadership in emerging industries. 

He highlighted the transformative impact of Indian startups, which are "democratising business and converting job seekers into job creators." 

Goyal’s statement underscored the importance of the forum in aligning with government efforts to elevate India’s position on the global stage.

SPF was founded by Shweta Rajpal Kohli, an expert with experience across venture capital, technology, and media. The forum aims to provide startups with a platform to influence policy decisions and foster sector-specific initiatives. 

To drive this agenda, SPF has set up four specialised councils: the Fintech Policy Council (FPC), Consumer and Commerce Council (CACC), Emerging Tech & AI Council (ETAC), and New-Age Public Companies Council (NPCC).

With the SPF’s formation, India’s startup ecosystem takes a giant leap forward, as it continues to drive innovation, economic growth, and job creation in an increasingly digital world. 

The forum’s efforts are expected to facilitate constructive collaboration and push for policies that will support the next generation of Indian entrepreneurs.

(KNN Bureau)

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