Saturday, December 13, 2025
News

Startup20 is India's innovation to G20 movement: Amitabh Kant

SocialTwist Tell-a-Friend    Print this Page   COMMENT

Hyderabad (Telangana) | January 28, 2023 5:33:21 PM IST
G20 Sherpa Amitabh Kant on Friday said that Startup20 is India's innovation to the G20 movement. Startup20 has been launched in Hyderabad for the first time.

G20 Sherpa Amitabh Kant said, "The Startup20 is India's innovation to the G20 movement. That is because of our Prime Minister Narendra Modi's belief that the world needs digitisation. It needs young energy and dynamism. It needs technological leap-frogging."

G20 Sherpa Amitabh Kant said the Startup20 has been launched in Hyderabad for the first timeThe Inception Meet of Startup20 is being held in Hyderabad on Saturday and Sunday. The Startup20 aims to develop a global narrative for supporting startups and facilitating synergies among startups, corporations, investors, innovation agencies, and other key ecosystem stakeholders, according to an official release of Startup20 PRO.

Speaking about the footfall on Saturday at the event, he said, "We have seen a very good attendance of startups, investors, private equity funds and venture capitalists. They will discuss the issues of how to strengthen the startup ecosystem, how to ensure a greater flow of financial resources and how startups can drive sustainable development goals. That is it is a move towards education, health, nutrition where a lot of innovation has to be done."

According to G20 Sherpa, they will also discuss the "digital public structure where public tracts were created and privates sector innovated further" and how India was able to use digital identity, data empowerment or bank accounts to drive a huge amount of payments.

In this context, he said how India did with the COWIN app, Fastag and Digi lockers. "These are learning experiences of the world," he added.

He said, "We have seen Big Tech model in the US and its counterpart in Europe and we have created an alternative model here in India, which we think it is vastly different because data were owned by the citizens. All these would be discussed and debated." (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
GST reforms may reduce retail inflation ...
India-EU FTA nears completion: CTA Appar...
India's forex reserves rise by $1.03 bil...
India retail inflation to average 2.5% i...
Assam CM inaugurates TVS Credit Technolo...
CBDCs more superior to Stablecoins as th...
More...
 
INDIA WORLD ASIA
Speaker to examine e-cigarette allegatio...
Odisha plans floating solar projects on ...
MP: Bhasma Aarti performed at Mahakalesh...
UP CM Yogi Adityanath pays tribute to ma...
Operation CyHawk phase 2 leads to arrest...
Delhi chokes as air quality deteriorates...
More...    
 
 Top Stories
Shah Rukh Khan reaches Kolkata ahea... 
GST reforms may reduce retail infla... 
CBDCs more superior to Stablecoins ... 
New projects worth Rs 26 crore laun... 
"Another way to distract attention.... 
Pakistan: UN expert calls for an en... 
Lionel Messi happy with 70-foot sta... 
Earthquake of magnitude 3.9 strikes...