In New Delhi, Amitabh Kant, the G20 Sherpa, underscored the imperative for Indian financing to propel the startup movement, stressing the inadequacy of relying on foreign funding. Speaking at the CII Unicorn Summit, Kant advocated for the establishment of a fund of funds to bolster young deep tech startups, emphasizing that unicorns serve as crucial national assets. Additionally, Kant highlighted the significance of startups prioritizing corporate governance for their advancement, cautioning against potential pitfalls. Furthermore, he remarked on the exemplary performance of women across various domains, asserting that for India to achieve its goal of becoming a USD 35 trillion economy by 2047, the active participation of women is indispensable.
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