Inspiring and seriously enabling, PMs address. Startup India, Standup India - Start-Up Hyderabad
Loading Startup Hyderabad

Inspiring and seriously enabling, PMs address. Startup India, Standup India

 4 years ago    

Happy I decided not to got to Delhi for PM’s #StartupIndia. To be at great session at T-Hub where a large gathering listened to the concluding session and PMs address on Startup India, Standup India. To later reflect on the announcements, what it means for startups, what it means for Hyderabad. Lot of palpable anticipation in the THub room. Much like the bursting energy at Pragati Maidan. The concluding session was nicely orchestrated- a nice cross section of founders sharing very nice summaries of their startup/journeys in 2 minutes each. Uber, Practo, MapMyGenome, InMobi, Limerod, Ola,… And then the grand finale. PMs talk…

PM had the audience in the hall and all like us watching the telecast, fully engrossed. This man’s grasp and perception of everything is truly amazing! He was talking about startups as any of the most accomplished been-there-done-that investor-mentors would do. And then more! Connecting startups to society and economy. Challenging startups to think beyond software. Dreaming of the massive social change startups can bring. How it presents an opportunity for our crores of youth.

A country of billion problems with billion brilliant minds. And how gov can help. Best by ‘not doing’ many things. Allowing startups to flourish. And then unveiled the startup action plan. Great set of policy promulgations to simplify functioning of startups. From capital gains tax exemption for investments, to eliminating the “angel-tax” when investments above FMV,  income tax exempt, self-certifications thru a startup hub (mobile app), no inspections for 3 years, support for filing patents, simple form to start a company, and most importantly to ‘celebrate failures’ also by simplifying the exit process.

And then ofcourse, several enablers to actually help and accelerate startups. A 2500 crore per year fund of funds, that will work with other funding channels (details unclear.. but probably in matching grants to early stage funds & seed grants to leading incubators/accelerators). Very rightly he touched upon the significant role the incubators play in enabling new startups an dnew entrepreneur. Announced , extensive support for incubators. Strengthening all existing incubators. And setting up several new incubators. 500!

Also recognized the role research can play in bringing unique products, needing close industry-academia connect. Atal Innovation Mission. Announced that on lines of IIT-Madras research park, gov will setup 7 research innovation parks. That will bring research intensive startups working closely with academia. Specifically also setting up an extensive network for bio-tech. 5 bio clusters, 50 bio-incubators, and 150 tech-transfer offices.

A very well thought out set. Even better they have already initiated feedback mechanism nationwide. Post talk we had a panel discussion at THub. FICCI is compiling this nationwide. Good set of inputs came. Largely in support. Specific gaps were to extend self-certification to tax/RoC related and relax tds norms for startups. But otherwise, a fantastic time for starting up.

Today’s event will infuse so much energy into the ecosystem. And the Ofcourse, some very very serious enablement that will be added nationwide. Accelerating and amplifying. Hyderabad is double impact. Already THub++ started to build serious momentum. And now #StartupIndia is going to significantly multiply. So so so exciting!!!!

"Narendra Damodardas Modi" by Narendra Modi - Flickr: Narendra ModiThis file comes from Narendra Modi's official Flickr account.This tag does not indicate the copyright status of the attached work. A normal copyright tag is still required. See Commons:Licensing for more information.. Licensed under CC BY 2.0 via Commons -
“Narendra Damodardas Modi” by Narendra Modi – Flickr: Narendra ModiThis file comes from Narendra Modi’s official Flickr account.




Ramesh Loganathan

Hyderabad enthusiast, Shiva/Shivaji fan, adjunct faculty.. observing Hyderabad grow into a beautiful, creative, innovation minded tech startup city.


  • Saritha Keshamoni

    Saritha Keshamoni

  • Ramya Sayaboni

    Ramya Sayaboni

  • Bhavitaavya Dharanikota

    Bhavitaavya Dharanikota

  • Sruthi Malla

    Sruthi Malla

  • Tata Teja

    Tata Teja

  • Ruchika Agarwal

    Ruchika Agarwal

  • Neeha Jayaram

    Neeha Jayaram

  • Avatar

    Sameeksha Bansal

  • Rahul Das

    Rahul Das

  • Shravani Maddirala

    Shravani Maddirala

  • Avatar

    Madhureema RoyMoulik

  • Saloni Anand

    Saloni Anand

  • Srinivas Aki

    Srinivas Aki

  • Dhivya


  • Sravya Gowrisetty

    Sravya Gowrisetty

  • Soumalya Chakraborty

    Soumalya Chakraborty

  • Monika Guwalani

    Monika Guwalani

  • Ramesh Loganathan

    Ramesh Loganathan

  • Nischala Agnihotri

    Nischala Agnihotri

  • Varun Rastogi

    Varun Rastogi

  • Harshita Goel

    Harshita Goel

  • Nikita Kiran

    Nikita Kiran

  • Avatar

    Ankur Mehta

  • Neha Mohsin

    Neha Mohsin

  • Maddy Anand

    Maddy Anand

  • Ayyappa Nagubandi

    Ayyappa Nagubandi

  • Chandra Mouli Koduri

    Chandra Mouli Koduri

  • Divya Jyothi

    Divya Jyothi

  • Saptarshi Roy Chaudhury

    Saptarshi Roy Chaudhury

  • Ayushi Pandey

    Ayushi Pandey

  • Avatar

    Surya Vallae

  • Amita Sood

    Amita Sood

  • Ambika Asta

    Ambika Asta

  • Sreekar Reddy

    Sreekar Reddy

  • Gunajit Haloi

    Gunajit Haloi

  • Vana Korrapati

    Vana Korrapati

  • Avatar

    Anish Tadimarri

  • Ravi Vaka

    Ravi Vaka

  • Avatar

    Manoj Surya

  • Priyanka Mechineni

    Priyanka Mechineni

  • Vinita Surana

    Vinita Surana

  • Avatar

    Vineel Reddy Pindi

  • GR Reddy

    GR Reddy

image title here

Some title