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Value creation, tech for good and corporate governance, among top startup themes at ET Soonicorns Summit


At the ET Soonicorns Summit, an initiative to celebrate the future unicorns of India, top entrepreneurs and startup ecosystem leaders acknowledged the need for new-age companies to focus on corporate governance, value creation, and sustainable growth with a clear path to profitability in order to build resilient, lasting businesses from India.


Startups building disruptive tech solutions from India for the world, as well as solving for Bharat and harnessing tech for good are among the top themes that will continue to propel India’s new-age companies to grow at an attractive pace, even as they now shift focus to scaling at a more sustainable rate, said speakers at the two-day virtual ET Soonicorns Summit.

ET Spotlight

Watch the
highlights of the ET Soonicorns Summit here.

Around 50 speakers, including the founders and investors of Indian unicorns and soonicorns, came together at the ET Soonicorns Summit, powered by AWS and Intel, for deep-dive deliberations on the growth opportunity for Indian startups and to share valuable lessons on navigating a crisis and building businesses powered by sound fundamentals.

Startups should play the ‘value creation game,’ rather than the ‘valuation game,’ and chase ‘profit pools’ instead of ‘capital pools’, said entrepreneur and investor Anupam Mittal, who was among the keynote speakers with Satyan Gajwani, Vice Chairman, Times Internet and Amitabh Nagpal, Head of Startup Ecosystem, India (AWS), Amazon.

“Over the last five years, India has established that we have the potential to build really big businesses. The next phase – and perhaps the theme for the next five years – will be whether Digital India and Startup India can demonstrate that we can build lasting businesses,”
Gajwani said in his inaugural keynote.

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Watch Day 1 of ET Soonicorns Summit here:

The unicorn founders of D2C brand Mamaearth, multi-game platform Games24x7, and healthtech startup Pristyn Care also shared key insights from their journey in a series of unicorn playbook sessions. With around 20 different sessions spread across two days, the ET Soonicorns Summit served as a platform for India’s high-growth startups to glean insights on building resilient businesses amidst growing macroeconomic pressures.

Through a series of investor insights sessions, unicorn playbooks, and sector roundtables, the event also fostered learnings on several pertinent themes including how startups are looking to reimagine India’s next Techade, navigate a tough funding landscape, and build disruptive tech solutions for India and the world.

From fintech, gametech, Web3, and D2C to healthtech, agritech, SaaS, and deeptech, the ET Soonicorns Summit featured startups from across various industries in a series of sector roundtable discussions that spotlighted the challenges and opportunities for Indian startups and what’s needed to accelerate their growth.

Watch Day 2 of ET Soonicorns Summit here:

The event also brought together a slew of investors, including Sanjay Swamy, Managing Partner, Prime Venture Partners, Sanjay Nath, Managing Partner, Blume Ventures, Vaibhav Domkundwar, Founder and CEO, Better Capital, Shanti Mohan, Founder and CEO, LetsVenture, Sanjay Mehta, Founder and Partner, 100X.VC, Pankaj Makkar, Managing Director, BII, and Lavanya Ashok, Partner, Trifecta Capital, among others.

To further bolster coverage of the themes and ideas being tracked at the summit, the ET Soonicorns initiative will launch a video series on Future Unicorns and Decacorns of India as well as reports and trackers over the next few months.

Watch the highlights of the ET Soonicorns Summit here
. You can also
visit the ET Soonicorns Summit website to know more about the
initiative.



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