India Digital Summit: Promising days ahead for Startups in India

The 10th India Digital Summit, with the theme ‘Stand-Up Start-Up’, saw the coming together of startups and investors from all across India, and the world. There were inspirational talks and discussions by the founders of popular Startups that are now a name to reckon with, like Paytm, Shopcules, Meru Cabs, Oxigen Wallet, to name a few. Aspiring startups introduced their innovative products before a bevy of investors gathered from all around the world.

Hundreds of executives from sectors like Mobile & Internet, Technology, Cloud, eCommerce, Travel, etc. attended the two-days meet, on Feb 10th and 11th, 2016. The largest gathering of the Digital organizations was conducted by the Internet and Mobile Association of India (IAMAI), at The Lalit Hotel in New Delhi. The conference covered a broad range of topics related to the web and the mobile like value added services, payment, and networking, etc. Also discussed were issues relating to the use and application of various digital media -the web, mobile, social media, etc. Startups got insight into efficient positioning and promotion of Brands and their products.

Various Sessions discussed the penetration of internet in different sectors. Founder of Startups which made successful inroads in categories like food, rural India, health, travel, books, education, and women empowerment, participated in the discussions. According to experts in the online education courses, there is a great possibility for Edu-Tech in rural India. And people in rural India are ready to pay for the education products they buy online’.

A wide range of interesting products was introduced by startups before prospective investors and delegates. One interesting product was an App with which all of the Apps in the mobile can be opened at a faster pace. The age of the startups aspirants is decreasing with some of those claiming to be technical head of companies were still studying in college.

In the Valedictory Address, Jayan Sinha, Minister of State of Finance, Government of India, said that ‘Technology is the secret sauce of India’s transformation.’ Rajeev Chandrasekhar, Rajya Sabha Member, who founded BPL Mobile, discussed the relevance of Net neutrality. Overall in the two days of Leadership talks, discussions and networking among delegates, there was a feeling of positivity with hopes of greater days ahead for aspiring startups.