PNN
New Delhi [India], September 4: Recur Club, in association with HSBC bank, organized an event 'Building in Bharat 2.0'. An enlightening session unfolded, featuring the active engagement of 100+ founders, venture capitalists, and industry entities. These contributors to the Indian startup ecosystem united to delve into the journey of startups as they progress into foundational industries that shape the nation's economic landscape.
The panel discussion explored the basis for India's optimism, identifying successful strategies from the last decade. Changes in startup capital acquisition were discussed, alongside the emergence of a potential Indian dream, reflecting heightened aspirations. Additionally, the session highlighted indicators of startups evolving into full-fledged industries.
The panel discussion was led by eminent personalities:
* Asish Mohapatra, CEO and Co-Founder, OfBusiness
* Eklavya Gupta, Co-Founder and CEO, Recur Club
* Rohit Bansal, Co-Founder, Snapdeal | AceVector Group, AceVector Group, Titan Capital
* Vishesh Khurana, Co-Founder, Shiprocket
* Jaideep Singh Kalra, Director and Head of Business Banking, North India, HSBC
Asish Mohapatra, co-founder, OfBusiness, mentioned, “The lack of government interference has to be one of the most integral parts, which is giving the ecosystem a push towards prosperity. Bansal echoes the feeling and believes that the Indian government has a huge intent to make the start-ups work.”
Eklavya Gupta, Co-Founder and CEO of Recur Club stated, “We're honored to host unicorn startup founders across industries at Building in Bharat 2.O. The strong turnout of these accomplished founders reaffirms our belief in India's momentous trajectory. Collaboratively, we're propelling the nation's growth towards superpower status, underlining that this is truly India's time to shine.”
Rohit Bansal, co-founder, of Snapdeal, AceVector, and Titan Capital stated "Start-up used to be a sector, which means most start-ups used to be fairly homogenous, some form of consumer technology, etc. Cut to today, it's become very different. Today's start-ups are not a sector; today every sector has a start-up. We are seeing start-ups as regional in sectors such as health, agriculture, logistics, finance, etc. And as a result, the capital needs of start-ups have also changed."
The event underscored the importance of fostering an ecosystem that supports startups in their growth journey. In partnership with HSBC, and with the support of ecosystem partner The Bear House, and treasure partners Purna Gummies, WellVersed, Deciwood, and Naagin, the event proved to be an enlightening experience for all attendees.
Recur Club is Asia's largest revenue exchange, enabling organizations to trade their future revenue streams for upfront growth capital. Companies can raise up to 50% of their ARR within 48 hours without equity dilution or the obligation of restrictive debt. Institutional capital providers like NBFCs, banks, and debt funds bid for your cash flow streams, ensuring you always get the best price. Recur Club’s community of 1500+ founders backed by Recur Club enjoys ecosystem benefits and access to a network of industry experts and investors.
(Disclaimer: The above press release has been provided by PNN.will not be responsible in any way for the content of the same)
Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor