Retweeting his video message posted by Startup India, Agarwal said, “I am bullish on Indian entrepreneurs taking the world by storm. Founders should remember that valuations are temporary, values are forever. Focus on doing good & stay grounded.”
In the video message, he said it seems like India is not walking anymore when only one or two unicorns were added a year.
“We are now sprinting towards glory to make India the largest entrepreneurial ecosystem in the world,” he said.
He listed out the presence of entrepreneurs and markets in Tier II, III and IV towns in India; digitisation of small and medium enterprises, and the support of the government led by Prime Minister Narendra Modi by creating the right ecosystem as key factors for the growth of startups in the country.
Discover the stories of your interest
Agarwal said there would be not just 100 but 1,000 unicorns coming out of India in the future.